I'm not a renter so aren't affected.
I am well aware of the gains made by property owners.
I also well aware of the maths.
100 base + 30% = 130
130 - 20% = 104
What goes up, can come down. It might not go lower than the starting price but it can fall. If you bought in Brisbane at the peak say 12 months ago, you're now paying a lot more interest on a house going down in value.
Not a good feeling I would reckon.
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