overwhelming support to axe negative gearing, page-127

  1. 38,170 Posts.
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    Hey Tangent ,

    I'm interested in the general discussion about ng . I don't lean one way or another on it at this stage .

    What I find amusing is all the keyboard experts on here who think they have a solution and make lots of outlandish statements when really , they have no idea.

    Btw , I don't have the answer either but I'd like to see all aspects discussed with no bias.

    I'm all for tax reform and I'd like to see housing be more affordable .

    As far as public housing goes , it has proven around the world to be problematic and expensive . Yes , maybe it should exist for a very small part of the community but otherwise , we should let the market sort it out rather than expect the government to manage it .

    The human factor suggests that some people will always rent , either by choice or because they are hopeless with money . Employment opportunities and services mean that people will gravitate to cities thus pushing up demand . It also suggests that some people are willing to invest for their future with spare cash while others will spend it on ' lifestyle '.

    Fixing the property issue is far more complex than just stopping ng . Pity we couldn't have a more civil discussion about it rather than the bitchfest that it has become .

 
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