Qld flood buyback scheme inundated with 800 applications

More than a year after the record 2022 deluge, the scheme has attracted interest from 60 per cent more homeowners than expected.

set up to enable the purchase of about 500 severely flood-affected homes.

hey_frankie 10 points 3 years ago

Inundated with applications...just like those houses.

I'll see myself out.

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macrocephalic 3 points 3 years ago

What do you want to bet these properties are sold back to developers in the coming decades?

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min0nim 3 points 3 years ago

Asset recycling- it’s the new cool thing!

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