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First NZ home grant

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Old Mar 25th 2003, 3:48 pm
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Don
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Default First NZ home grant

There's a lot of 'informed speculation' in the NZ press that NZ will shortly bring in a first home grant similar to the Aus system. They're concerned at the % drop in home ownersover the past few years.

Good news (if it happens) for immigrants.

Cheers - Don
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Old Mar 26th 2003, 8:23 am
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Default Re: First NZ home grant

Originally posted by pleasancefamily
There's a lot of 'informed speculation' in the NZ press that NZ will shortly bring in a first home grant similar to the Aus system. They're concerned at the % drop in home ownersover the past few years.

Good news (if it happens) for immigrants.

Cheers - Don
I thought there was something like that running in NZ now, but my wifes just said & like you have said, it's in Oz.

Great if it happens!!
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Old Mar 26th 2003, 10:34 am
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Default Re: First NZ home grant

Originally posted by garrisondamn
I thought there was something like that running in NZ now, but my wifes just said & like you have said, it's in Oz.

Great if it happens!!
Hi everyone!
what is this home loan grant all about. sounds like money for nothing to me,surely that cant be correct
Gavin
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Old Mar 26th 2003, 2:06 pm
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Default Re: First NZ home grant

Originally posted by ratliffe
Hi everyone!
what is this home loan grant all about. sounds like money for nothing to me,surely that cant be correct
Gavin
I think you got it right frst time - it's money for nothing. To encourage home ownership, ie a political (and social?) goal. Not too different to what other countries already do, eg Aus first home grant, UK council house tenants' right to buy at discount, subsidised mortgages in certain European countries, mortgage interest payments tax deductible in certain countries etc etc.

Timing: October 2003, please, Helen.

Cheers Don
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Old Mar 26th 2003, 5:12 pm
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Default Re: First NZ home grant

Originally posted by pleasancefamily
I think you got it right frst time - it's money for nothing. To encourage home ownership, ie a political (and social?) goal. Not too different to what other countries already do, eg Aus first home grant, UK council house tenants' right to buy at discount, subsidised mortgages in certain European countries, mortgage interest payments tax deductible in certain countries etc etc.

Timing: October 2003, please, Helen.

Cheers Don
Thanks don for replying
Money for nothing a bit zz top but it sounds great to me.
How do you get you hands on this stuff?
Is it available to anyone that has intentions to buy
Cheers Gavin
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