"For the first time ever , we have a generation that can't afford to buy a house. This has happened for two main reasons. We have state Govts that simply do not release enough land. Secondly , we have negative gearing AND a fifty percent tax break on capital gains for assets held for more than twelve months. "
Well looking at my 4 daughters I can see part of it is to do with the individual.
Two daughters studying and still able to save
The other two well tv dinners every night sky tv , trips to Rianna concerts computer games, really they don't deserve to get anywhere financially in life but I listen to how they say how hard done by they are and all their excuses and I have to sympathise with their plight because they have rejected the path to prosperity I mapped out for them.
All good girls love them heaps
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