Tonight's Q&A is about housing affordability. So I am agnostic about this.
I assume that they argue that if they stop me owning more than 3 (residential) properties, it frees up more into the pool for first home buyers ?
Does that then shrink the pool for those that rent ? That group who don't have 10-20% of the Sydney property market saved ? Do we assume wrongly that everyone wants to or can afford to own a home ?
Does it solve one problem, only to create another ?
Is the assumption here that the investment properties I own are all "affordable" ?
Isn't the solution to the rental and first home buyer markets just a supply issue ?