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  1. datto

    Negative Gearing on chopping block

    Not if the boomers get one of those reverse loans where the loan is repaid upon the boomer's passing. Kids could miss out on a chunk of money! (moral : be nice to the oldies and you may get a bigger chunk lol)
  2. datto

    Negative Gearing on chopping block

    That's what I believe also, Angel. There are heaps of renters out there. 2006 Bureau of Stats shows just over 2 mil renters in Oz ( that number has been growing steadily over the years - could be 3 mil now). How many of those (say) 3 mil renters will go out and buy a property to live in -...
  3. datto

    Negative Gearing on chopping block

    I see it but I dont believe it!...Guido hatzis
  4. datto

    Negative Gearing on chopping block

    It seems that there are alot of people out there that rent. These people will compete for fewer rental properties and cause rents to rise IMO.
  5. datto

    Negative Gearing on chopping block

    I think its all about supply and demand. Fewer property investors means fewer rental properties (ie supply down). Renters (demand) will be bidding for fewer rental properties, therefore, us greedy landlords will be rubbing our hands together and jacking up the rent as potential tenants jump...
  6. datto

    Negative Gearing on chopping block

    Any move by the govt to make property investing less attractive will mean less investors. Less property investors will affect the building industry and cause rents to rise. It will also put a greater strain on public housing. More people will be living on the street, in cars, in factory...
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