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Property investors want their own version of JobKeeper coronavirus stimulus, page-181

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08/04/20

12:53

Post #: 43949182
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Originally posted by TillLindemann ↑

I'm not saying plan for a pandemic, I'm saying plan for having a period where you don't have a tenant. For a long term investment like real estate, that is more than reasonable.

And let me guess, you don't have anything to redraw, because you were making the bare minimum repayments so you could claim a tax loss? That's not fault of the government, or the bank, or the taxpayer. It's your fault for taking a risky strategy and assuming 'she'll be right' for 30 years to come.

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What’s the difference? Stock market investment, esp on the penny end, also experiencing a period where the stocks collapsed & stay down on bottom end for years/decade... never have a chance of breaking even again, ever... & no divvy whatsoever. Many suspended forever.

At least Brick & mortar you can touch it & live in it...
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