Australian Politics

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How many properties do politicians own? A public register provides the answer (www.abc.net.au)

submitted 4 weeks ago by [email protected] to c/[email protected]

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Ever wonder why Parliament is more interested in the rights of landlords than in fixing housing affordability.

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[–] [email protected] 2 points 4 weeks ago

Sensible people have been suggesting that investing in real estate needs to be less attractive for decades. F***ing Paul Keeting tried to end negative gearing in the 80s. Millionaires didn't like it to the degree that it might've swung a couple of marginal seats and it probably didn't help that Hawke had a few investment properties himself.

When the only people with political power would lose out from sensible policy then it doesn't happen.

Let's all agree to stop calling our system a democracy.