REIA Criticises AHURI Housing Report, Likening Suggestions to Treating a Headache With a Hammer
In responding to the Australian Housing and Urban Research Institute (AHURI) and Brotherhood of St Laurence Tax Expenditures &Housing Report, the Real Estate Institute of Australia (REIA) says that the research fails to address the problem of housing supply.
“This report does not deal with housing supply and assumes that by addressing the demand side that this will solve the problem for many aspiring home buyers,” said REIA President, Mr David Airey.
“You cannot penalise current home owners by adding Capital Gains Tax (CGT) or Land Tax to solve the problem of a lack of supply,” continued Mr Airey.
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