goodbye young aussie home ownership, page-104

  1. 39,009 Posts.
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    MF ,

    Not sure what you're on about ? There's no backflips here .

    Quite simply , you can't compare a business you work in to a passive investment such as property ( or shares for that matter ) as the business investment is totally dependant on your labor input . In your farming example , if you stop harvesting the fish , digging up the truffles , picking the mangoes and cutting the timber , what's going to happen ?

    Remove your labor from your business " investment " and what do you have ? Absolutely zip .

    I see that your property losses estimate has blown out as well. Now 30k pa ?

    For all those who are genuinely interested in property , on Inside Business this morning they had a bit of a discussion about Australian property . Both sides of the argument . Worth a watch imo.
 
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