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Tax breaks for investors unfair but there’s no quick fix, housing affordability boss says

Susan Lloyd-Hurwitz says the best that can be hoped for is that prices stabilise and don’t grow in excess of wage growthFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastGenerous tax breaks for property investors are leading to “deeply inequitable” outcomes, the chair of the government’s National Housing Supply and Affordability Council (NHSAC) has warned.Susan Lloyd-Hurwitz, a former chief executive of property developer Mirvac, said there was no easy or quick fix to Australia’s housing crisis. Continue reading...

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