whats going to drive growth?, page-4

First home ownership could be increased by

- cutting negative gearing. It was introduced to stimulate new building but hasn't worked.

- A large increase of land availability for sale. Not very slow releases, massive red tape, and land banking.

- a tax on overseas buyers

- reducing all first home buyer grants as this just pushes up prices.

None of this will happen though as both sides of politics are spineless. However the calls are becoming louder.