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State taxes barrier for home ownership

Article image for State taxes barrier for home ownership

State property taxes represent a significant hurdle for potential West Australian home owners and investors according to the results of a recent REIWA survey.

Of the people surveyed, 90% said state property taxes were a barrier to owning or investing in property. 

REIWA President Hayden Groves said the survey responses overwhelmingly illustrate state property taxes, like transfer duty, are a significant burden on home owners and investors and government over-reliance on governments on property taxes must stop.

He spoke with Oliver Peterson. 

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