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  1. Bill.L

    negative gearing review by Govt - what is the status??

    Hi all, Token, I already explained it to you and others several pages ago...... Keeping demand up for existing is what makes people develop new. If existing stock starts to fall, then new development stalls. The other part that annoys me is the "taxpayer subsidies" to property...
  2. Bill.L

    negative gearing review by Govt - what is the status??

    Hi all, There is a large misunderstanding going on here about the effect of price rises on development of new resi housing. People do it for the money. If the NG and CGT (50% reduction) were removed for existing property, then prices would stall/fall. There is no incentive for a developer...
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