Will be interesting what the ALP proposes in relation to negative gearing changes.
For property investors that know what they are doing, it will probably be great because it will give them interesting opportunities.
I can't decide if getting rid of negative gearing will be good or bad for the country overrall. It will probably be a negative overrall but I can see some very postive results in the short term from the changes for certain people.
Will be interesting if it creates a building boom? Probably not because developments will get hold up by local governments, but if local governments play its part I can see a building boom. This could create inflation in the economy (which could be a good thing compared to the alternative of deflation).
Interesting times ahead.
For property investors that know what they are doing, it will probably be great because it will give them interesting opportunities.
I can't decide if getting rid of negative gearing will be good or bad for the country overrall. It will probably be a negative overrall but I can see some very postive results in the short term from the changes for certain people.
Will be interesting if it creates a building boom? Probably not because developments will get hold up by local governments, but if local governments play its part I can see a building boom. This could create inflation in the economy (which could be a good thing compared to the alternative of deflation).
Interesting times ahead.