Whither Australian residential property investors if the government goes radical?
Whither Australian residential property investors if the government goes radical? By Peter Rose 27 April 2021 | 1 minute read SHARE The New Zealand government has taken extraordinary steps to curb runaway property prices, and it’s not inconceivable Australia could follow suit, argues Forbury’s Peter Rose. What would happen to Australia’s 2.2 million-odd residential property investors if negative gearing were to be abolished? Those tempted to dismiss the idea it could occur need only look across the ditch, where our Kiwi cousins are contending with this very scenario. After seeing house...