Jun 3, 2026 – 6.26pmJust as in 2019, when Labor last promised to curb negative gearing and reduce the capital gains tax exemption, it is once again struggling to state the obvious.That is, if housing affordability is the central aim of its policy changes, then prices have to fall. At least initially. But like The Fonz having to admit he was wrong, the government can’t quite get the words out.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
The politics of house prices – damned if you do, damned if you don’t
If home affordability was the central aim of Labor’s budget changes, then property prices have to fall. But the government can’t quite get the words out.
91 words~1 min read
