You'd have to explain to me how it would help Victorian renters, wiskers, given a % of Victorian residential investors will either leave the market due to the high impost and little or no capital gain for the next circa 5/10 years, or pass on the imposts to renters. Also, many residential mom and pop investors mostly run on the cheaper spectrum properties, which will be scooped up by first home buyers, so the rental pool diminishes. Unless the Greens are going to magically build out the shortfall, including the current housing deficit, then I see a problem. Ultimately, the private sector dynamic has to be beneficial to both parties (renters and investors) or it just doesn't work and will create an even worse situation down the track.
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