I Was Quoted In The AFR!! Here's What I said... #smsf #investing #australia #shorts

By Scott Kuru

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If these SMSF changes wipe out a meaningful chunk of off the plan buyers, a lot of new apartment projects may never get funded or built. That matters because developers need pre-sales before banks will back construction. No pre-sales, no finance. No finance, no new supply. And if new supply gets hit in the middle of a housing shortage, how exactly are rents meant to come down and affordability meant to improve? We keep hearing that Australia’s housing crisis is a supply problem. If that is true, then any policy that makes it harder to get new housing built needs to be seriously questioned.

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