According to The Australian Financial Review, retirees could be a key beneficiary of the federal government's HomeBuilder program, which the industry estimates could stimulate an additional 1000 retirement and land lease sales – or a 44 per cent increase on expected transactions – between June and December.
While much of the focus around the $25,000 cash grant for qualifying new home builds has been on first home buyers, it could also provide a much-needed incentive for retirees to downsize and buy into new homes. "Something like this could be a great catalyst for people to downsize," said Simon Owen, the chief executive of Ingenia Communities, a provider of affordable accommodation under the so-called land lease model, under which an owner buys a dwelling but rents the land on which it sits. James Kelly, the managing director of Ingenia's Victoria-focused rival Lifestyle Communities, agrees. "It's the biggest home buyer's downsizer grant we've ever seen," Mr Kelly said. "No-one thinks this applies to them because it never has before. That's why it's so exciting." https://www.afr.com/property/residential/homebuilder-the-downsizing-retirees-grant-20200609-p5510m If you want to read this article in Japanese, please see the following link: https://www.j-abc.com/jp-blog/homebuilder.html?lang=ja Comments are closed.
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March 2021
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