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    Government to introduce 2.25% Levy on Sale of Investment ppty's

    Hi GeoffW Thanks for your reply. I agree with you about not following the herd. It appears that a shortage in rental accommodation could already be occurring as more and more investors opt out of NSW. We recently have had four out of six rental properties in Sydney vacant. One of those is in...
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    Government to introduce 2.25% Levy on Sale of Investment ppty's

    Jum Jones mentioned that polies invest too. Bob Carr sure knew something when he invested in his couple of properties in New Zealand. The recent changes to Land Tax and the introduction of the Exit tax have killed sales in the Real Estate market in NSW. In the last couple of days I have heard...
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