I doubt it, for example 4000 net loss is worth 1200 tax refund at the .30 rate, 1600 at the .40 rate, and 1800 at the top rate..........the tax thresholds have moved,,,,,,,,are those tax refunds a huge incentive ????? not to me
govt stopped building public housing ages ago...........now who here would like to live in one of those boxes??? the little refund available is supposed to be an incentive to provide houses for all the renters out there..............
ages ago when the top tax rate hit in at about 50,000, then 75000,,,,,,,,for .49 it was an incentive to neg gear property............
use the same principle for stock trading and investing.........take away the neg gearing, and see how many are still standing.............
my thoughts are if neg gearing were abolished, there might be some who 'hang by the thread of their pants types' who would sell and get out.......and a little flush of houses on the markets, things would settle down after a while, less investors means less houses available and supply tightens, what happens when supply is tight ???? prices rise........
sorry, yawn, lets talk again in 2-3 years time, see how we have fared
cheers
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