NG hasn’t produced as much new housing as hoped! ...... What if housing investment loans creep even higher? ...... Keep raising interest rates?• An end to negative gearing. Ronald Reagan, pin-up boy of the conservatives, did just this in the USA. And the release of this table before the Henry Review is made public signals the same for Australia.
the portfolio is my retirement fund...I am in charge, manager, no worries about the govnuts coming in and changing rules, force me into pension mode etc...
Those gun slingin yankies have near 50% better rental yields than the fairy tale “land of Oz”
http://www.prosper.org.au/2010/04/0...o-negative-equity-someones-going-to-get-hurt/
NG hasn’t produced as much new housing as hoped! ...... What if housing investment loans creep even higher? ...... Keep raising interest rates?
The picture drawn is not pretty: it shows the nation’s ‘aspirational’ landlords, heavily weighted with borrowings, perched on a twig, waiting for the tree to grow under them.
It now appears funny to me, your assumed smart remark on the following thread (post 6)
http://www.theaustralian.com.au/bus...e-for-a-spanking/story-e6frg9io-1225844478939
What happened in 1990? Was there a change in legislation on negative gearing or related tax changes?My favourite graphs.
Under what economic environment is the rise in interest payments (relative to household disposable income) and household gearing measures sustainable ?
Thanks for the article.
If you mean "smart" as in "smart a$$" it wasn't. That was a genuine question, I was genuinely seeking answers and get a better understanding of our system.
If you look at the date of the post it was from quite some time ago, when I first became interested in the topic.
Yeah, that over the last 20 years housing gearing as a percentage of assets has increased a whopping 200%those graphs tell the full story....on the whole the population has a low debt, and high equity.....so what if there is an individual sprinkled here and there that is not in that situration.....its certainly not going to affect the bulk of the population...
nor of house prices
there are figures for a potential .06% home owners at risk...that is not even 1%...just over half of 1%...how that will impact on the other 99%
good luck with your arguments of a half of a % making much difference
Those gun slingin yankies have near 50% better rental yields than the fairy tale “land of Oz”
http://www.prosper.org.au/2010/04/0...o-negative-equity-someones-going-to-get-hurt/
The ATO says people earning between $30,000 and $75,000 represented the largest group of taxpayers who held property investments and they claimed $3.6 billion in losses
Deduction of negative gearing losses on property against income from other sources for the purpose of reducing income tax is illegal in the vast majority of countries, the exceptions being Canada, Australia, and New Zealand.
Anyone believe this? 7 o'clock or 12 o'clock?
http://www.heraldsun.com.au/business/property-clock-is-ticking/story-e6frfh4f-1225854104139
Must be April fools with that date!
I also (not you) failed grade one engrish and your comment appeared clear to me. Unless someone is prepared to step up to the plate for you, let it be.
Less than two hours after the insinuation another of your posts appeared as a continuation more on a serious note ie “In short the money belongs to.........”
Either no one bothered at the time to answer your original question because no one knew the answer, no one at ASF was kind enough to help you, or you were simply being a smart a$$ like a few of the others so you didn’t need to even ask the question again!
Or you really didn’t get it as near a year later showed, so why didn’t you ask again?
https://www.aussiestockforums.com/forums/showthread.php?t=15145&highlight=
Nothing is wrong with not knowing something. Nothing wrong with asking questions either.
Geez, I still think property is going to fall.......
That was a genuine question, I was genuinely seeking answers
Good luck Robots.
REIV releases March quarter median prices
MELBOURNE house prices dropped $10,000 on average in the first three months of the year as rising interest rates priced many buyers out of the market.
After further investigations by some of the leading ASF members it was found that of the 128 primary school children surveyed by “international property spruikers, estate agents, Colliers International” in south western Africa the majority didn’t know where Australia was. The majority didn’t seem to care either!
This has lead to further investigations by ASF and it was found that the questions asked used the “play school” clock and some 60% of the grade 3 children said the time at the property of Australia would be 7 o’clock when the Southern African property time was 9.
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