Will dunciad specufestors leap into negative gearing bull trap?

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So says Domain:

Investors could return to falling property markets across the nation before the year’s end, in a bid to beat proposed changes to negative gearing and capital gains tax, experts say.

“Many people thought July 1 next year was the most likely start date,” said Domain economist Trent Wiltshire. “It’s probably a good thing [they’ve chosen an earlier date], it means the uncertainty will end a bit faster.”

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.