this post was submitted on 07 Feb 2024
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[–] [email protected] 2 points 6 months ago

I don't see how they can't just put a cap on negative gearing, say 40k p/year. That would surely satisfy the "mum and dad" investors that everyone gets up in arms about. Might even be worth setting it for a set age bracket e.g. for 60+ year olds there is no cap. I feel this is probably warranted as that generation was told to invest in housing for their retirement, younger generations now have super