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That last sentence was from the article I posted, as it was behind a firewall, not my personal observation.I think it is a rhetorical question.Personally I don't think the Govt is going to do anything about house prices, Australians just have to get used to it, along with a lower standard of living. It's also funny how all of a sudden now they are in Government "a phasing out of property tax concessions, would trigger a significant economic shock', yet it was a policy at the previous election, obviously something doesn't add up.With property prices, I think it could do with a significant shock, to break the ponzi cycle.
That last sentence was from the article I posted, as it was behind a firewall, not my personal observation.
I think it is a rhetorical question.
Personally I don't think the Govt is going to do anything about house prices, Australians just have to get used to it, along with a lower standard of living.
It's also funny how all of a sudden now they are in Government "a phasing out of property tax concessions, would trigger a significant economic shock', yet it was a policy at the previous election, obviously something doesn't add up.
With property prices, I think it could do with a significant shock, to break the ponzi cycle.
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