Property Market Re-Stimulated Post-Election
After the federal election, the property market is beginning to see the light at the end of the tunnel.
Buyers and sellers are regaining confidence in the market, now having more certainty in proposed policy changes, particularly with the ALP's reforms to negative gearing and capital gains tax definitively off the table.
Economists say it is generally likely for markets to pick up post-election, as buyers have less ambiguity on housing policy and are more willing to commit to purchasing property.
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