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Economists respond to minister insisting house prices shouldn't fall (www.abc.net.au)
submitted 7 months ago by maniacalmanicmania@aussie.zone to c/australia@aussie.zone
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[-] MisterFrog@aussie.zone 1 points 6 months ago

They're just worried they'll lose next year because of their 2019 election loss, which was largely seen as a rebuke on negative gearing reform proposals.

Make no mistake, this minister is trying to keep their older voters, who have sizable housing investments.

Anyone who thinks rising house prices (in real terms) is actually good for society is brain-dead.

this post was submitted on 14 Dec 2024
25 points (100.0% liked)

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