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Last time it didnt last long enough to count. Rents only marginally rose in Sydney...Anecdotally Sydney was a rising market prior to announcement anyway. The factor that pushed the market UP last time (Almost 30 yrs ago) was the introduction of capital gains on property which occurred as a...

Good point Mike.

So its finally leaked. Neg gearing "may" be limited to new housing. Retrospective or from budget night? Who wants to predict what effect this could have on existing / old homes, units, factories etc. Which taxpayers stand to win / lose. What might this do to prices, rents ?? I would...