Real Estate & Home

ATO data reveals where negative gearing reforms will hurt most

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Analysis of ATO data indicates that upcoming changes to negative gearing rules will disproportionately impact tenants in Western Sydney, particularly in areas like The Ponds and Schofields, where many investors rely on the tax benefit to offset losses. This shift is concerning for the real estate market because it's already leading to a decline in property investment activity and a shrinking supply of rental homes. Consequently, renters can anticipate increased rental prices as fewer investors enter or remain in the market.

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