If anyone knows anything about the real estate market or not. This is common sense.
Too many people are envious because they have not learned how to budget and become an investor, or buy their own homes. Of course, many disabled and very low paid people, I would not include in this scenario.
If Albasleezie tries to cut the few benefits which encourage investors. Most would be running for the hills and selling up in huge numbers. There will be so many more homeless people.
Perhaps people who whinge about negative gearing and other tax allowances. Should ask themselves an honest question.
Who would invest their hard earned money into housing, when I will almost certainly, lose a great deal of money?
Mmmm no one.
It has been proposed before and it failed dismally. Stop knocking property investors, because believe me, if they sell up, there is nobody who will provide homes for tenants.
