It represents that FHBs are being locked out of the market by the current taxation system giving an unfair advantage to investors.
It represents that the government needs to bribe FHBs with grants to enter the market.
It represents that wages will need to grow to keep up with prices making Australia even more uncompetitive.
It represents that more youth will be unable to find jobs as the companies that employ them no longer operate in Australia.
It represents nothing good or to be proud of.
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Neg gearing - Gone?, page-88
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