The Real Estate Institute of Australia (REIA) says any change to negative gearing would impact on the supply of housing and the level of rents in an already tight rental market.
In its pre-budget submission, REIA’s analysis of the impact of the Henry Review recommendation that deductions and income associated with rental property should be discounted by 40% shows this would result in rent increases of more than 4%.
GROWTH IN HOUSING FINANCE APPROVALS RESUMES
2021 OFFERS UNIQUE OPPORTUNITY FOR LATE AUTUMN AND WINTER SALES
RENTS CONTINUE RECOVERY FROM COVID IMPACT
All-star line-up for REIA National Awards for Excellence 2021 to be held in the Top End
HOMES SHOULD BE AT THE HEART OF BUDGET 2021 AS AUSSIE JOBS COME BACK ONLINE
RAPID GROWTH IN HOUSING FINANCE APPROVALS SLOWING DOWN
AUSTRALIAN HOUSING PRICES SOAR BY 500% OVER PAST 25 YEARS