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  1. wategos

    Investors keep first-timers out of market

    The answer to the problem is right there in the article: Negative gearing and capital gains tax are also factors affecting affordability, says Jacqui Phillips, spokeswoman for Australians for Affordable Housing. They drive investors to purchase established houses, push up prices and prop...
  2. wategos

    Investors keep first-timers out of market

    A shame hardly any posts in this entire thread are on topic. I feel it's an important issue on which action should be taken.
  3. wategos

    Investors keep first-timers out of market

    The main point of the article is that first home buyers are now up against and outnumbered by an army of property investors who have invaded their territory. This army used to be much smaller, it's only in the last couple of decades it has ballooned past a million troops.
  4. wategos

    Investors keep first-timers out of market

    A troll is not someone with a valid a and different opinion to your own. Suggesting more affordable properties for fhb is completely irrelevant to the point of the aarticle. Investors outbid fhb in many price ranges. I've seen it many times and have even done it myself once which bugged me for...
  5. wategos

    Investors keep first-timers out of market

    The issue is that subsidised investors are pushing home buyers out of the market. Where or what it is is irrelevant, doesn't matter if it's potts point, blacktown or bondi. Many arguments here are just trying to divert attention from the real issue by pretending a first home buyer shouldn't...
  6. wategos

    Investors keep first-timers out of market

    Investors buy more than double the amount first home buyers do, and they are also often driven by powerful emotion (greed) so are a strong force pushing prices up, more so than ever. Just because a problem has been around a while and is now getting much worse doesn't mean it should be ignored...
  7. wategos

    Investors keep first-timers out of market

    The article highlights a very real problem in Australia, ttens if not hundreds of thousands of people are still renting because of pro speculation taxation laws which put the home buyer at an unfair disadvantage. Home buyers miss out like this a lot, I've seen it. A solution would be to...
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