negative gearing on the way out, page-7

  1. 3,091 Posts.
    Rawbaws, it is these "allowable deductions" that need to be reviewed because at the moment the taxpayer is footing a $3 billion dollar annual bill to support investment in rental accommodation that is not affordable which was the original intent of the legislation.

    The fact that investors are able to claim deductions such as gearing and depreciation that owner occupiers can not means that investors can pay more for property which creates affordability.

    It may be legal but is it inherently fair?
 
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