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Saturday, May 23, 2026
Rents will rise with or without property tax changes (Leithvo)
This interview with Phil O'Neil at Radio 2GB/4BC debunks claims that rents will soar following the federal budget's negative gearing and CGT changes. It also identifies the real culprit: mass migration.
The test of this idea that mass migration is driving the housing crisis comes from Canada where they fixed their housing problem by cutting immigration.
[Posted at the SpookyWeather2 blog, May 23, 2026.]
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