this post was submitted on 25 Sep 2024

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26

Property investors fear forced sales under negative gearing changes | SMH (web.archive.org)

submitted 1 month ago* (last edited 1 month ago) by zero_gravitas@aussie.zone to c/australianpolitics@aussie.zone

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Original URL: https://www.smh.com.au/national/property-investors-fear-forced-sales-under-negative-gearing-changes-20240925-p5kdju.html
archive.is snapshot: https://archive.is/y99nH

The corporate media wasting no time on the fear campaign...

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[–] zurohki@aussie.zone 24 points 1 month ago (2 children)

Without property investors in the market, there won’t be enough stock of rental properties

People seem to have this weird idea that those houses will just be set on fire or something, instead of being bought at lower prices by people who want to live in them.

[–] jonne@infosec.pub 9 points 1 month ago

Yeah, generally property investors don't build shit.

[–] Taleya@aussie.zone 1 points 1 month ago

They literally cannot comprehend other people owning houses to live in