A house should be a home, not something for wealthy investors to profit from. Every person should have the right to a safe, secure home.
The housing affordability crisis has well and truly hit Wollongong, with many homes now costing over a million dollars and out of reach of people on ordinary incomes.
We need to scrap unfair tax breaks like negative gearing and capital gains tax - that benefit investors at the expense of home owners.
Reforming two of our most unfair tax breaks will create a fairer society and housing market for all.