Housing shake up could change the market for first home buyers

S&P 500 reaches record high amid tech optimism, but investors wary of inflation and global uncertainties

Australia’s housing affordability crisis could be heading for a major shake-up, with proposed reforms targeting negative gearing and capital gains tax concessions.

The changes are designed to support first-home buyers and owner-occupiers who have struggled to break into the property market.

Matt Grudnoff from the Australia Institute joins Ticker to explain why current housing policies have failed to improve affordability over the past 25 years.

The discussion explores rising house prices, investor incentives and why some experts believe the property market has become more like a casino than a pathway to ownership.

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