Axing negative gearing would boost economy and home ownership, RBA conference paper finds

By Peter Martin
Updated January 13 2018 - 2:33pm, first published 2:21pm
RBA  080506 AFR PICTURE BY PETER BRAIG /   Generic, Reserve Bank of Australia, Interest Rates, Loans, Money, currency,  in sydney,  nsw, australia SPECIALX 060508
RBA 080506 AFR PICTURE BY PETER BRAIG / Generic, Reserve Bank of Australia, Interest Rates, Loans, Money, currency, in sydney, nsw, australia SPECIALX 060508
Generic Reserve Bank of Australia, RBA, central bank. Tuesday 29th April 2014 AFR photo Louie Douvis
Generic Reserve Bank of Australia, RBA, central bank. Tuesday 29th April 2014 AFR photo Louie Douvis

Axing negative gearing would lift home ownership to as much as 72.2 per cent of households, cut home prices by just 1.2 per cent and lift rents "only marginally", a study shown to the Reserve Bank of Australia has found.

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