If it is such great policy, why are the construction companies,...

  1. 4,792 Posts.
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    If it is such great policy, why are the construction companies, builders against it. They know it has a fatal flaw. If neg gearing only applies to new then who is going to buy the new unit you bought when you put up for sale now it is not eligible to negative gear. Property investors will go into other investments. Politics of envy may appeal now but let's wait and see what happens when rents go up.
 
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