home truths : aussie property heading for apocalyptic fall, page-50

  1. 18,864 Posts.
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    "Lobbing and threatening a government to implement or keep an avenue of income tax avoidance open"

    What a load of crap - there is ZERO tax avoidance doing NG.

    "Your comment on wealth, well it depends on what you consider wealth as being..if wealth has not been realised and is just in your mind (i.e. my house is now worth $1m because the same house next door just sold for that), then did it really 'exist' to be distroyed in the first place?.."

    Yes the wealth did exist (maybe not to the extent you believed it was) and it is irrelevant whether you sell or not as that is merely the transfer of wealth from one vehicle to another. In reality with the exeception of tangible goods in your own personal possession all wealth is kinda illusionary anyway.
 
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