Landlords Fuel Australia's Housing Crisis by Exploiting Tax Rules
New analysis reveals how capital gains tax discount and negative gearing rules have turbocharged debt-fueled property speculation, contributing to the housing affordability crisis.
Exclusive analysis has uncovered how the combination of capital gains tax discounts and negative gearing rules has fueled a surge in debt-driven property speculation over recent decades, exacerbating Australia's housing affordability crisis.
The upcoming federal budget is widely expected to include changes to tax breaks for investors, in an effort to rebalance the tax system away from the wealthiest Australians and to take pressure off home prices.
The e61 Institute's analysis of hundreds of thousands of property investments found that the current tax rules have created an
Source: The Guardian
