Hubby, possibly the only property investor in the room, with his volunteer hat on, was at a Vinnies conference last weekend where they solidly talked down negative gearing and how negative gearing lead to investors pushing up property prices making it really difficult for home owners to get into the market.
And then I saw this item today.
http://www.yourinvestmentpropertyma...end-in-sight-for-negative-gearing-186408.aspx
What are your thoughts, will negative gearing (in its present form) be done away with in the next budget ?
And then I saw this item today.
http://www.yourinvestmentpropertyma...end-in-sight-for-negative-gearing-186408.aspx
What are your thoughts, will negative gearing (in its present form) be done away with in the next budget ?