Man, I know Adamu is totally pumped about his FREE MONEY, but get this: a colleague in Australia revealed to me that she is thinking of buying a brand new, beautiful beachside condominium. I asked her what prompted the buy and here was her response:
only reason i’m thinking of getting something now is cos the government is basically giving first home owners free money towards buying something – $26,000 for an off-the-plan (ie, not yet built) place. the government’s grant is only until end of June! if it wasn’t for the free money, i would not be thinking of purchasing at this stage.
Wow, at present exchange rates that’s about 350x the benefit given here in Japan — although for a far more specific use, and only available to a limited number of people in a position to make such a purchase in the next few months.