Rents would likely climb higher as investors backed out of the housing market if there were changes to the current tax concessions for property investment, according to experts.
Analysts polled in the quarterly The Australian Financial Review property survey paint a “be careful what you wish for” scenario amid a national debate over the merits of changes to negative gearing and capital gains concessions.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
