1.
"delivers incentives and advantages to investors"
We are talking about CGT on the family home??
So you want to tell every home owning family in the country that because some over entitled people in Sydney and Melbourne can't afford to buy a house in the inner city, that they should pay capital gains tax on their family home??
2.
"they may have no assets in retirement and may require public housing or rental assistance."
So for every Australian that has some how managed to scrimp and save and buy the home that you say is so out of reach. You suggest that the reward for doing so when they get to retirement and want to down size, is to slug them with CGT? Taking valuable funds out of their pocket for retirement and pushing some onto the pension. Seems pretty counter intuitive to me.
