labors negative gearing policy would push house prices up, says minister /

Published at 2016-02-24 02:06:52

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Kelly O’Dwyer’s assertion approximately new property a setback for Malcolm Turnbull’s scare campaign that claims opposition’s map would ‘smash’ house pricesMalcolm Turnbull’s scare campaign claim that Labor’s negative gearing policy would “smash” house prices like a “wrecking ball” suffered another setback on Tuesday when one of his ministers said it would in fact push house prices up.
Kelly O’Dwyer,the assistant trea
surer, said on the Sunrise reveal that the Labor party’s policy was “irresponsible” because it would “increase the cost of housing for all Australians, and for those people who own a home and for those people who would like to bag into the housing market,through their negative gearing policy”.
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Source: theguardian.com