Joshua ByrdThe reason that cutting the CGT discount will lead to a big increase in supply of homes for owner occupiers is not that it will make builders build faster, but because it will make hundreds of thousands of property speculators decide they don’t want to hang on to so many houses. https://thepoint.com.au/opinions/260312-australia-actually-has-more-than-enough-houses-theyre-just-owned-by-investors
sortius 
@phocks the problem is, no one wants their home losing value, which is such a bullshit thing. Anyone buying a home while CGT discounts and negative gearing is king will always have bought at "the wrong time", purely because of how overheated our property market is.
I still remember the mantra as a kid "safe as bricks and mortar", and we need to maybe end this myth. It's a home, not an investment. If it goes down in value, who cares, so do cars, computers, and everything else in life