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Report debunks negative gearing myth, warns against removal

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Australian Broker | 30 Jun 2015, 07:00 AM Agree 0
A new housing affordability report shows Australians’ chance at home ownership has increased thanks to negative gearing and capital gains discount
  • BJ | 30 Jun 2015, 10:24 AM Agree 0
    Another report which represents an articulate, independent view of the issues. Well done Amanda and Ken. Seriously tongue in cheek! Oh and rents will go up, history and the facts Ken. The sky is falling!
  • Gavin R. Putland | 01 Jul 2015, 08:26 AM Agree 0
    The report assumes that losses would not be carried forward, which they would. The report assumes that existing arrangements would not be grandfathered, which they would. The report assumes that landlords can raise rents just because their costs increase, which they can't - they already exact that maximum rent that can got for their properties.
  • DanG | 01 Jul 2015, 10:04 AM Agree 0
    Debunked? Please.

    Any benefit in new homes being built to create less demand is negated by the fact 17 investors turn up to buy them vs 1 genuine first home buyer.

    Negative gearing is part funded by stamp duty. Remove the lot!

    Why assist the $80+ income bracket further with tax breaks, it's the lower income earners that need it.
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