Better solution to suppress investors?, page-138

Neg Gearing - lets all get real, most of the people that can't get their own home, probably can't even still get one if house prices were even 3-400,000 so any change in N/G or increases in CGT will do little.

All the RBA's efforts in reducing rates did was - First effectively stole income from many struggling pensioners who were trying to be self funded and encouraged "even more" the young generations drive of thinking, that they are entitled to have in an instant, what mum & dad have taken their whole lives to achieve and borrowed more.
Hence if interest rates rise, sh.. will hit the fan.
If it does, will this help the average get into a home of their own - nope as they will now have more competition for job's which will no doubt be less in number etc due to the effects on the economy and competition from the ones trying to keep afloat.