
Radicalized Real Estate Agents and the Rise and Resilience of the Australian Policy for Real Estate Carry
John S. F. Wright(Author)
Routledge (Publisher)
1st Edition
Published on 21. August 2025
Book
Hardback
212 pages
978-1-041-03145-1 (ISBN)
Description
This is a book about policy change that focusses on a single case study: the rise and resilience of the Australian policy for Real Estate Carry.
The text tracks investments of meaning and identity in the Australian policies for Negative Gearing (1987) and the Capital Gains Tax Discount (1999), through which successive federal governments inadvertently created scope for a dangerous and inefficient Real Estate Carry Trade in the housing sector that has proven resilient to reform for a quarter century. Considering that Carry Trades inevitably create the conditions for their own collapse, the historical failure of Australian governments to achieve policy change is a serious issue for the country going forward. As they attempt to make their housing sector more stable, sustainable and equitable, Australian people may need to prepare for potentially dramatic changes to their economic and monetary system. The book also raises important implications for understanding the nature and workings of policy change in Australian politics and beyond. It is a valuable resource for scholars and students of political theory, public policy and Australian politics as well as policy practitioners, third sector groups and political parties interested in Australian and international housing policy.
The text tracks investments of meaning and identity in the Australian policies for Negative Gearing (1987) and the Capital Gains Tax Discount (1999), through which successive federal governments inadvertently created scope for a dangerous and inefficient Real Estate Carry Trade in the housing sector that has proven resilient to reform for a quarter century. Considering that Carry Trades inevitably create the conditions for their own collapse, the historical failure of Australian governments to achieve policy change is a serious issue for the country going forward. As they attempt to make their housing sector more stable, sustainable and equitable, Australian people may need to prepare for potentially dramatic changes to their economic and monetary system. The book also raises important implications for understanding the nature and workings of policy change in Australian politics and beyond. It is a valuable resource for scholars and students of political theory, public policy and Australian politics as well as policy practitioners, third sector groups and political parties interested in Australian and international housing policy.
More details
Series
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Professional and scholarly
Academic and Postgraduate
Dimensions
Height: 240 mm
Width: 161 mm
Thickness: 17 mm
Weight
505 gr
ISBN-13
978-1-041-03145-1 (9781041031451)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

John S. F. Wright
Radicalized Real Estate Agents and the Rise and Resilience of the Australian Policy for Real Estate Carry
E-Book
08/2025
Routledge
€60.99
Available for download

John S. F. Wright
Radicalized Real Estate Agents and the Rise and Resilience of the Australian Policy for Real Estate Carry
E-Book
08/2025
Routledge
€60.99
Available for download
Person
John S. F. Wright is an Associate Professor at the Institute for Public Policy and Governance, University of Technology Sydney, Australia.
Content
Introduction
1. What is Policy Change and the Failure to Achieve it?
2. The Dislocatory Movement and Means for Clarifying Identity and Meaning in Policy Regimes
3. The Tax Reform Period (1984-1987)
4. The Capital Gains Period (1996-2007)
5. The Policy Reform Period (2015-2019)
6. The Simulated Reform Period (2019-2024)
Conclusion
1. What is Policy Change and the Failure to Achieve it?
2. The Dislocatory Movement and Means for Clarifying Identity and Meaning in Policy Regimes
3. The Tax Reform Period (1984-1987)
4. The Capital Gains Period (1996-2007)
5. The Policy Reform Period (2015-2019)
6. The Simulated Reform Period (2019-2024)
Conclusion