The point of negative gearing is to encourage investments in rental accommodation so renters have somewhere to live. It doesn't matter whether the home is new or old. Besides which in the majority of cases why would an investor want to provide a new home to tenants? As new homes are generally more expensive and you don't get that much better rental return. The only thing new homes have is you have more depreciation deductions and in theory less maintenance costs in the early years.
- Forums
- Property
- the govnuts new housing scheme falling over
the govnuts new housing scheme falling over, page-8
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online