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  1. Bargain Hunter

    Solving the housing affordability crisis

    Get rid of negative gearing, and while your at it get rid of tax on positive gearing, stamp duty, land tax, and CGT. Investors pay through the nose. It's a surprise that anyone bothers investing in Australian property given the massive disintentives. And all you can do is whimper about negative...
  2. Bargain Hunter

    Solving the housing affordability crisis

    There's an idea. Outsource the Great Australian Dream to a developing country. :confused:
  3. Bargain Hunter

    Solving the housing affordability crisis

    Yes property is very, very expensive. And if the person presented has a similar background to you and a similar income and has achieved all that they claim and you would still rather moan about housing affordability than to learn from their experience then you are unteachable and should probably...
  4. Bargain Hunter

    Solving the housing affordability crisis

    I wanted to win the New York marathon, so I jumped in a cab and made my way to the finish line. I arrived well before any of the other competitors but no-one paid me any mind. Instead they gathered around the person who came second to me, who had run the race, faced the pain and taken the...
  5. Bargain Hunter

    Solving the housing affordability crisis

    Yes it will be a really cheap house. So the issue is not how does someone get into the market today and work their way up but how can someone afford to buy a median house when they can't save the deposit or qualify for the loan. Using my car analogy. Why should a FHO settle for a Sirion...
  6. Bargain Hunter

    Solving the housing affordability crisis

    It's a basic belief system. You believe that housing affordability is an issue which can only be solved by someone else. Government or other intervention. As property investors many of us have been where you are maybe not exactly but many have had issues and still been able to enter the...
  7. Bargain Hunter

    Solving the housing affordability crisis

    For the purposes of this discussion let's make the assumption that there is an issue with housing affordability. So what are the issues that make property unaffordable? 1. Lack of land 2. Zoning restrictions 3. Lack of building trades 4. FHOG 5. Stamp Duty 6. Section 94 contributions 7...
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