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The downsizing dilemma white paper

The downsizing dilemma white paper
While first home buyers in numerous states have been given stamp duty concessions from their respective governments, recent research shows the tax is a challenge for older purchasers, as well.

The Downsizing Dilemma, a White Paper produced by LJ Hooker and, found stamp duty was the biggest obstacle for older Australians downsizing from the family home. In turn, stamp duty is preventing family houses – and many unused bedrooms – from being freed up and purchased by  first, second and third home buyers, which would improve affordability across the wider marketplace.
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