Landlords ‘leveraging up’ by exploiting property tax rules are fuelling Australia’s housing affordability crisis, analysis finds

Exclusive: Capital gains tax discount and negative gearing rules created ‘extra artificial incentive’ for property speculation, the e61 Institute has found Get our breaking news email , free app or daily news podcast The combination of the capital gains tax discount and negative gearing rules has turbocharged debt-fuelled property speculation over recent decades, according to a new analysis of hundreds of thousands of property investments.

The federal budget in three weeks’ time is widely expected to include changes to tax breaks for investors , in an effort to rebalance the tax system away from the wealthiest Australians and to take pressure off home prices .

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原文链接: The Guardian