The ongoing housing crisis.

The ongoing housing crisis is ongoing because the political parties in parliament are continuing to ignore their part in the debacle. Firstly it is a fact that our parliamentarians of all sides have since the Second World War, politicised the issue. Nearly all of them have profited from the taxation structure installed in 1936 by the Lyons government.

Negative gearing has never been successful in its intent. It effectively became a capitalistic benefit and continues to be so. Unfortunately, our serving parliamentarians (of all sides) seem to find it too good to remove. The political parties could quite easily do so if they put their minds to the problem. Labor has tried, but never seriously and the Coalition hasn't even bothered to try. Just another reason to replace the political parties with a parliament full of independent members.

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