New homeowner incentives could leave buyers waiting years for their houses as demand soars

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New homeowner incentives could leave buyers waiting years for their houses as demand soars
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The federal government is expanding three homeowner schemes to help buyers enter the housing market with new builds. But they could be waiting years to get their keys.

The federal government is expanding three homeowner schemes due to end in June, with double the number of places to be offered to help buyers break in to the housing market.

"The [government] stimulation most certainly increases the requirements in home building and all trades," he said.The housing construction boom, along with a drop in timber imports, is driving a major shortage of structural timber.

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