Housing Has Destroyed Our Economy?

#Housing #Economy #HeiseSays

I argue that government intervention into the economy via negative gearing has nudged investment into loss-making housing, having an opportunity cost on the rest of our economy.

References

https://www.abc.net.au/news/2016-03-03/fact-check-negative-gearing-scott-morrison/7180812

https://www.abc.net.au/news/2015-05-12/janda-why-negative-gearing-tax-benefit-should-stay,-for-now/6461040