I like that guy. Most of the time I agree with what he says.
While I don't really think it's going to come to pass, it would be great if they removed negative gearing.
It would increase tax revenue, decrease house prices and increase stock.
Plus for us it would have the added benefit of increasing rents (this should probably be seen as a negative for the general public though).
Personally, I would miss out on a few grand per year, but I'm sure that the higher yields would make up for it.
While I don't really think it's going to come to pass, it would be great if they removed negative gearing.
It would increase tax revenue, decrease house prices and increase stock.
Plus for us it would have the added benefit of increasing rents (this should probably be seen as a negative for the general public though).
Personally, I would miss out on a few grand per year, but I'm sure that the higher yields would make up for it.