home buyer grants distort the market, page-3

  1. 18,870 Posts.
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    There is ABSOLUTELY NOTHING wrong with negative gearing, the thing that is wrong is how capital gains tax is applied. Rather than getting a 50% reduction in capital gains after 12 months it should be geared towards the longer you hold the asset the less capital gains you pay - this would reduce the flipping mentality/speculation that you guys cry about.
 
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