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theconversation.comLena and Linly, both 31, purchased a two-bedroom flat in Ashfield for $922,000 after it passed in below a $950,000 reserve. The sale occurred without investor competition amid falling auction clearance rates.
The federal government will limit negative gearing to new builds and reduce the capital gains tax concession as part of measures aimed at improving housing affordability for first home buyers. Queensland has experienced rapid home value growth and a widening gap between investors…