NSW announced a new incentive for 10,000 FHB, get the LMI waived with the govt going guarantor. Linky Will this spur the market on, drag out the first home buyers or be a kick in the guts for them pushing up prices? Will FHB decide to refinance as soon sad values increase and their equity exceeds 20%? Or will they stay in ignorant bliss? Does this form of incentive force up prices or will it put market entrants on a similar footing to investors who are able to access equity rather than using cash?