LNP’s key housing policy (tax deductible mortgages for some first home buyers) has been tried & failed overseas, including comparable economies like Netherlands.
‘… push up prices, raise barriers of entry… & deepens mortgage debt’
Fail. Fail & Fail.
#Auspol #PutLNPLast
‘… push up prices, raise barriers of entry… & deepens mortgage debt’
Fail. Fail & Fail.
#Auspol #PutLNPLast
Comments
You don’t have to decrease current values to help, can stabilise, reduce rate of further increases, remove tax deductions for those using them as investments etc
Like negative gearing you mean?
PS if you can’t just go balls to the wall and commit to your mortgage without weird discounts you ain’t gonna be able to do it. We’ve seen that create global crisis
Awful.