What a good idea why don't more towns do the same thing. It would ensure a flow of young families to areas where they would normally have difficulty settling due to financial restraints. Obviously there would need to be rules regarding it being a non profit making investment for at least 10 years to encourage people to stay in the area long term. I'm sure the powers that be could make a contract to ensure there would be no abuse of such a system. Lots of ideas come to mind what do other members think the pros and cons are.
$10 for your own piece of Australia
in Renting & Real Estate
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What a good idea why don't more towns do the same thing. It would ensure a flow of young families to areas where they would normally have difficulty settling due to financial restraints. Obviously there would need to be rules regarding it being a non profit making investment for at least 10 years to encourage people to stay in the area long term. I'm sure the powers that be could make a contract to ensure there would be no abuse of such a system. Lots of ideas come to mind what do other members think the pros and cons are.