Host: Make sense of that one for us.
Paul Glossop: Bit of a real one in itself. Look, I think first home owners grants across this country vary from states. So depending which, where, what and why. This probably comes into grants and stamp duty exemptions, depending on which state and where the incentive lies, depending on whether it’s established, or existing owner occupied for new and off the plan changes as well. Ultimately for me, does the question come into play that if you are looking to buy your home. If that home is going to be, personally then the biggest question I’ll ask is if it’s going to be your first property. If this isn’t going to be your forever home, treat it as investment. So if you are going to buy a home, that you intend on turning into a potential investment down the track or leapfrogging the property market at some way shape or form, that property needs to perform. So just because you got a grant that’s got to allow you to get into the market, does that mean it’s the right time to get into that market? Well that depends on what asset you’re buying. Just because you can get in, doesn’t mean it’s the right property type to get into. I would really want to see the same level of due diligence irrespective to the home or it’s going to be an investment and depending on what market. I think we have already talked about some of the fundamentals that you really need to look for irrespective. But for me, we are always very staunchy when buying a home. Ultimately, unless you’re absolutely 100% sure that that is your forever home or at least somewhat sure that’s your 10 to 15-year home. Please treat it as an investment because otherwise numbers will always stack up. That renting in that same market will no doubt out form you buying a dud owner occupier.