henry and negative gearing, page-8

  1. 3,404 Posts.
    Ahhh thecook...if only it was that simple. You bulls really are deluded. First point is how do you get that $25k without selling? Equity mate? lol

    Next point is rising house prices are for the most part a fools gain---oh wow my house went up 5%....um but so did everybody elses, so in actual fact you made squat, if anything its cost you money if you want to upsize/move to a nicer area.

    The whole system is a joke built on greed and ignorance.

    I used to be pro property, but when you read constantly people saying that its an infallible investment, a sure fire way to riches and retirement bliss....well its time to run for the hills imho.
 
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