Economic stimulus packages for housing...why?

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As the restrictions start to unwind, thoughts are now turning to how the economy could be kickstarted. The HIA, UDIA and Master Builders Association have all called for amounts of between $40,000 and $50,000 to be used as grants for new home builds with various volumes per quarter up to 2021. There are numerous issues with these well intentioned suggestions that may in fact not be what is needed; so let’s unpack some of them.

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