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Comments by "" (@pwillis1589) on "Economists predict RBA will cut rates at next meeting" video.
Some economists claim the single most influential thing on housing prices was the Howard government giving a 50% on capital gains tax.
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@slimlinebond I understand your supply and demand point about migration (which could easily be fixed by building more homes) but how does federal government spending (which I concede can be inflationary) directly effect housing prices? And if you think this is the case then why isn’t the 9 years of surplus budgets under the LNP governments also a significant contributing factor?
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