🇦🇺 Australia 15h ago · Maiy Azize

Australia’s property lobby would have us believe investors are selfless public servants. It’s just profiteering | Maiy Azize

The Guardian Australia
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Australia’s property lobby would have us believe investors are selfless public servants. It’s just profiteering | Maiy Azize
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Labor is right to wind back a system where taxpayers spend billions lining the pockets of those who treat housing like an asset class, not a basic needYou might have noticed that the property lobby is having a meltdown.You can almost set your watch to it. The moment anyone suggests winding back investor tax breaks, the same talking points come flooding out. Rents will skyrocket. Investors will flee. The market will collapse. Renters will suffer. Continue reading...

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