"Evverything in this world is a commodity my friend, including realestate/land. You cannot simply have one rule for some commodity's and another rule for others."
what a complete load of nonsense
apply that same "rule" to money and interest rates then
right now credit is in short supply (debt is in oversupply), so that would imply we need higher interest rates to encourage saving, so more money was available for lending, but the RBA and central banks around the world does the opposite. the money you earn from lending it out doesnt cover inflation and taxation. so how do they tackle this? ever more schemes to offload junk debt to the tax payer
also why not negative gearing for PPOR? they do that in other countries
