Housing Legislation needs to include measures to offset supply loss
Government housing legislation should include measures to compensate for reduced housing supply expected from negative gearing changes, according to industry concerns about construction pipeline impacts.
Will negative gearing changes reduce housing construction work?
Builders and carpenters may see fewer residential projects if housing supply drops, directly affecting workload and job security in the construction sector.
Key takeaways
- Negative gearing changes are expected to reduce overall housing supply
- Industry calls for offsetting measures in government housing legislation
- Construction sector may face reduced residential project pipeline
- Policy changes could impact builder workloads and employment
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