Change would be pos­i­tive for buy­ers

The Weekend Post - - News - CHRIS CALCINO

COOKTOWN t each­ers Brid­get Roberts and Her­man Ri­jken are work­ing to­wards a two-year plan to shift their bud­ding fam­ily to Cairns.

Like as­pir­ing home­own­ers all over Aus­tralia, neg­a­tive gear­ing poli­cies will be at the fore­front of their minds at the bal­lot box.

“With any sort of neg­a­tive gear­ing, it def­i­nitely in­vites the mar­ket to in­crease the price of houses,” Mr Ri­jken said.

“So you’ve got lots of buy­ers for a very lim­ited num­ber of prop­er­ties.

“We would love to buy brand new, but that in­flated process that ev­ery­one talks about makes it hard for us to get a de­cent sized de­posit.”

The young cou­ple want their five-year-old son Wil­liam to know the se­cu­rity of hav­ing par­ents who own their home.

“We nearly had to change our sit­u­a­tion on the fly re­cently and I was def­i­nitely scared about try­ing to find a rental prop­erty as a stop­gap be­tween get­ting a new house,” Mr Ri­jken said.

“I’m def­i­nitely lean­ing to­wards the La­bor pol­icy – any­thing that will drive prices down.

“Ob­vi­ously own­ers don’t like that if they’re think­ing of sell­ing.

“But at the same time if ev­ery­thing keeps go­ing up, even at our wage lev­els, we may never be able to own a home.”

Pic­ture: BREN­DAN RADKE

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