Saturday, November 20, 2010

House Prices

According to a story on brisbanetimes.com.au (Click to read) our house are set to fall.
I don't necessarily agree that the proposed changes will bring down house prices, but if they do then great, I support it. But, one thing I feel will help people own their own home is the removal of 'building covenants'.

Not only is the land expensive enough in the first place (and that's another story), you are then told you have to build a house to certain requirements. Often they include items like "minimum square metre area of the house" and "the house needs to have 2 garages". The list can and does go on and on....

What is going to raise the price of a new home more then to force the owner to build their own "McMansion"?
Often the owner may only want or afford a nice modest home.

Please help me remove the building covenants that require families to build a house they don't want!

Regards, Tim.

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