There’s an old economic truism that every government intervention creates unintended consequences, which inevitably lead to calls for further interventions.That seems to be playing out with the Albanese government’s contentious changes to capital gains taxation and negative gearing. In a housing market as broken as Australia’s, no one is suggesting the state should step back and let the market self-regulate.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles