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I don't particularly care either way about NG other than it would create uncertainty which is never good for any market but there goes the next election IMO.

Maybe not but the Howard government lost the 2007 election because of work choices so I wouldn't be so sure

Keep the posts coming, its good to have a contrarian on here. Nothing new is learnt from having everyone in agreement. While I don't agree with much of your sentiment regarding NG I agree that property is mostly unaffordable for the average FHB in SYD Presently.

55k in 2000 was an absolute steal for anything in 2000 IMO, great entertainment though reading you and BV going toe to toe or should I say post to post. The reality of what is happening in SYD is far removed from much of the country but it doesn't make a good news story.

I don't have any statistics to support it but I would assume that many investors will find at the end of the financial year that they are now positively geared or at least NG with +ve cash flow as interest rates are now so low.

Maybe your kids should become 'speculators' first as a way to enter the market, it's not going to get any easier

This would be purely subjective Interesting graph but I don't think its reasonable to say that there are as many savvy OO. Purchasing a ppor requires careful thought sure but many people live where they want to live and will pay whatever they can afford to live in a particular suburb. This...

If there are major changes to ng arrangements some investors may leave the market which may lead to price decreases unless the slack is taken up by O/O and FHB. There is a large percentage of the population who will always rent, cannot or will not ever have the money for a deposit and these...

I agree that supply and demand is the driving force but if costs increase landlords will increase rents where possible, it might only be $10 per week on lease renewal as tenants generally won't move for small increases. This will have an effect on the market just as increased supply may mean...

It is likely that a grandfathered arrangement is possible in the near future where existing owners can continue to claim losses against other income, I think this is the most likely outcome. There will need to be incentives for new builds as this helps to drive the economy and create employment...