In my previous article I wrote about housing affordability and the first homebuyer’s scheme as an example of unsound public policy that exacerbates the housing affordability problem. In this article, I shall turn my attention towards tax concessions and consider their impact on housing affordability.
Re-examining the housing market
Edmund Kemsley breaks down housing bubbles and considers whether the various ingredients are present in Australian or if all the talk about an imminent crash is just hot air.