Comment on Labor and Coalition housing policies a 'dumpster fire', expert says

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null_dot@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

All three of your comments are just trotting out the established conservative talking points.

The LNP’s deductible interest is a terrible plan. You haven’t suggested why you think it’s better than the ALP’s plan. Both plans will increase the cost of housing.

As regards LNP specifically, home ownership already attracts obscene tax concessions in that your home is exempt from CGT. In terms of someone’s stage of life financial cycle, the LNP’s plan dramatically heightens the imperative to buy a home in your 20s and 30s. If you don’t, you miss out on those tax concessions, which are effectively the ATO paying off a big chunk of your investment.

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