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Australian Property Investors Worst in World?, page-3

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374 Posts.

29/09/14

14:07

Post #: 14043499
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Originally posted by vertigo ↑

"The most recent data from the Australian Tax office shows 1.3 million taxpayers reported losses on investment property for the 2011-12 year, or about two-thirds of all those with an investment property."

Read more: http://www.smh.com.au/money/borrowi...ces-higher-20140925-10lr7r.html#ixzz3EeqqxE9O

Almost 70% of investors cant even make a profit?

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the whole point of buying property is to make a loss

#negativegearing works so well
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