Greens are targeting tax breaks for investors to make buying a home affordable for renters, Max Chandler-Mather says

8 months ago 34

Australia’s tax system basically forces house prices up, often far in excess of wages, the party’s housing spokesperson says

The Greens plan to reduce house prices through their demands to axe tax concessions for investors to make buying more affordable for renters, the party’s housing spokesperson, Max Chandler-Mather, has said.

In an episode of the Guardian’s Australian Politics podcast, to be released on Saturday, Chandler-Mather argues projected price reductions in the order of 2.5% are “not much” and preventing further rises of 10 or 20% would be desirable.

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