Abbie Chatfield

So we've got a few listener questions about housing and negative gearing if we could go through them because I think that it's good to have, you know, the people be involved in this because normally I would go through and ask questions and stuff.

But I want to know what everyone – because, again, I think the big piece here is the way the media is presenting this and how social media is allowing – It's like a post-truth world.

Yes.

So it's like I just want to hear the realities of a few things.

Someone asked –

What does the 30% tax on inheritance mean and why are they introducing it now?

So we're not sure what it's even going to be, the 30% inheritance tax.

Next question is, will the changes to capital gains tax discount make any substantial changes to housing prices?

If so, when?

This person's obviously going, let's hurry up.

Well, this is the thing I was talking about on TikTok the other day, talking about the idea of a quote unquote housing crisis after the budget came out.

And I didn't want to say anything too controversial.

All I said was, guys, the housing crisis isn't a crisis to those who are wealthy and in power of your media.

Yeah.

So it's not going to be presented as a housing crisis.

It's not a crisis.

It's beneficial.

If you own property, particularly if you own it outright, if you don't have a mortgage and if you have 200 properties or you have, you know, a huge amount of wealth that's been hoarded,

It's not a crisis.

It's beneficial.