Yes, I do mean owner -occupier and land tax should be charged on a monthly basis and lifted when the economy is booming and lowered when thing isn't so good and only on properties over a certain value.
Stamp duty should not be removed as it is one of the only things stopping residential property investor from dominating the market even more so.
Government policy over many years is to blame for the state of the property, changes to the tax system are needed.
Yes, get rid of short stay housing, I hear that the Victorian government are tackling this issue and together with an increase in land tax it is having a down ward pressure on prices and bring more housing to the long term market for rent and sale in holiday locations.
The property investors on here seem to think that tenants have a never-ending supply of money, there is a point where there is no more money to squeeze.
Keep putting up the rent and you will have no tenants.
- Forums
- Property
- Capital Growth
Capital Growth, page-95
-
- There are more pages in this discussion • 115 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)