The major parties have created a housing system that works for already wealthy investors and the banks - not first home buyers.
A new report from KPMG has predicted Brisbane house prices will rise by 20% over the next two years.
This surge - the result of Labor's dodgy 5% deposit scheme, property speculators and lack of supply - will put owning a home even further out of reach for many.
Yet the major parties continue to give $180B+ in tax handouts to already wealthy investors, helping them continue driving up prices.
It shouldn't be easier to buy your tenth house than your first. It's time we ended these tax handouts for investors and actually invested in building public and affordable housing.
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