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Curbing immigration more important than negative gearing

October 3, 2024 - 00:10 -- Admin

A reader sent me the below meme, which neatly explains why curbing immigration is far more important for housing affordability than curbing negative gearing: Stimulating property investment via tax policies like negative gearing does push up house prices by stimulating investor demand. Investors also outbid and crowd-out first home buyers, thereby lowering the nation’s home

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