…
Matt Lloyd-Cape, director of the Centre for Equitable Housing at public policy thinktank Per Capita, says the system now pits would-be homeowners against investors.
“We are protecting people already in the market – incumbents – and giving them tax breaks and encouraging them to take on more debt by becoming investors,” says Lloyd-Cape.
“This sets up competition between investors and first home buyers, which doesn’t help the situation.”
…