Melbourne investors left the market but rents didn’t jump
Economists and the housing industry have repeatedly warned that the Albanese government’s removal of key investor tax concessions (negative gearing on existing homes and the 50% CGT discount) would drive rents higher by pushing investors out of the market. These claims typically ignore that rents have already surged nationally over the past four years due The post Melbourne investors left the…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
