Fresh From The Stage 3 Tax Cuts Lie Here Is Albo's Next Trick - Negative Gearing....., page-41

If NG is grandfathered as it was suggested in 2019 then current investors would have nothing to complain about unless they wanted to add even more existing houses. They could always invest in new buildings and enjoy massive depreciation writedowns for many more years. If we are to lift the number of properties available then we cannot just shuffle existing properties. There has to be a growth in new properties and there needs to be incentives to build and not swap title deeds. There will be a massive backlash from the real estate industry. BUT that should be countered by the building industry and every business that supplies building products furniture etc