if people are no longer buying multiple investment properties that should mean more property available to buy for non-investors
but the cgt changes to shares will make it harder for younger people to save up a deposit
which will have a bigger impact?
I gave up trying to make sense of it over the last 5 years when I realised I'm now on the wrong side of the K and that's unlikely to change within any timeframe that will make a meaningful difference to my life.
Here's a guarantee - rich people will be fine, and poor people will keep getting poorer.
Here's a guarantee - rich people will be fine, and poor people will keep getting poorer.
Amen - Jesus
Rich get richer, the poor get the picture - Midnight Oil
and another sad guarantee, the poor will make sure they stay that way by enabling the rich eg voting for One Nation etc
Id be curious to know the percentage of young people that are purchasing ETFs (most likely 12+ month hold) with the intention to then sell on for a first home purchase.
"No first home! No second home either!"