ERROL PARKER | Editor-at-large | Contact
The 151 MPs and 76 senators in Federal Parliament own a combined total of 237 properties around the country.
This includes their primary and ‘Canberra residences.’ It includes interests in 210 other properties including holiday homes, investment properties, or agricultural land.
That number includes the relatively modest number owned by the Prime Minister Anthony Albanese, who like every other lifelong public servant his age is a multimillionaire for no other reason than being born in the 60s.
Which is why when asked today by reporters in Melbourne, Mr Albanese said the government had no plans to make any changes to negative gearing. Negative gearing is touted as being one of the key drivers in the housing affordability crisis in Australia along with a myriad of other reasons such as foreign investment, lack of government investment, immigration, inheritance, and favorable tax policy.
‘No,’ said the Prime Minister.
‘There are no plans to make any changes to negative gearing policy. Why would anyone in government want to move the goalposts on themselves? If we make changes to negative gearing, that would hurt thousands of Australians who got honey-dicked by the Reserve Bank into investing in property. The thousands of Australians who got the property FOMO that was entirely driven by websites like Domain and Real Estate Dot Com, sponsored articles from developers and agents, saying things like if you miss out on buying now, you should bin yourself because you’re a worthless fucking loser who can’t even afford to buy a paper box above Hornsby train station, what hope do you have, cunt face?’
‘If every federal politician banded together to make lives better for everyday Australians, it would make life slightly worse for us, which is a concession that none of us are willing to make. If you think we, the chosen few, would make changes to negative gearing, as millionaire property investors, then you’re a fucking idiot.’
The reporter that asked the question just nodded and thanked the Prime Minister for his candid answer.
More to come.
