Topic: Housing

Access to super for housing deposit won’t cause house price rises

Reality contradicts the “sophisticated” models

australian_house_prices_versus_nz_house_prices

“Sophisticated modelling” by the Super Member’s Council released today purports to show that allowing Australian’s to access their money in their super accounts to buy a first home would inflate house prices by an average of $75,000.

According to AIP Executive Director, this modelling is rebutted by the facts.

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Rule out changes to negative gearing

It’s time for the prime minister to step up and rule out tinkering with the housing market and get on with the job of creating more supply. In particular he must rule out any changes to negative gearing according to the Australian Institute for Progress.

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