Investors to swoop on property before Labor’s proposed negative gearing reforms

PHOTO: Critics say Labor’s proposed changes would cause house prices to tumble.

Would-be property investors are expected to rush to buy up real estate if Labor is elected at the federal election, in a bid to take advantage of grandfathered provisions in the proposed negative gearing reforms.

But this spike in investor activity would then subside, making way for a boost in sales to first-home buyers and owner-occupiers, economists say.

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