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  1. BayView

    negative gearing

    What is it if it isn't a tax - Goods and Services TAX. Even the Gubbmint call it a tax, and they are the Kings of never calling a spade a spade. I didn't label it as a tax btw - it is another cost that is making houses more expensive, but never gets mentioned as a cause - even in the media...
  2. BayView

    negative gearing

    Waddabowt the Gubbmint charges? Amazing how the bloody Gubbmint always neglects to mention how much of the total real estate pie is made up of their charges and fees. What they pay back to the investors in tax refunds for IP's etc is a small % of their total revenue from the industry. The...
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