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RBA negative gearing memo warns of risk to rents

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Australian Broker | 11 May 2016, 07:00 AM Agree 0
An RBA memo discussing the impact of changing negative gearing confirms that abolishing the practice would raise rents, a property association has claimed
  • Principle & interest | 11 May 2016, 11:15 AM Agree 0
    A confusing message from the property lobby.

    So the taxpayer is propping up the rental market by subsidising rents and rents will somehow go up if that subsidy gets channeled to building more 'rental properties'?

    Seems to defy supply and demand.

    Renters want to buy, yet they get no taxpayer help.
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