Another government bubble protecting decision.
So it is fine to claim tax breaks when buying property negatively geared as you are helping inflate house prices. The government likes you taking out massive loans and wants to reward you for propping up the bubble with tax breaks.
But if you are helping housing supply which would help deflate property prices thus helping those who need it most, then it is ruled against?? Can it be any more obvious?
- Forums
- Property
- the govnuts new housing scheme falling over
the govnuts new housing scheme falling over, page-4
Featured News
Featured News
The Watchlist
P.HOTC
HotCopper
Frazer Bourchier, Director, President and CEO
Frazer Bourchier
Director, President and CEO
SPONSORED BY The Market Online