That pretty much happens every time any government tries to introduce an “economy kickstart benefit”.
See for example, Hungary. The government introduced “CSOK” a few years back, which was basically a “start your family” free money kit - if you marry and have X kids within Y years of taking part in this program, you get to keep the money for free, no need to pay it back, otherwise it turns into a loan (with sub-market rates mind you so it’s worth taking even if you don’t want kids).
The amount per family was fixed, at IIRC 20 million HUF, or around $60k USD.
Guess what happened?
Property prices shot up, practically overnight, by that amount.
That pretty much happens every time any government tries to introduce an “economy kickstart benefit”.
See for example, Hungary. The government introduced “CSOK” a few years back, which was basically a “start your family” free money kit - if you marry and have X kids within Y years of taking part in this program, you get to keep the money for free, no need to pay it back, otherwise it turns into a loan (with sub-market rates mind you so it’s worth taking even if you don’t want kids).
The amount per family was fixed, at IIRC 20 million HUF, or around $60k USD.
Guess what happened?
Property prices shot up, practically overnight, by that amount.