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  1. skater

    Negative Gearing on chopping block

    Agreed! I'll also add that access to BASIC housing is a human right. It does not need to be a 4 bed mcmansion with three bathrooms & a triple garage. Nor does it need to be filled with new expensive furniture. Basic shelter! If you want more, you should expect to work hard to pay for it.
  2. skater

    Negative Gearing on chopping block

    How about we remove PROPERTY from the equation. Why should one investment be treated any differently to another. IF, changes are made to negative gearing, it should go across ALL asset classes.
  3. skater

    Negative Gearing on chopping block

    No, investors will buy at market price, so long as the property makes sense to them. We all have different criterior. Something I wouldn't touch, someone else will see a great investment, and vice versa. I believe it will stop a lot of the newbie investors/speculators that get in because...
  4. skater

    Negative Gearing on chopping block

    Yes, slowly, you will get more owner occupiers, but there will always be rentals in the established homes. Clearly there is! I've repeated myself several times & Hobo just keeps going on & on, and showing stupid graphs. I'm bored with this conversation, and can't be bothered with any more...
  5. skater

    Negative Gearing on chopping block

    No, you are the one that has missed the point. Once again, this is what I said: Whether you are looking for a rental property to live in, or a property to purchase, new will, in most cases cost subtantially more than established. There is, and always will be, a number of people who will...
  6. skater

    Negative Gearing on chopping block

    Precisely! AND tenants who go looking for NEW properties to rent are completely different to tenants that look for ESTABLISHED properties. This won't change. There will always be people on low incomes that want/need to rent the cheapest properties available. AND YOU CAN BET YOUR BOTTOM...
  7. skater

    Negative Gearing on chopping block

    I think you are grasping at straws here. Aaron has already addressed that. See the below quote.
  8. skater

    Negative Gearing on chopping block

    Ah, but you forget that a lot of investors look for cheaper properties in the more affordable areas. These places are in high demand for renters because they are affordable. The investors who chase these kinds of properties won't suddenly go looking to buy new properties. They buy there...
  9. skater

    Negative Gearing on chopping block

    Quoted for reference to below post. You've got the supply/demand equation wrong. Datto was referring to the fact that if you remove NG, less investors will buy. So the supply of rental properties is less. Yes, the established homes will still be there, but over time, less of them will be...
  10. skater

    Negative Gearing on chopping block

    Yep! Its all about supply and demand. Fewer property investors means fewer rental properties. If there are fewer rental properties, then the demand for those properties increases, driving up the rents. No matter what you do, many renters will never purchase a home.
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