REIQ Sounds Alarm on Negative Gearing Changes
Wednesday, 9 October 2024
The Real Estate Institute of Queensland (REIQ) has expressed deep concern over potential changes to negative gearing, warning that such a move could have severe consequences for the housing market. REIQ CEO Antonia Mercorella highlighted the minimal impact of negative gearing on house prices and the potential for catastrophic consequences for the rental sector. She emphasized the need for stability and predictability in the housing market and urged the Federal Government to reconsider any changes to negative gearing.
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