3 ms·
There was a campaign in Australia to remove the income tax deduction on investment properties as it was cited as the cause of high property prices What most pe
by wp381640 8y ago
There was a campaign in Australia to remove the income tax deduction on investment properties as it was cited as the cause of high property prices
What most people ignored is that it would spike rents and cause more short-term harm, especially as lending tightened
Everybody was casting for something to blame and ignored the most obvious solution staring them in the face - an increase of property supply (as you've said)