Lab Housing Policy and Negative Gearing, page-114

  1. Tarvold
    20,234 Posts.
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    31/01/24
    08:26
    Post #: 72147689
    There are a significant number of investment property owners who rely on their reduction in income tax to be able to afford to keep up with their mortgage payments. Without NG they would be forced to sell those investment properties.

    It's a subsidy whichever way you dress it up, just another form of welfare provided by the taxpayer.

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