Talking generally about the market - yet you some how twist it around in your pea brain that this is about my investment specifically
Those comments show you have NO idea about what you speak & your assumptions about my investments are so far of being close to on the money.
I hope you don't charge for advice when given such a sliver of information.
Your "IMO" does not exonerate you from a piss poor perspective & only demonstrates your lack of being able to grasp the issue at hand
FYI - I have a number of (debt free) & couple of positively geared properties (all in capital cities).
Thanks to tenants maying off my mortgages & significant capaitl gains over the last 3 decades.. I dont make the rules, just play within them.
(Image if you bought inner Sydney (Mosman for example ) for say $800k, with Harbour views..What is that property worth today??? Again...next to NO debt on my properties. They pay their way.
"This cost is layed at your feet, did you include in the rental lease with the tenant that "if the price of my property goes up, that you the tenant will be required to pick up the cost of the land tax"
Again, you must have a very poor business acumen to even think this is the argument or the point
I will counter with ... doesn't have to be - but I can bet my bottom dollar that as costs rise, rental will be increased to accommodate. ,,,and tenats what land lords to absord all cost increases - I dont think so..
..Again - you are NOT entitled to live where you want at a discounted price. The world DOES NOT owe you this
Some home work for you..What was the land tax say in QLD (for the exercise) in the 1990's, (just the rate & the thresholds), compared to today.
If you cant answer that I am not going to waste my time further.
) for say $800k, with Harbour views..What is that property worth today??? Again...next to NO debt on my properties. They pay their way.
