Comment on Higher interest rates smashed landlord profits, but negative gearing means few sold up
buxtente@lemmy.world 4 weeks agoWe’ve legislated ourselves into a corner - we can’t get rid of CGT concessions and negative gearing without crashing the housing market and therefore our economy…
The only way out is slowly introduced reform that aims to flatten house prices, but it has to be done almost clandestinely so as to not scare investors.
null_dot@lemmy.dbzer0.com 4 weeks ago
I agree that changes need to be measured and carefully considered.
There’s so many ways to do that though, grandfathering or capping.