Home » Australia Update

Fact Check: Did Abolishing Negative gearing Push Up Rents?

Submitted by | 1,276 views

Treasurer Joe Hockey says abolishing negative gearing could push up rents, because that’s what happened in the 1980s. Is he correct? Watch this clip produced by ABC on the implications of abolishing negative gearing into the property market especially in Sydney.

Joe Hockey’s Statement on Negative Gearing

joe hockey on negative gearing

“If you abolish negative gearing on investment properties, there’s a strong argument that rents would increase,” Mr Hockey


Tags: sydney property market, negative gearing, RBA rates cut

likebar

Comments

comments

Tags: , ,

Leave a comment

Add your comment below. You can also subscribe to these comments via RSS

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong> 

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar