swan to cut property tax breaks, page-49

  1. 2,889 Posts.
    Lolz BB...

    No reason to include the rest of it... It was there for you and everyone else to go and read and make your own assumptions...

    I never stated I cared about neg gearing...

    I said the gov would be stupid to tinker with it...

    From your post

    It encourages over-investment in residential property

    Thats right... It encourages property investment that creates a rental property market...

    Saves the gov from financing and building it themselves..

    Sheesh you guys are thick as here...

    Agreably there is growing scepticsm of neg gearing and the fact that it has over inflated market prices...

    The question you have to ask yourself is what are the negative impacts of removing it???


 
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