Yet this is what some here are arguing for. That negative gearing is great and fair. Pushing the government to continue encouraging people to buy 2-3-4-10 investment homes irrespective of what the consequence to homeownership is.
Then they go around arguing that homeownership is a good retirement plan and that people should be forced to save to buy a home so they will be less dependent on social security etc...
Do any of these people realise that for every dwelling an investor owns or buys it's one less dwelling a potential homeowner has a chance of owning or buying. Do we need to wonder why the recent HILDA report says the proportion of homeownship is falling as the proportion of investors increase?
The property market is completely bonkers, page-6
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