Home/global/Changing tax rules for investors won’t shrink housing supply or raise rents. Just look at Victoria

Changing tax rules for investors won’t shrink housing supply or raise rents. Just look at Victoria

globalMay 11, 20261 min readAttributed summary
Changing tax rules for investors won’t shrink housing supply or raise rents. Just look at Victoria
Labor’s anticipated reforms are not a panacea, but they could nudge Australia toward a more equitable trajectoryGet our
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Labor’s anticipated reforms are not a panacea, but they could nudge Australia toward a more equitable trajectory

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The Albanese government is preparing to unveil a budget that will recast housing as shelter – rather than a financial tool – in changes that have already sparked heated warnings that rents will rocket and housing supply will be curtailed.

Those warnings are best ignored.

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Source: Guardian - World News

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