Today in The Australian
Did you realise “investors now account for more than half of new loans for housing, up from 29 per cent two decades ago”?
You would if you had read Hot Property, the Grattan Institute’s latest call to scrap negative gearing and increase capital gains taxes. Except that it isn’t true. Indeed, the statistical series the report cites as its source shows 35.8 per cent of new housing loans went to investors in February 2016.