This headline is complete dog shit. Less than 1% of people have done this and did so by the rules by exiting the schemes. Headlines like this do sweet FA to address the housing crises. www.theguardian.com/australia-ne...
Nearly 1,500 properties bought using Australia’s first home buyers' 5% deposit scheme converted into investments
New data shows the federal government scheme has been used by high-income borrowers, including one couple earning an annual $674,000
theguardian.com