With the Federal Election in May likely to lead to a change of government, a prominent real estate CEO is predicting that Labor’s negative gearing policies will not have the desired effect of boosting the volume of first home buyers in the market, but instead lead to a possible influx of...
When Labor announced its policy to restrict negative gearing, Sydney’s property market was soaring, and its median house price had hit $1 million. Unfortunately, for Labor, much has changed since those heady days.