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Translation of your ridiculous idea, you want the likes of me to...

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wotsup

27,682 Posts.

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01/05/25

11:03

Post #: 78876590
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Originally posted by boomanddoom: ↑

Negative gearing can't go as it will drive up rent, which will drive up CPI/interest rates.
Alternatively, acknowledging that home ownership may no longer be an option for some, making rent tax deductible (up to a certain amount) for anyone who has never purchased a house could work? Would need to be accompanied by major build to rent supply increases first.

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Translation of your ridiculous idea, you want the likes of me to start contributing to help tom dick and harry, pay for their rent, hmmm.
We are already doing that in numerous ways, and you want more, goodness me.
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