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r/aussie • … • u/VastOption8705

Pauline hansons and the liberals plan won’t help anyone buy a house

*Let’s think about it. They want people to have access to early super to buy a house.*

If EVERYONE suddenly has access to 20k more, what does that do to the market?

In economic terms, the demand curve gets shifted so the house price goes up by 20k minimum.

*It’s the same amount of houses but the amount of total money bidding for those houses has gone up.*

*Okay, so not only does it drive house prices up, it also reduces your future retirement due to compounding.*

***In other words… drive up house prices and make people more reliant on the pension.***

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