Yes, I'd use my super to buy a home - here's why
Description
There are now several efforts afoot to use super for home buying: Liberal party politicians are pushing to allow first-home buyers to tap up to $50,000. Separately, there is a move to allow single and divorced women special access to super to avoid homelessness.
Does it all make sense? Unfortunately, due to the skewed nature of our tax system, the case for using super for houses is increasingly compelling.
Sarah Petty, property reporter on the Herald Sun joins wealth editor James Kirby in this episode.
In today's show, we cover;
* The attractions of using super to buy your first home
* Melbourne's ever-improving relative value
* Why it's time to put the 'mortgage buffer' back in its box
* Testing Elon Musk's 'boxable' houses
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