Shannow
Stunt Plough Rider
Dan,
you aren't paying attention.
The "super economists" Treasury documents state that supply of land is only a small factor.
Productivity Commission (who they proclaim every time it recommends sticking it to the workers) have consistently recommended abolishing negative gearing to take the "investors" out of the market, and return it to an accommodation market.
While (rich) people can own ten houses, and have the renter and taxpayer pay for the mortgage, there's always going to be upward pressure on prices and rental costs.
And you reckon that WE don't listen.
Surely a budding economist pays attention to the productivity commission.
you aren't paying attention.
The "super economists" Treasury documents state that supply of land is only a small factor.
Productivity Commission (who they proclaim every time it recommends sticking it to the workers) have consistently recommended abolishing negative gearing to take the "investors" out of the market, and return it to an accommodation market.
While (rich) people can own ten houses, and have the renter and taxpayer pay for the mortgage, there's always going to be upward pressure on prices and rental costs.
And you reckon that WE don't listen.
Surely a budding economist pays attention to the productivity commission.