No shortage around here. 27 months' supply, according to one local agent!
Totally agree. Stop negative gearing.
he doesn't mention that other house price inflator though - the FHOG. Give a grant of $20k - that just pushes up prices by $20K. And if you've ever owned a house, but had to sell for any reason - you're not eligible.
anz local ceo slams negative gearing, page-5
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