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As the debate over the changes to negative gearing and the capital gains tax discount continues, one of the major points of contention is the impact on new home building.
According to estimates from Treasury, the changes to negative gearing and the capital gains tax discount will reduce the number of homes being built over the next decade by 35,000.
Modelling from Qaive and Tulipwood Economics held a similar conclusion, that limiting negative gearing to new homes would reduce new home construction by 22,700 homes over 5 years.
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About the author
Tarric is an Australian freelance journalist and independent analyst who covers economics, finance, and geopolitics. Tarric is the author of the Avid Commentator Report. His works have appeared in The Washington DC Examiner, The Spectator, The Sydney Morning Herald, News.com.au, among other places.
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