The government expects “[budget] reforms to negative gearing and capital gains tax to enable an additional 75,000 Australians [to] buy their own home over the next decade”.The changes (to choose a more neutral word) are also expected to reduce investor demand and, in turn, “likely lead to a modest and temporary slowing in housing price growth that improves affordability”.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles