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17/04/15

21:58

Post #: 15109829
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Originally posted by moondoong ↑

Negative gearing will naturally self correct when the impending property crash ensures that recent purchases never get back to break even let alone make a capital gain.

Landlords will be stuck with tens or hundreds of thousands of losses, with no capital gain to offset against.

Entire suburbs will be laid waste by vandals and squatters.........

The property crash is going to turn Australia into a Mad Max nightmare scenario.

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It's not far now, only 8 months to the embarrassing Armageddon that will never happen.

Fools paradise, and the very weak will move offshore.
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