THE GOVERNMENT-MADE PROPERTY SQUEEZE SUFFOCATING VICTORIA
Let’s not mince words. What is happening to Victoria’s property market right now is not some mysterious act of economic nature. It is the entirely predictable consequence of deliberate policy decisions made by Labor governments state and federal who have treated property owners, investor’s and aspiring homebuyers as little more than revenue lines in a budget spreadsheet.
With clearance rates holding but buyer confidence crumbling in key pockets, years of punitive policy against property owners is finally extracting its toll — and those who can least afford it are paying the price.
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