The Boomer landlords: the charts that show how the over-60s control the rental market
Older Australians, particularly those over 60, have significantly increased their ownership of rental properties over the past two decades, while younger investors have been increasingly priced out of the market. Taxation data shows a dramatic shift in landlord demographics since the late 1990s, coinciding with rising property prices and changes to capital gains tax. With the government preparing to reform capital gains tax and negative gearing, the data highlights growing concentration of investment property ownership among older, wealthier individuals.
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