House prices falling might ease inflation, but politicians are stuck between helping first-time buyers and protecting existing homeowners—making clear policy nearly impossible. New tax reforms on negative gearing and capital gains are already chilling buyer enthusiasm, while the government insists it’s about fairness, not price targets. Voters are deeply divided: dreamers can’t afford homes, while owners see their property as wealth. Politicians dodge blame, using vague language to avoid angering either side, leaving housing policy stuck in limbo.
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