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  1. BayView

    If you were PM.

    The PPoR is a dwelling to live in without any income generated. The others are for business purposes for and contribute to generating income. The Gubb also want folks to provide their own housing so (one of) the incentives is to not tax it. They already make plenty out of everyone...
  2. BayView

    If you were PM.

    possible, but does anyone know of anyone with no PPoR and $2m in investments at retirement. It could encourage folks to over-invest in their PPoR, but why would they? There is no incentive to do that, other than to sell it on retirement to access the equity. If so, then good luck to them, and...
  3. BayView

    If you were PM.

    Yes, they keep reporting that jobs are being created by the truckload, and that unemployment is dropping. One of the factors in the drop is how they calculate unemployed - apparently if you are not actively looking, you are not included in the figures; drop in numbers. In the last couple...
  4. BayView

    If you were PM.

    Just on this point - and it probably will apply directly to me in another 11 years.... Many folks work their whole lives and never earn a huge amount, but are lucky enough to have bought a modest house in a decent area 40 years ago, and have seen their PPoR rise in value by a substantial amount...
  5. BayView

    If you were PM.

    If you were PM, what things would you like to see done/changed to drag our Country out of it's current situation. We are seeing record low interest rates, yet Business is not borrowing in any significant forms...most are shedding jobs and/or not hiring. A bit of housing activity (mostly...
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