negative gearing rorting the guts out of oz, page-14

Nice rant Longnow - as long as incentives are there it is a business with business deductions.

Many who ng ed are now paying tax.

Allows owners to repair / upgrade and provide housing at a good standard.

Whether old or new it still is accommodation for the poorer to be able to rent. If in the hands of the govt it would be more expensive and a disaster zone.

Be careful you do not get caught up in the hype. Negative Gearing is one side of the equation with real estate. Countless landlords pay tax. NG goes rents WILL rise to offset the deductions forfeited - guaranteed.Removal been tried, failes and will happen again.You guys are being softened up to pay more rent. Why ? Because the landlord can.