It will probably be the only thing I will agree on with the greens.
Imho,negative gearing should be abolished and existing arrangements grandfathered, to give new purchasers by investors some prior warning
yes, there may be some rent increases in the short termfor existing arrangements but the fall in house prices due to lower investor appetite may provide an opportunity for some renters to become home owners or the fed govt to expand its public housiong stock.
its a very complex issue impacting on many peoples lives and the changes to negative gearing,super concessions and the gst is on the radar due to the current fed govt position
unfortunately the good old days are long gone,taxpayers will have to get use to paying more tax in the future
there may be some offsets going forward like stamp duty on first home purchased
interested in other opinions
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