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The New Daily – Six reasons why negative gearing changes won’t destroy the economy

The New Daily – Six reasons why negative gearing changes won’t destroy the economy

The REIA and Property Council have joined forces, claiming the Labor Party’s proposed changes to negative gearing and capital gains tax “will have negative impacts on mum-and-dad investors, home owners, renters, the construction industry, state governments and the economy,” in the words of REIA president Adrian Kelly.

They cite a “truck load” of reports that oppose the changes. Here’s why they are wrong.

https://thenewdaily.com.au/money/property/2019/05/13/negative-gearing-mythbusting/

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