@rossey_politics: Anyone who has taken advantage of the 5% deposit #scam under the #australia #government housing guarantee is worse off as now their house is worth less than the mortgage amount. And the government as the guarantor will still come after you, if you default or have to sell your house for less than the borrowed amount. This has put a lot of people in financial strain. #truth #fyp

skip :

I think the tax payer picks up the bill

Ladylego_Lou :

I'm sorry, I cant listen to him anymore!

Mickel :

house prices went up around 45%-60% in 4-5 year's while i don't agree with what labor have done because it was based on a lie everyone needs to recognise that housing prices need to decrease by atleast 25%-30% minimum to reflect reality

Ron Johnson gensan :

How many now are in mortgage default

AlwayACritic :

I don’t understand how he sleeps at night!

Gizmo14 :

And how many are in minus equity!!!!

C_Giorgio :

The way i look at it is, if you aren't able to save up 10% deposit, you can't meet the repayments.

frankcoceancic :

All by design by liebor

GenX_sweat :

also doesn't the government owns a % of the property under this scam?

its_about_to_get_real_ :

This, “scheme”, however well intended, has left (most of) those who took up the, “offer”, in a terrible financial position….meanwhile, we are being prepared for several rate increases by the RBA, to reduce inflation, partially caused by government overspending.🤔

petermrk :

You don't seem to understand what the PM is trying to do. Have you heard of the housing affordability crisis? What would you do to solve it? please don't say cut immigration and it will all be right. I think Albo is doing a good job in very difficult circumstances.

Keeper :

Vote One Nation 🧡

wanderer :

should be nothing you should have 5 perecent in your bank for safety change the rules but you have 5 percent cant touch it under security incase something goes wrong ?

Alan :

Banks hold all the cards and money

stack :

And there’s interest rate rises on the way 😡

The Spartan :

by 2030 over billion jobs will have gone to AI [Fire][Fire][Fire][Fire]

Alexander :

Susan Edelstein Blank :

Absolutely 🔥worse off.

sisya777 :

🫵 🇦🇺💯🎇 Michael 🎇💯🇦🇺🫵 :

Big brute :

And now the bank will walk in and take there house..

kan17 :

does he know repayments on 95% in current circumstances... can young couples afford it 😂

Smokey :

It’s funny that, how come we have more homeless people in the history of Australia being developed, I see a any happy people out there

RadNevs :

They sad reality is with interest rates predicted to go up, those people will not be able to refinance their mortgage as no one will lend you more money than what your house is worth.

Morris_Minor :

wait till rates go up again next week