Labor’s policy will force property prices down and rent up

The report from SQM Research, investment advisers specialising in property investment, says property prices will fall nationally between 5-12% by 2022 if Labor scraps negative gearing for existing properties and halves the CGT discount from 50 per cent to 25 per cent.

The study also found that house prices will rise 8-14% if no changes are made.

Shadow Treasurer Chris Bowen rejects the research.

Source: ABC News

Join the Conversation


Leave a comment