Rent It or Be Taxed: Albanese’s New Housing Solution?

During the Productivity Roundtable, the Albanese Government allowed a proposal to be discussed that many consider “monstrous.” The proposal involves forcing homeowners who have spare bedrooms to rent them out to new arrivals - or pay a tax if they don’t. The outcome appears to be that elderly Australians will vacate their homes and move into retirement facilities, thereby freeing up housing for others.

Young couples will also be a target. Those purchasing their first home with extra rooms intended for a family in the future may mean that they will be required to take in boarders or pay a tax—an added financial burden at a time when many are already stretched thin.

During Question Time, I asked Finance Minister Senator Gallagher to rule out this horrible idea. Unfortunately, she declined to do so.

As Margaret Thatcher once said, “Eventually, socialists run out of other people’s money.”

It seems the Albanese Government has taken that as a challenge.

Transcript: https://senroberts.com/rent-or-be-taxed