
In fairness, having dealt with politicians for years, many are hard-working and well intended. Many will vote for the things which are in the public interest, although it may cost them a few pennies.
When it comes to the sacred cow of property, however, it is hard to see real reform because more than 60% of Australians own their own home. So, there is no money in it, and there are no votes in it, and voting against the interests of most of one’s peers makes the whole damn thing harder, as does the reality of voting with the party line. Imagine a politician taking a policy to the party which would affect the personal finances of so many of their peers.
Our elected representatives own a lot of investment properties, 297 which are declared. How does that impact on their decision making?
Source: Sacred Cow: are politicians’ many houses an impediment to property, rental reform? – Michael West






