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  1. hobo-jo

    Media - Neg Gearing limit to New IPs

    lol what a ridiculous article. Want cash flow from a property from day 1? Put down a large enough deposit and it can be.
  2. hobo-jo

    Media - Neg Gearing limit to New IPs

    It is true that there will always be a large pool of lifetime renters who either don't have a high enough income to save for a deposit or who have a high enough income, but not the discipline to save it. That said data from the ABS / RBA suggests that the last time negative gearing was...
  3. hobo-jo

    Media - Neg Gearing limit to New IPs

    Some fair points there PT_Bear (had not considered that restricting NG to new builds would push more investors into FHO territories, but you may be right). Although my expectation is that restricting NG to new builds is not only intended to try and restore balance to the market (making room for...
  4. hobo-jo

    Media - Neg Gearing limit to New IPs

    You mean like the brigade of property investors on this forum moaning about the possible removal of negative gearing entitlements? Do you think Nathan cares whether it's removed or not? Will he sit around moaning with the rest of this forum if it is changed or just get on with it? In what way...
  5. hobo-jo

    Media - Neg Gearing limit to New IPs

    Was not a criticism of your post, I though you were just paraphrasing Eslake, who appears to have got carried away in the first place (he did mention Gold) :D
  6. hobo-jo

    Media - Neg Gearing limit to New IPs

    I was under the impression that NG (at least deducting interest on a loan) could only be used for income producing assets, so wouldn't be applicable to Gold?
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