Why NSW is skewing its tax system toward build-to-rent apartments and away from mum and pop landlords
- Written by Harry Scheule, Professor, Finance, UTS Business School, University of Technology Sydney
In an apparent about face, the NSW government has halved land tax for developers of build-to-rent housing.
It came weeks after the the Treasurer Dominic Perrottet launched a report that called for a greater reliance on land tax as a replacement for stamp duty.
The greater reliance on land tax is a long-term goal. At the moment family homes are...