adelaide 51% clearance rate, page-45

"problem here is that UT has declared his properties positively geared !"

And they basically are bar depreciation.

"(and now the rent is not covering it ????)"

Clearly you can't read - in the $150k example the rent won't cover it fully!

"and...in 30 years (or it might be 29 now) they will be his !"

I will be laughing all the way to the bank by then. I will own multiple properties with all the income streams they provide for a nice comfortable retirement!