property 20 years lockout, page-110

You are absolutely correct nine lives. That scenario is why a government would perhaps not abolish it totally which may prompt too many property investors to sell. But future governments in time will look at gradual steps such as this to dampen house prices enough so that it does not hurt existing home owners too much, yet it gives 1st home buyers a chance. In a perfect world the government probably wants many years where house prices are flat, existing home owners probably wouldn't be upset enough to alter their voting intentions and it gives 1st home buyers incomes a chance to catch up over time.

The point is governments have plenty of power to alter policies in an effort to achieve this scenario. I guess my point is that is it wise to hold many investment properties where goverments probably have a vested interest in holding back the performance of your investment?