Australia's largest stock trading and investment forum Australia's #1 stock forum

Wow...lack of understanding...lol... not everyone. Is negative...

First 7 Last

Share
Profile

Follow
Go Hard

3,555 Posts.

17

26/08/20

08:17

Post #: 46817715
Share

Originally posted by Broote1975: ↑

How does it feel to be a residential property investor in Australia right now?

To know that you are the laughing stock of anyone who is properly financially literate?

To know that you are holding the worst performing asset in the country?

To know that high net worths mock you around their dinner table with chuckles & eye rolls whenever the topic of resi investing arises? (which it seldom does)

To realise that proper wealth can never be achieved through buying an asset which any member of the public can simply purchase for the same price?

To realise that negative gearing only works when house pricesare rising?

To realise that each & every year of negative cashflow must be totalled up, and then clawed back through an equivalent rise in house prices before you even break-even, let alone start actually making any money? Apologies if I lost most of you* on that one.*resi investors only

To realise that you have been totally brain-washed by acohesive and cunning industry which purposely operates to enrich their pockets,not yours?

To realise you were never smart and skilful, but only luckyfor a period of time?

To pick up the latest copy of the annual rich list and realise that not one single individual ever created their fortune through buying rental houses? Because what would they even know?

Expand

Wow...lack of understanding...lol... not everyone. Is negative gearing...!!!...what do you say to someone who's positive gearing...???...
7 Upvote

Reply

Top Stories

OSL

OncoSil wraps up recruitment for key pancreatic cancer trial

NMG

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

THL

Tourism Holdings says Liberation Day tariffs smashed US RV demand

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

KGD

Kula picks up unexplored niobium play in Malawi, with surface samples logged

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

Trump chides Powell as Goldman call for calm. The RBA must be nervous

AII

Inside the Depths of Panasqueira: A Legacy Carved in Rock

DMP

Is Domino's a steal after -25% plunge?

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike