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You just dont get it Beepop. I dont think in terms of money I think of acquiring assetts. I think in terms of net wealth. I could pay 200k+ in tax if I wanted to and not claim any deductions. How does that make it a better idea to buy a house, than if I use strategies to minimize my tax so...

Once again you prove you have no understanding. Just because the tax rate is 99%. It does not mean that is how much tax you pay. Heard of Tax free threshold, tax brackets Building allowance and depreciation, FMDs, DPPs, supperannuation, LVRs, defered income, warehousing, EQUITY it is tax...

That is what you cant comprehend Beepop, the reduced taxes you pay is what makes property affordable. if tax rates were 99% it would make sense to pay more for property. A 10% interest rate would effectively be 0.1, after tax deductions. plus depreciation which will more than cover rates and...

Depends on how much of the wage is excess to essential needs. If at point 1 you need to spend 45 on survival you only have 5 to spend on housing. If at point 2 you need to spend 70 on essentials you have 30 to spend on housing. You have 6 x more surpluss to spend on housing. That would make...