• stylusmobilus@aussie.zone
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    16 days ago

    How does CGT on shares and non housing investments affect renters?

    Supply and demand are the confected excuses. We have plenty of available dwellings and the issue is access for low income earners (well any earner below middle class in some parts of the country) and that’s been created by these tax concessions and removal of public supply to those who don’t qualify for bank approval.

    Like I said before, I’m happy with inquiry on shares and non housing investments. I don’t care if moneymakers want to make more money, just not on crucial services like housing, health and energy.

    • FreedomAdvocate@lemmy.net.au
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      16 days ago

      We have plenty of available dwellings

      We don’t though, not in the areas that people want/need to live. Most people can’t just pack up their life and move 5 hours away because there are a lot more empty shitbox houses out in the sticks.

      How does CGT on shares and non housing investments affect renters?

      Are you asking me, or was that your attempt to explain how it does?

      • stylusmobilus@aussie.zone
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        16 days ago

        We don’t though

        Yeah we do. That’s easily looked up and found as well. In the needed areas too. Some are left vacant by investors.

        The problem is access.

        Are you…

        Well, kind of, because they don’t really. Housing policy isn’t dependent on taxing investments elsewhere. If it’s anything like you offered trying to explain racism don’t bother.

        • FreedomAdvocate@lemmy.net.au
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          15 days ago

          That’s easily looked up and found as well.

          Show us then. Show me the thousands of vacant homes in inner city brisbane/melbourne/sydney.

          Well, kind of, because they don’t really.

          My point was that they don’t, yet the government removed the CGT discount on shares and non housing investments while saying it was to help with house prices. They lied, as they always do.

          If it’s anything like you offered trying to explain racism don’t bother.

          I’m assuming you’re the person that doesn’t understand that making fun of identity politics and their love of stereotypes isn’t racism?