The issue here is we don't know what the Government is doing, sort off. Albo lying on tax means you must think about his other commitments, there needs to be a clear understanding on if they will change the law on negative gearing or Super gearing in property. It MUST be done by election so people know whats happening and not a change to a promise during election.
If we were to also move into a recession somewhere between 24-28 (which could happen) then its going to be even more interesting.
Subject to Govt changes which may create a one way property system, then it will be down to more owners and less investors. The question then will be who can afford the pricing and loans if you remove the poeple that can easily afford to buy with the gearing.
Yes more people in, yes some will have cash some will not.
Watch Govt change on current settings is the big key here. I daily get callers trying to get me to setup a SMSF and buy property (its big business atm).
