With some commentators believing that negative gearing is the main reason for higher property prices and the fact that the government is in defict, will Rudd make the call and abolish or alter negative gearing on properties?
I heard in the 80's negative gearing was abloshied and that apperntly created havoc for the rental market. (I was too young when that happened).
Will abloshing negative gearing have a major effect on property prices?
What will happen with the rental market?
I heard in the 80's negative gearing was abloshied and that apperntly created havoc for the rental market. (I was too young when that happened).
Will abloshing negative gearing have a major effect on property prices?
What will happen with the rental market?