How Labor’s proposed housing tax policy will impact all investors
With the upcoming federal election, Labor has a comprehensive plan to improve housing affordability and support housing construction. However, Ben Kingsley, chair of PICA, managing director of Empowered Wealth and co-host of The Property Couch, has serious concerns about the negative impacts of this policy on the housing market.
In this episode of The Smart Property Investment Show, Ben joins host Phil Tarrant to discuss these concerns, reveals why new builds may not be a good investment – with a staggering amount of data supporting this claim and shares his suggestions on how the property sector should be tweaked to benefit the greater economy.
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If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!
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