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Why divide by three? I wasn't limiting the comparison to investment property only, I was looking at the entire housing market. Rates and taxes are both used to fund services. They are both a government 'take' from homeowners. The NG figures are correct.

You 'invest' in gold, right? Zero yield. You are a speculator chasing capital growth.

You said... 'they simply need to completely do away with the FHOG and other FHB concessions' So that's two different things... FHOG, and other FHB concessions. Doing away with FHB concessions is the same as increasing taxes. Stamp duty is a tax. FHB stamp duty concessions reduce that tax...

In other words, you think property should be taxed even more heavily than it already is. The government currently takes far more in tax from the housing sector than it gives back in grants and concessions. The government basically treats the Australian property market as a 'cash cow', using...