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By pumpkin (anonymous) | Posted June 12, 2010 at 17:11:16
We have only ever bought resale and were completely unaware of this as the $7500 was just introduced. However we are moving into a phase 9 and the development charges are $7500 and phase 10 is only $5000. It is not where would have gone, we would just have continued to buy resale as opposed to new. This definitely does not help the new home builders situation right now which in turn does not help the people purchasing them. I would have rathered higher property taxes than one what is considered by me to be a huge lump sum.
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