Notes and Summary for "Why cheaper housing may not happen"

Notes

• Labor doesn't clearly understand the impact of changing their negative gearing policy proposal.
• The capital gains tax discount to 25% from 50%, which will save $32.1 billion over 10 years.
• Tinkering with negative gearing could hurt the economy.
• The government plans to target high-end investors.

Summary

Changing the negative gearing policy proposed by Labor could hurt the economy as per The Property Council. While, the government is still looking for tinkering it by targeting high-end investors in order to save the budget which is $32.1 billion over 10 years. Labor can easily lost the election because of the negative gearing policy.