It’s practical and doable to change the capital gains laws on homes
and it would give a better and more sustainable society
It would be devastating to put homes in the asset pool
it’s one of the most knee jerk dipshit ideas going.
Oz has an enormous problem with residential real estate - it needs to be tackled - but will take decades to wind back the wild speculation
the huge risk is that it might wind itself back in a spectacularly uncontrolled fashion
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