If you want to talk about ‘getting ahead’ here is the core of...

  1. 7,178 Posts.
    If you want to talk about ‘getting ahead’ here is the core of the argument about NG and how it acts to keep new entrants behind and existing owners leap further ahead.


    NG is mostly used by people who already have a home or are already on their way to full home ownership, they are already ahead of new entrants. NG assist these investors to outbid new entrants for a second, third or fourth dwelling, driving prices higher forcing new entrants to fall further behind as they have to save a larger deposit. If you really want to help people get ahead, help the ones that need it more..the new entrants.


 
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