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The Times Real Estate

Why now is the right time to clamp down on negative gearing

  • Written by Richard Holden, Professor of Economics and PLuS Alliance Fellow, UNSW
why now is the right time to clamp down on negative gearingNegative gearing makes it hard for renters to become home owners. Now would be a pain-free time to wind it back.Shutterstock

When I wrote a report for the McKell Institute about negative gearing, Switching Gears, in 2015, Australia had a housing affordability crisis and negative gearing was costing the budget A$4 billion per year.

Three years on,...

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