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The AUSSIE housing LIE
Governments keep telling young Australians that 5% house deposits help first-home buyers.
They don’t.
They blow up prices.
When you lower the deposit, you don’t make houses cheaper — you make more people bid on the same limited supply. That pushes prices higher, benefits banks and existing owners, and leaves first-home buyers with bigger mortgages, higher repayments, and zero margin for error.
This isn’t compassion. It’s price inflation dressed up as policy.
We’ve seen this movie before:
– First Home Owner Grants
– Stamp duty concessions
– Shared equity schemes
– Now 5% deposits
Every time, prices rise. Every time, politicians act surprised.
In this video I break down:
– Why cheap deposits inflate house prices
– Who actually benefits (hint: not buyers)
– Why media never explains the second-order effects
– How governments keep repeating the same mistake
If you’re wondering why housing feels permanently out of reach, this is a big part of the answer.
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