Does independent MP Kate Chaney think high property prices is impacting Australia’s productivity?

She tells the ABC:

…We have all this wealth tied up in the country in a non-productive asset, when that money could be going in to supporting businesses to innovate.

So, it’s definitely a factor in the productivity debate. And also just on intergenerational fairness. So, I would love to see a whole range of changes on housing, including changes to our tax system around negative gearing and capital gains tax, which are seen as being politically unpalatable. But I think there’s a much higher appetite for change in those areas in my community than government might expect