A episode of Monday 16 March 2015 Intergenerational Wealth and Health (link below Show more Watch the ABC Q&A episode of Monday 16 March 2015 Intergenerational Wealth and Health (link below).
Use the navigation panel on the right hand side to jump to the discussion on Super House Buying. Keep watching until minute 34:53 (Negative Gearing question). When discussing the effect of letting people use superannuation to buy houses Chris Bowen uses an example of someone now having an extra $30000 available and going to an auction. What level of supply elasticity is implicit in Chris Bowens analysis of the effect of the policy? (ends at minute 35:31) A. Perfectly inelastic B. Unitary elastic C. Perfectly elastic http://www.abc.net.au/tv/qanda/txt/s4181085.htm Show less
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