Up to 14% of what renters paid for housing in the past decade could have been due to taxes that don’t apply to owner-occupied homes, new estimates show.
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The committee said it had consistently heard that the current design of the discount “can distort decision making and incentivise tax planning”.
A new study reveals landlord behaviour can affect housing supply. Its release comes as the housing crisis dominates the federal election agenda.
Even changing the tax system won’t end steadily-climbing property prices. They are the result of urbanisation, and while COVID has eased some of the pressures, it has added some more.
Top contributors
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Associate Professor, Faculty of Business, Government and Law, University of Canberra
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Senior Lecturer in Applied economics and econometrics, Curtin University
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Professor of Property and Housing Economics, Adelaide University
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Research fellow, Curtin University
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John Curtin Distinguished Professor, Curtin University
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Professorial Fellow, University of Canberra
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Visiting Fellow, Economics (modelling), Australian National University