Zed Seselja is dancing on the grave of Jon Stanhope’s vaunted land rent scheme that was supposed to help housing affordability.
As predicted lenders wouldn’t have a bar of it leaving the scheme available only to low income earners with enough money sitting around to self-finance construction.
Unsurprisingly the number of people in that situation has turned out to be zero.
Spare a thought for the poor buggers, silly enough to think a cunning plan of the Stanhope Government would have been fully thought through, who are seriously out of pocket for daring to trust.
- “This has left many innocent parties, who trusted their government, in a position where not only have their dreams of home ownership been dashed but they are also facing substantial bills for solicitor’s fees and deposits. One family told me that they have spent $1000 in solicitor’s fees, and they are locked into a contract, yet they cannot get finance.
UPDATED: In the absence of any official statement from the Chief Minister Zed’s following up and we’ll have to go with his version of events for now.
Apparently the Chief Minister did see his way clear to setting straight the 2CC audience:
- “This notion of ‘they’re out of pocket. It’s costing them’ That’s just not true. It’s bulldust.”
Zed is sticking to his guns and asking for compensation for his constituents who are claiming to be in a whole.
Or maybe if Mr Stanhope is so sure this is still a good idea he can set up an ACT Government funded scheme to loan construction money to land renters?