u/Gloomy_Business_5846

A house in 2006 that was 450000 and is now worth 1m$ in innaloo, WA. IF you took the indexation method for the cost base it would be 750k after indexation. so you would paying tax on only 250k. Which is around the same as the 50% discount or maybe alittle more. Property is a long game, but shares and businesses change hands more often, may be due to investors, due to rebalance. So share holders wont get the 50% discount, but IP owners will, or atleast a high amount, through indexation. The ladder is bieng pulled up, while they claim its about generational equality.