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Good point. I guess those bemoaning property investors must all live with their parents until the point they can buy their first property (and of course their parents own the house they're in). Obviously everyone in Aust. should do this too, otherwise there would be a need for..... shock...

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There would still be private rental houses, but rents would rise to compensate investors for the loss of tax deductibility. Whether it will happen in our life time is debatable, but even if it did - wouldn't worry me too much. Lower yield with NG, higher yield without it.

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Riiiiight :confused: We should thank the lord they're paying the amount they agreed to in a legally binding contract? In fact we should be so thankful they honour their side of this business agreement that we should in turn reimburse them with a gift to the value of 15-20% of their annual...