Quote Originally Posted by GTM 3442 View Post
Out of idle curiosity, why are so many people so certain that the tax system is the best tool for solving the current housing crisis?
It isn't but the the tax system isn't right either.
CGT won't drop the house prices - may do as a one off but then off they go again.
Even with a CGT residential leveraged property investment is still the best game in town to grow your capital base (for the average punter).