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Investopoly · Nov 13, 2019 · 16m

Not more than 7 months ago, according to the media, investing in property was no longer a smart way to build wealth. Labor wanted to ban negative gearing, increase Capital Gains Tax (CGT), commentators were predicting that the market would crash by more than 20%, banks were tightening lending standards and so on. Since then, the world has returned back to ‘normal’ and most of these concerns have abated. According to the media, property is now a good investment again.But what if Labor had won?Of course, Labor losing the federal election in May 2019 did help the property market because it meant…