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  1. wategos

    ANZ Bank Tips 2 More Interest Rate Cuts - More Fuel For Positivity

    I don?t know how you can think this, many markets in Australia are now dominated by investors and speculators (aided by NG). They are the force pushing prices up, nothing else. The most powerful emotional force in all bubbles, Greed.
  2. wategos

    ANZ Bank Tips 2 More Interest Rate Cuts - More Fuel For Positivity

    It works that way in some countries, but it would destroy most property investors in Australia, interest deductions are critical. Abolishing NG will not affect this. Don?t know what you?re on about there. No other countries have negative gearing (except maybe NZ and Canada?). Do you real think...
  3. wategos

    ANZ Bank Tips 2 More Interest Rate Cuts - More Fuel For Positivity

    Of course it would not be a disaster, renting functions just fine in every other country that doesn?t have negative gearing. The poor would not be disadvantaged. I find it amusing the "concern" some property investors have for the poor regarding negative gearing, come on folks, what?s your real...
  4. wategos

    ANZ Bank Tips 2 More Interest Rate Cuts - More Fuel For Positivity

    Myth Alert !!! As most people know, this never happened. Rents did not skyrocket and were not the reason NG was restored.
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