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mainholm

2,804 Posts.

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11/08/23

09:52

Post #: 69283863
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Originally posted by blueballs: ↑

I know what pty ltd is… it’s what the majority of businesses are run as.. it’s what I run mine as

So the majority of people who have businesses can’t offset property losses against business earnings….Speculating on property shouldnt be classed as running a business and losses shouldn’t be deductable against income. All it does is skew the market so the fundamentals are out of whack making it harder for owner occupiers to enter the market and this is shown in current statistics that less of the population are home owners than what have been.

Do we want as many people to own their own home as possible or do we want a small % to own the majority of homes?

Which do you think is best for society boomer?

Sure there is greed in all generations but the boomers or generation me really have taken it to a new level and are in part role models for current generations

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I don't argue with fools.
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