Baby boomer wolf, Robert Gottliebsen, has donned sheep’s clothing in his latest negative gearing attack, claiming that Labor’s policy will actually hurt millennials:
We have just been through a residential property boom partly created by negative gearing, but the main force was loose bank credit often using inflated borrower incomes and unrealistically low expenses. The big winners from the boom have been parents and grandparents who bought dwellings at much lower prices decades ago.
