najaf...some posters dont bother with the facts...just a loose approach or hearsay seems to suffice
capital gains tax laws were introduced in 1985...and as you state correctly, an investment property is no different to any other asset that falls under that tax regime...
on the question about a bubble....its not as if all melbourne suburbs are suffering from the huge rises in prices.....only some in the very inner suburbs.....
there are thousands of affordable houses in the outer suburbs
