You know the Liberals have got nothing when they only have scare tactics that have no basis.
All modelling has indicated that the impact of changing negative gearing and capital gains discounts would have only a modest impact on property prices. This is particularly so given what is proposed will not apply to existing negatively geared property and negative gearing would still apply to new stock. If as a result property values stabilised and we have a more sustainable value in property not inflated by over-investment just to get tax benefits. that will make housing in the long run more affordable and rises in value will be more realistic and less likely to be subject to the boom and bust which occurred in the USA property market.
