Govt could give the tax benefit back to the home owner - make personal residence mortgage a tax deduction and tighten this stupid lending and access to easy equity. We all have been conditioned to expect the best and want it now...wrong
Landlord's will be forced to up rents if negative gearing is dumped so they can pick up the slack..or worse
the realestate investment industry will end due to lack of interest. Big problem coming is the sell off of rentals to dump into super...The govt housing list is years long
where do people live in the interim of buying their own home. No easy answer but we are living in great place while we wait for one.
Landlord,
That aims to keep rent down to hold good tenants,....they are looking after your assests
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