1 June
1 June · 02:07 UTC
Alan Kohler making the obvious point I made here well before the last election. If you bring house prices down, you also bankrupt millions of existing Australian homeowners who took out huge mortgages, with the belief that their houses would go up in price over time. An 'investment'. Kohler says there is no way to solve this problem. Either owners win, or buyers win. Not both. There is a way, the only way, which I also posted here a few times. Only once in all history has housing been both widely available and affordable. After WW2, when government built the homes. Outside any 'market'. https://www.abc.net.au/news/2026-06-01/capital-gains-tax-negative-gearing-housing-chalmers-albanese/106742204
Nick Dee shared a link.