You got your wish woodpecker!
Quote:
Originally Posted by
neopoleII
quote"" Our market wasn't fuelled by a $14 - $21,000 govt cash grant for first home owners""
true........ we just have housing suppliments and working for families, and numerous other benefits that get transfered to landlords who's tenants receive the benefits.
which of course keeps the price of these investments high.
not with standing the "favourable" way they are taxed.
lets see what or if the new tax reform will do to property prices.
Watch the rents rise now ...
Weep, if you are a renter. Weep if you are an overstretched investor. And weep if you are a tax payer, as more of your tax will go where you least wanted it to go ...