The New Build Trap: A Tax Dodge or a Wealth Killer? The Australian government's latest budget measures have sent shockwaves through the property market.
One of the most significant changes is the abolition of negative gearing for existing properties, with new builds being the sole exception. This has investors scrambling to adapt.
Research by Get Rare Properties suggests that investors who opt for new builds could be leaving a whopping $592,000 on the table over 20 years.