The Greens plans to crack down on negative gearing and the CGT discount is a policy that will have a real impact on making housing more affordable.
It is the rapid increase in investor demand that is driving up house prices, not the lack of supply of housing. Building more housing will make housing more affordable but real progress can only be made if we tackle to root cause, too many investors flooding the market, bidding up house prices.
Not only will reforming these two massive tax concessions help make housing more affordable, but it will also raise billions of dollars that can be further used to build more public housing.

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