Search results

  1. jingo

    Will Negative Gearing rules be changed

    Do you have proof of this? Sources?? I seem to remember reading in Jan Somer's books that there was increased demand for rental properties and rents rose accordingly.
  2. jingo

    Will Negative Gearing rules be changed

    I have read that the government doesn't loose as much money from -ve gearing as is commonly thought. There was a book that I read (I think by Renton) that explained that the government recoups some money by taxing the income that the banks receive as interest from the bank loans used to fund...
  3. jingo

    Will Negative Gearing rules be changed

    Have to agree. It is hysterical at the moment!! I remember reading lots about the affordability problem during the mini boom in 2007, but investors seem to be being targeted this time round. People get emotional when they see a FHB not being able to enter the market (well the inner city...
  4. jingo

    Will Negative Gearing rules be changed

    People would que for hours to inspect IP's. Rental prices increased immediately and there was a massive shortage of investment properties and a rental crisis. The government had no choice but to re-introduce negative gearing again and investors were able to back claim for expenses on their...
Back
Top