Love it! I would vote for him, just on that policy. Housing should never, ever have been made a commodity. And the only people this will affect, are the greedy and the brainwashed that relied on the silly generational belief that housing would always go up...
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You don’t have a clue how it works do you.
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Sean is a typical Labor voter. Economically & intellectually challenged.
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Except your modelling isn't Labor's modelling. It doesn't show grandfathering of exisiting negatively geared properties which Labor's model does so your model is factually incorrect.
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When you have Bowen as a treasurer, what else would you expect?
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The risk is house price crash which in turn will destroy the banks if they don’t manage it correctly and labor doesn’t exactly have a good record there
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Hope the intended consequences are that people buy to live not rent as affordability improves.
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And the renters can gooooo? Homeless - right - thought that out well didn’t you.
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Labor are a cancer upon economic prosperity.
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OR. Government risks blowing up the economy, as well as permanently disenfranchising future generations by refusing to eliminate giant welfare rort only accessible to affluent multi-property owners. There. Fixed it for you.
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Will someone please give Labor a brain transplant.
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That would be political suicide, even for a Labor government.
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Bill is a parasite, anybody who has worked hard and managed their own future for retirement is going to be penalized, What next Bill, take 50% of our super?
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i call bullshit
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Go guts, sure lots of Asian and other investors will lose out, but it is better for everyday Australians in the medium to long term. The property market should never have been allowed to get so inflated in the first place all due to bad government policies.
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