Is this achievable?

Answer

There is currently no Shared Equity scheme available in NSW but other states have take on similar schemes, and various Shared Equity schemes are successful in the USA and UK, so we can build on the experience and expertise of those jurisdictions.Shared equity programs are currently underway in Western Australia, South Australia and the Northern Territory, and while early surveys show user satisfaction, the longer-term effects are yet to be felt on the property market. Current community housing providers are a potential home for shared equity so the opportunity certainly exists in NSW.


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