Really? Does this article discuss the extent of capital gains that most of these investors are sitting on? In my mind profit includes capital gains...but that's only in my mind.
Furthermore, blind Freddy understands that you can claim loss's on paper including a construction write off and depreciation for fixtures and fittings, but in practical terms, not be contributing to the property from your own pocket. Still, I guess you'd actually have to be a property investor to realise this.
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Australian Property Investors Worst in World?, page-2
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