When times are tough, Greed goes up!
18/10/08 18:21 Filed in: What the..?
“House prices up as greedy cash in on first homebuyer
grant rise.”
This was the headline on a recent news.com.au article.
Show of hands. Who thought that wouldn’t happen? ...I see no hands.
Once again we see the true nature of a lot of people. Not ALL people mind you, and probably not the majority either, but a lot.
Unfortunately in the housing market, it only takes a minority to ruin the whole shebang for the majority. In this case, and that of the news article, it is once again those who don’t have a home being preyed upon by those who are wanting to ditch one.
What is the possibility that those selling are actually selling, not the family home but one or more additional houses they have acquired? Fairly high I would think.
Perhaps real estate agents should name and shame those vendors who want to re-list their properties at a higher rate to consume the increase of the first homebuyers grant.
This opportunistic feeding happened the last time there was an increase, and indeed even when it was introduced.
Why not just give the vendor the money? It’s what’s happening now anyhow. (joking!)
Better yet, stop promoting the housing market as a way to make easy money. Everyone needs a home, ONE home. Maslow new about it. It’s right there in his hierarchy of needs.
This was the headline on a recent news.com.au article.
Show of hands. Who thought that wouldn’t happen? ...I see no hands.
Once again we see the true nature of a lot of people. Not ALL people mind you, and probably not the majority either, but a lot.
Unfortunately in the housing market, it only takes a minority to ruin the whole shebang for the majority. In this case, and that of the news article, it is once again those who don’t have a home being preyed upon by those who are wanting to ditch one.
What is the possibility that those selling are actually selling, not the family home but one or more additional houses they have acquired? Fairly high I would think.
Perhaps real estate agents should name and shame those vendors who want to re-list their properties at a higher rate to consume the increase of the first homebuyers grant.
This opportunistic feeding happened the last time there was an increase, and indeed even when it was introduced.
Why not just give the vendor the money? It’s what’s happening now anyhow. (joking!)
Better yet, stop promoting the housing market as a way to make easy money. Everyone needs a home, ONE home. Maslow new about it. It’s right there in his hierarchy of needs.
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