Here is what this legacy media report will NOT tell you:
Those people who took the government’s offer for a “deposit guarantee” (because they thought the government is their mummy/daddy and only wants the best for them) will now be beholden to said government for literally the roof over the head once negative equity kicks in.
Fail to take a Digital ID…or the next concoction the government decides you need to take in the arm (or bum) and no deposit guarantee for you.
The lender thenrecalls the loan and unless they can refinance or come up with enough cash to pay the loan outright, it’s curtains!
You understand how this works now?

Australian Government 5% Deposit Scheme





