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  1. V

    The Abolishment of the Negative Gearing Debate

    I don't think it matters so much what your income is. Resi IPs (if chosen wisely) still represent a good way to store and build wealth, just not quickly. Well located property is, I think, a great way to Get Rich Slow (which is my long term plan).
  2. V

    The Abolishment of the Negative Gearing Debate

    The land tax revenue alone is around triple the value of negative gearing 'costs'. And that doesn't include the CGT, which owner-occupiers also don't have to pay.
  3. V

    The Abolishment of the Negative Gearing Debate

    Yep. The problem is people think 'negative gearing' is a tax rule - it's not, it's just a name that financial planners have given to a specific strategy.
  4. V

    The Abolishment of the Negative Gearing Debate

    Rubbish. Are you also known as 'demografix' in other places?
  5. V

    The Abolishment of the Negative Gearing Debate

    Rubbish. Investors buy at the best prices they can, and are, on the whole, much more analytical that owner occupiers.
  6. V

    The Abolishment of the Negative Gearing Debate

    Thanks, I'll have a poke around.
  7. V

    The Abolishment of the Negative Gearing Debate

    I've seen this previously also. Do you have a reference, though, as to how this was worked out? Cheers.
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