The Great Australian Property Swindle
Apr 3rd 2011, 8:04 pm
#872
Rhino with a big horn!
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Re: The Great Australian Property Swindle
Apr 5th 2011, 4:27 pm
#875
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Re: The Great Australian Property Swindle
Apr 6th 2011, 12:54 am
#876
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Re: The Great Australian Property Swindle
Apr 6th 2011, 1:06 am
#877
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Re: The Great Australian Property Swindle
Negative gearing can only be tackled post crash. I disagree that there would be less investment in housing without it. There would be a shock if it were removed at the wrong time but housing investment would be on a more sustainable basis without it.
Apr 6th 2011, 12:32 pm
#878
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Apr 6th 2011, 1:08 pm
#879
High in the Dandenongs
Joined: Apr 2003
Location: Listening to Puffing Billy
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Re: The Great Australian Property Swindle
Negative gearing will not end here, the unintended consquences would be quite horrific with a lot of families threatened with eviction. Unlike the UK the council housing system here is vitually non existant - the government uses negative gearing to get the private sector to provide affordable rentals, if you stop that the government would have to ramp up it's council house program almost overnight. This along with a complete crash of the housing market.
Apr 6th 2011, 1:09 pm
#880
High in the Dandenongs
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Apr 6th 2011, 11:17 pm
#881
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Re: The Great Australian Property Swindle
Negative gearing is a great success if you manage to get on the property market in the first place, as for rents, I often wonder how most people manage, both of us working full-time, two kids. I dont find the rent particularly cheap.
However the magnificient thing about it all becoming so expensive here, is hubby is grumbling like mad, and dropping comments about returning to the u.k, so pleas australia , let your rents, houseprices, cost of living continue to rise and i could have me fat arse back in Scotland soon!
However the magnificient thing about it all becoming so expensive here, is hubby is grumbling like mad, and dropping comments about returning to the u.k, so pleas australia , let your rents, houseprices, cost of living continue to rise and i could have me fat arse back in Scotland soon!
Last edited by Margaret3; Apr 6th 2011 at 11:20 pm.
Apr 6th 2011, 11:28 pm
#882
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Re: The Great Australian Property Swindle
Dont know how relevant this is, but i found it funny
http://www.youtube.com/watch?v=CroTA...layer_embedded
http://www.youtube.com/watch?v=CroTA...layer_embedded
Apr 6th 2011, 11:43 pm
#883
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Re: The Great Australian Property Swindle
Do you think super and property are the only things to invest money in?, if you are Australian then yes you probably do.
Apr 6th 2011, 11:51 pm
#884
Brain Drained
Joined: Aug 2003
Posts: 1,882
Re: The Great Australian Property Swindle
Were not Australian and we are well aware that there are many options for investment. Were happy with our choices but always keep our options open. That said property has been a fantastic investment to us throughout our lives as we have always added capital value and sold at a profit.