Hobart short-stay owners’ property portfolios dwarf average household wealth: report
ABC NEWS (Australia)
2023-06-30
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A report by the Tenants Union of Tasmania has found short-stay owners in Hobart have property portfolios worth almost double the average Australian household’s wealth. The union wants the federal government to rethink its stance on negative gearing and capital gains tax concessions, so homes are not wealth creation vehicles.
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