The recent housing and tax reforms announced in Australia's federal budget have elicited mixed reactions from Asian Australians. Many express apprehension about the potential for rising rental costs despite the government's intention to lower them. Rosa Dhayan, a master's student from Indonesia, shares her concerns about the impact of these reforms on her already strained housing situation in Mount Gravatt, Brisbane. The government aims to assist more individuals in becoming homeowners by limiting negative gearing and scrapping the capital gains tax (CGT) discount for long-term investments. Zilong Qiao, an entrepreneur from China, supports these changes despite potential financial losses from selling his investment property, emphasizing the need for affordable housing. Conversely, Mary Sunarho, a property investor from Indonesia, believes the reforms may not significantly affect her investments. Others, like Rico Halim, plan to continue investing in properties, particularly in regional areas, while acknowledging the reforms' potential to impact rental prices. Overall, the reforms are seen as a step towards addressing intergenerational housing inequality, but concerns about their effectiveness and impact on the rental market persist.