The housing crisis in Australia is not an economic inevitability

John Falzon 

The government is actually intervening in the market, especially through such levers as negative gearing and the capital gains tax discount, to ramp up housing inequality!  


The housing crisis in Australia is not an economic inevitability. It is the symptom of a series of political decisions. It is not just a matter of the government standing back and letting the housing market do its thing, thereby locking over 100,000 people out of having a place to call home and locking close to a million households into the daily struggle with housing stress. It is worse than that. The government is actually intervening in the market, especially through such levers as negative gearing and the capital gains tax discount, to ramp up housing inequality!

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