if you loose Michael West…..AND the Australian supporting negative gearing……it becomes a matter of time before it’s a bi-partisan policy to scrap it
freswrijg on
Joke article that uses a PBO budget analysis, aka the only thing they analyse is how much something would cost if it exists or it doesn’t, the most basic of analyses.
woofydb on
I think the most clear proof that neg gearing is pushing up prices is Vic. A relatively tiny tax was introduced and suddenly it’s gone from number 2 and growing in median house prices to the bottom. Says everything right there.
SoggyNegotiation7412 on
why so much talk about negative gearing when it has been active from the 1930s so pre-dates the price rises (and has nothing to do with it). The problem has always been the way capital gains taxes have been applied to the sale of properties that were changed in 2000, any graph will show you the change in capital gains triggered a massive leap in prices.
5 Comments
Just do whatever to lower house prices.Â
And fuck investorsÂ
if you loose Michael West…..AND the Australian supporting negative gearing……it becomes a matter of time before it’s a bi-partisan policy to scrap it
Joke article that uses a PBO budget analysis, aka the only thing they analyse is how much something would cost if it exists or it doesn’t, the most basic of analyses.
I think the most clear proof that neg gearing is pushing up prices is Vic. A relatively tiny tax was introduced and suddenly it’s gone from number 2 and growing in median house prices to the bottom. Says everything right there.
why so much talk about negative gearing when it has been active from the 1930s so pre-dates the price rises (and has nothing to do with it). The problem has always been the way capital gains taxes have been applied to the sale of properties that were changed in 2000, any graph will show you the change in capital gains triggered a massive leap in prices.