And Imagine if the 14 bill or so they lose to negative gearing was put into infrastructure and new housing.
Only allow negative gearing on houses less than 10 years old and use it like depreciation where you can gear the highest % first and after 10 years you cant.
This will still keep people building new houses and might cost the govt a few bill in negative gearing tax writeoffs.
Then the other 10-12 bill left over each year could be used to build things such as public housing/units.
if the average one cost 300k a year they could build around 40 thousand new places each year taking pressure off of the rents thereby reducing inflation.
So we all could have a house and affordability wouldnt be a problem anymore...oh so easy
Only problemn is the speculators/infestors house prices will probably fall a bit but who cares thye have made enough for doing nothing but speculating on shelter
- Forums
- ASX - General
- ASX
- housing affordability the solution
ASX
asx limited
Add to My Watchlist
0.96%
!
$70.90

housing affordability the solution, page-2
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$70.90 |
Change
-0.690(0.96%) |
Mkt cap ! $13.77B |
Open | High | Low | Value | Volume |
$71.55 | $71.60 | $70.47 | $12.94M | 182.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 54 | $70.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$70.91 | 322 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 54 | 70.800 |
1 | 42 | 70.730 |
1 | 250 | 70.500 |
1 | 9 | 70.260 |
1 | 1017 | 70.100 |
Price($) | Vol. | No. |
---|---|---|
71.000 | 260 | 1 |
71.650 | 24 | 1 |
71.800 | 140 | 1 |
71.900 | 50 | 1 |
71.980 | 1000 | 1 |
Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
Featured News
ASX (ASX) Chart |
The Watchlist
VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online