Greens’ plan to axe tax concessions would see house prices fall, Max Chandler-Mather says

An aerial image shows houses located in the Sydney suburb of Matraville. Max Chandler Mather says a 2.5% drop in house prices would be ‘not much’ and allow renters to get into the market. Photograph: Sam Mooy/AAP

The Greens plan to reduce house prices through their demands to axe tax concessions for investors to make buying more affordable for renters, the party’s housing spokesperson, Max Chandler-Mather, has said.

In an episode of the Guardian’s Australian Politics podcast, to be released on Saturday, Chandler-Mather argues projected price reductions in the order of 2.5% are “not much” and preventing further rises of 10 or 20% would be desirable.