how much does a property bubble cost?, page-11

  1. 4,751 Posts.
    this is ridiculous, you say 15 billion over 10 years is a cost?

    thats the investment required for the government to gouge 150 billion plus in taxes from property owners over same period.

    warm and fuzzy now?

    2009 for example, the net tax windfall from all levels of government was 25billion AFTER neg gearing and AFTER grants.

    get some perspective man.
 
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