The Budget Just Changed Everything for Property Investors. Except Us. Negative gearing on existing property? Restricted from 1 July 2027. The 50% CGT discount? Replaced. But here is the part most people missed: new builds keep everything. Negative gearing. Full depreciation. And a CGT choice that no other asset class gets. Purpose-built co-living is a new build. It generates over $185,000 a year in gross rental income from a single site. It was never dependent on negative gearing to deliver strong returns. We wrote the full breakdown. No form. No pitch. Just the analysis. https://emeroominghouses.com/post/NegativeGearingIsDying
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