http://www.theaustralian.com.au/news/executive-lifestyle/changing-gears-may-see-family-going-backwards/story-fn6njxlr-1226054855109
"AMY and Wes Rogers are 32-year-old parents of two young boys and the owners of four investment properties, one of which they are selling because they are frightened the government may abandon negative gearing on investment properties."
"We're not sure what to do now. We're worried about this negative gearing talk and if there are changes we'll be in real trouble."
And they can't sell it :
"But the market is working against the Rogers. The house has been on the market for more than 180 days and, although there have been many viewers, there have been no real offers and the agent has already persuaded them to drop the price by $20,000 to $290,000."
"And now they want us to drop it by another $35,000," she says.
Looks like the market is crumbling around them.
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