Merimbula Letters to the Editor, May 8

May 8 2019 - 7:30am

Trickle down economics?

Fiona Kotvojs really has summed up the situation very well in her response to the Anglicare report on affordable housing in Australia: negative gearing allows one person to own 10 homes while 10 people cannot afford to own even one home. But if you were to try to reform that system to make things more equitable, that one home owner will increase the rent on their 10 homes and make housing for people on low incomes even harder to find!

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