# #372: The New-Build Negative Gearing Trap - Why a Higher Rent and Bigger Tax Deduction Don't Always Add Up to a Better Investment Page: https://stenobird.com/podcast/the-property-trio-formerly-the-property-planner-buyer-and-professor-1182693/372-the-new-build-negative-gearing-trap-why-a-higher-rent-and-bigger-tax-deduction-don-t-always-add-up-to-a-better-investment Text version: https://stenobird.com/podcast/the-property-trio-formerly-the-property-planner-buyer-and-professor-1182693/372-the-new-build-negative-gearing-trap-why-a-higher-rent-and-bigger-tax-deduction-don-t-always-add-up-to-a-better-investment.md Podcast: [The Property Trio (formerly The Property Planner, Buyer and Professor)](https://stenobird.com/podcast/the-property-trio-formerly-the-property-planner-buyer-and-professor-1182693) Published: 2026-07-27T11:14:36+00:00 Episode link: https://www.propertytrio.com.au/2026/07/27/the-new-build-negative-gearing-trap/ Audio file: https://api.spreaker.com/download/episode/73191200/pt_ep_372_the_new_build_negative_gearing_trap_why_a_higher_rent_and_bigger_tax_deduction_don_t_always_add_up_to_a_better_investment.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-property-trio-formerly-the-property-planner-buyer-and-professor-1182693/episodes/372-the-new-build-negative-gearing-trap-why-a-higher-rent-and-bigger-tax-deduction-don-t-always-add-up-to-a-better-investment Duration seconds: 3122 ## Resource Australia's proposed negative gearing changes are designed to encourage investment in new housing, but could there be unintended consequences for renters? In this episode, The Property Trio explores exclusive research from MCG Quantity Surveyors and Suburbtrends, analysing more than 180,000 rental listings to uncover the true cost of brand-new housing. The trio discuss why new properties command higher rents, how the findings vary across Australia's capital cities, and what this means for investors weighing tax benefits against long-term performance. It's a balanced, data-driven conversation about housing affordability, rental supply and making smarter property decisions in a changing policy landscape. The Property Trio is: David Johnston, Mortgage Broker - Managing Director of Property Planning Australia https://propertyplanning.com.au/ Cate Bakos, Buyers Advocate - Managing Director of Cate Bakos Property https://www.catebakos.com.au/ Mike Mortlock, Quantity Surveyor - Managing Director of MCG Quantity Surveyors https://www.mcgqs.com.au/ 📩 Got a question you want answered in a future episode? Send it through https://www.propertytrio.com.au/contact-us/ Shownotes: https://www.propertytrio.com.au/2026/07/27/the-new-build-negative-gearing-trap/ ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-property-trio-formerly-the-property-planner-buyer-and-professor-1182693/episodes/372-the-new-build-negative-gearing-trap-why-a-higher-rent-and-bigger-tax-deduction-don-t-always-add-up-to-a-better-investment/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-property-trio-formerly-the-property-planner-buyer-and-professor-1182693/372-the-new-build-negative-gearing-trap-why-a-higher-rent-and-bigger-tax-deduction-don-t-always-add-up-to-a-better-investment.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.