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    Tingo (fixatedpersonsunit@aus.social)'s status on Wednesday, 09-Apr-2025 18:44:35 JSTTingoTingo
    in reply to

    One of the most perverse aspects of capital gains concessions and negative gearing is it makes residential property a very attractive safe haven during instability and recessions, such as now ... delivering *more* expensive housing during downturns, along with the ever expanding bubble.

    It's just so fucked up. Labor are cowards for failing to address it (although they did have a go in 2019) and the Coalition are just bastards 'cause it's exactly what they want.

    #auspol

    In conversationabout 2 months ago from gnusocial.jppermalink

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