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Resolving the housing crisis - Gympie Today

Summary by Gympie Today
Gympie Today (21/3/25) provided opposing views on what is required to resolve the current housing crisis. One person urges the government to scrap Negative Gearing and Capital Gains Tax discounts. The other said that changing Negative Gearing and Capital Gains Tax is not needed. Governments were encouraged to invest in more schools, roads, railways, and hospitals, but no mention of increasing taxes to pay for those. The ideas in the articles wor…
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Gympie TodayGympie Today

Resolving the housing crisis - Gympie Today

Gympie Today (21/3/25) provided opposing views on what is required to resolve the current housing crisis. One person urges the government to scrap Negative Gearing and Capital Gains Tax discounts. The other said that changing Negative Gearing and Capital Gains Tax is not needed. Governments were encouraged to invest in more schools, roads, railways, and hospitals, but no mention of increasing taxes to pay for those. The ideas in the articles wor…

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ROGER MONTGOMERYROGER MONTGOMERY

Housing crisis? What housing crisis? A look into the political paralysis behind the housing shortage

Heidi Cuthbert’s article, “Why no one really wants to fix the housing crisis,” (21 March 2025), offers a sobering look at Australia’s escalating housing affordability crisis. Cuthbert highlights the rather staggering statistic that median mortgage repayments now consume just over 50 per cent of household income, and in doing so, underscores the severity of the issue. For the one-third of Australians, who have taken out a mortgage (likely to be a…

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ROGER MONTGOMERY broke the news in on Wednesday, March 26, 2025.
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