Why Gen Z’s share portfolios should be free of capital gains tax
There’s little prospect of housing affordability improving, so the portfolios of young savers should get the same tax-free treatment as the family home.
Any parent of Gen Z children would likely be despairing of the prospects of their kids being able to afford a home without family support.
Over the past 25 years, the multiple of income required to buy a median-priced home has doubled to eight – an increase that is roughly twice the rate of income growth.
