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  1. H

    Media - Neg Gearing limit to New IPs

    Hi Hobo-jo I agree entirely that prices would drop and more young people would be able to buy their own home, it's just that the corollary to that movement is that rents will go up for those who aren't able to take advantage by making the switch to home ownership ie the least wealthy in our...
  2. H

    Media - Neg Gearing limit to New IPs

    Personally, I don't believe I own any negatively geared investments (might have to check my last tax return to confirm that - annual expenses on RIPs can move around a lot!). I think it's a dog of an idea as an investment strategy and don't advocate it for anyone. My back pocket would...
  3. H

    Media - Neg Gearing limit to New IPs

    Rents will need to be higher if investors are actually going to keep building new subdivisions and houses for other people to rent. Subdivision and construction costs won't drop at all and it's hardly a money spinner to build a new house for someone else to rent right now, once you tot up all...
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