Tax changes spark house listings boom but fewer rentals (opens original article in a new tab)

Tax changes prompt property sales boom but reduce rental availability, with rental listings falling across major cities and economists warning of affordability risks.

• Investors are selling properties ahead of tax changes, causing a listings boom but fewer rentals
• Rental listings fell significantly in May, with Sydney down 1.5% and 9.8% annually
• Proposed tax changes limit negative gearing on new homes and reduce capital gains tax discounts