Tag: housing ladder
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Government accused of swindling first-time homebuyers
The First-Time Home Buyer Incentive (FTHBI) has been modified to improve income qualification, but it’s being lampooned as a cynical ploy for the government to profit off of buyers who have the most trouble getting on the housing ladder. The changes, first proposed five months ago, raise maximum household income qualification to $150,000 from $120,000,…