The solutions they wont use to fix the housing crisis | The West Report
Australia’s housing market is not a staircase, but a ponzi plan. And the government’s last “first home buyer” plan? Only another injection to the veins of the property lobby.
Michael, the new plan will raise the prices once again, developers, investors and politicians feed five investment property, while the tenants will be in line for the apartments in Bondi.
We are looking at real corrections: Slack a stamp tax on Singapore -style for negative gear advantages, scrap CGT discounts, tax Airbnb rorts and foreign recipients. Everyone knows how to fix it, no one has the courage to do it.
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Michael West was established Michael West Media To focus on high public interest journalism in 2016, especially the increasing power of companies on democracy. West was previously a columnist for News Corp, and even once a stockbroker and a journalist and editor.
