week: But even with falling house prices in Sydney there is little reason to believe the policy is less popular than it was three years ago, according to The Guardian. One of my favourite fear articles of late was in the Australian this week, which used data from the Australian National University's Australian electoral study of the 2016 election to estimate that while half of all property investors voted for the Coalition at the last federal election, 26 per cent gave their vote to Labor, suggesting the opposition's proposal to grandfather negative gearing risks putting these voters offside . Housing is enough of a worry don't scare us with warnings of rising interest rates Greg Jericho Read more I'm not quite sure why those 26% of investors would now change their vote due to negative gearing given the ALP went to the 2016 election with the exact same policy. The articles about what level of destruction the ALP's policies will wreak are now virtually a daily occurrence especially on aspects of economy dealing with negative gearing and tax. Apparently 26% of investors who were happy with a policy in 2016 now might decide they dislike it enough to change their vote even though the changes would be grandfathered and thus would not affect them. The policy has now been in place for more than three years, so you would expect that voters' feeling are quite baked into their voting choices. Fear and logic do not make for good bedfellows.
(news.financializer.com). As
reported in the news.
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