Context

Australia is currently battling some of the most expensive housing markets in the world, leading officials to debate whether scrapping tax incentives for investors will finally make homes affordable for regular citizens. This raises an interesting question about whether government tax policies are the main driver of property prices or if other economic factors are at play. Given the skyrocketing rent and property costs in major Nigerian cities like Lagos and Abuja, do you think Nigeria should look into adjusting tax breaks for real estate investors, or would that just stifle growth in the sector?