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Legal reform is still needed though Negative gearing must be scrapped and the capital gains tax wound back to pre-Howard levels The speculation on people’s sh
by lmpdev 2y ago
Legal reform is still needed though
Negative gearing must be scrapped and the capital gains tax wound back to pre-Howard levels
The speculation on people’s shelter needs to end
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Reforms aside, I agree housing stock must lift. How we can achieve that with such pervasive red tape at the local government level is beyond me
One fairly extreme capitalist approach (Japan’s) was covered in this great summary by ABC Australia (https://www.youtube.com/watch?v=R5pPcV54kiQ https://www.youtube.com/watch?v=R5pPcV54kiQ)
I don’t think it’s a conspiracy theory to say that Japanification of the west’s economies is here to stay, and we need legal, economic and cultural reform to adapt to the changing needs of our housing
The status quo cannot persist without great pain