Aug 30, 2023
Are government schemes all they are cracked up to be?
An investment expert weighs in.
On this episode of The Property
Showcase, Lorna
Wang of InvestorKit
sits down with host Grace Ormsby to discuss the pros and cons of
the First Home Buyer Assistance Scheme in NSW.
While the scheme aims to help first-time buyers enter
the property market by providing stamp duty exemptions and
concessions, Lorna offers a word of warning to would-be buyers in
Sydney, sharing her insights into the challenges and limitations of
the scheme when applied to a city as expensive as the harbour
capital.
In this episode, you will also hear:
- Who the First Home Buyer Assistance Scheme will and won’t benefit
- How scarcity is impacting Sydney prices
- The
importance of due diligence when considering the
scheme
If you have any questions for Lorna, you can contact her at www.lornawang.com.au/