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  1. wategos

    Media - Neg Gearing limit to New IPs

    Funny the faux concerns expressed by NG proponents for renters who supposedly will have higher rents (they won't, but anyway if you really believe that isn't that good for our investments? ) or the increased social housing costs (won't be) or more people on the pension (or even living on the...
  2. wategos

    Media - Neg Gearing limit to New IPs

    Wasn't a disaster at all...It was only reinstated by a government spooked that they might lose an election because of its removal. The Liberals are in a much stronger position to initiate the phase out of negative gearing. Removal would not increase social housing costs at all since more...
  3. wategos

    Media - Neg Gearing limit to New IPs

    Like he said, nothing. There will be plenty of opportunities, with rents unchanged but lower property prices (due to a lot of speculative demand being removed from the market) yields will be higher. Property investment will actually be more attractive without negative gearing.
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