henry and negative gearing, page-5

  1. 2,801 Posts.
    Hawkers,

    If the cost of a median priced home goes up 5% a year, that's $25,000 a year the vendor gets to spend on purchasing big ticket items that keep this country ticking over.

    If you wanted to buy a big ticket item with 25 grand cash that you had to physically save from each weeks pay, you probably wouldn't spend it. Because its damn hard to save ask anyone.

    Make sense?
 
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