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35k less homes built under tax reform

<p>INVESTMENT SHIFT: While the tax changes are aimed at helping first-home buyers, internal Treasury modelling acknowledges they will result in 35,000 fewer homes being built across the private market over the next decade. PHOTO: Phillip Wittke/AdobeStock</p>\\n
<p>INVESTMENT SHIFT: While the tax changes are aimed at helping first-home buyers, internal Treasury modelling acknowledges they will result in 35,000 fewer homes being built across the private market over the next decade. PHOTO: Phillip Wittke/AdobeStock</p>\\n

INVESTMENT SHIFT: While the tax changes are aimed at helping first-home buyers, internal Treasury modelling acknowledges they will result in 35,000 fewer homes being built across the private market over the next decade. PHOTO: Phillip Wittke/AdobeStock

Tax reforms aimed at reallocating existing housing stock, not building homes.

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