Property experts have grave concerns on the impact of proposed change to negative gearing policy. See article below.
“New modelling that showed Labor’s proposed changes to negative gearing and Capital Gains Tax will decimate the property market also highlights the Opposition’s fundamental misunderstanding of the sector, according to the Property Investment Professionals of Australia (PIPA) and the Property Investors Council of Australia (PICA).”
See full article: Joint media release – Negative gearing not a property investment strategy PIPA + PICA_draft
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Negative Gearing
29/10/2018
Article posted by Melissa Chaplin