The release of the Grattan Institute report Hot property: negative gearing and capital gains tax has raised the temperature of the scare campaign for a day or so on Labor’s Positive plan to help affordable housing, aka negative gearing.
Turnbull says Labor’s policy will drive down house prices:
- “What Labor is proposing is a huge reckless shock to the market. This is not fine-tuning. This is a big sledgehammer they are taking to the property market,” Mr Turnbull said.
Grattan found otherwise. Continue reading Negative gearing: the election scare campaign continues