Originally Posted by
neopoleII
i am sick to death of my taxes going to landlords via housing suppliments, and these landlords collecting tax loses and "depreciation" and then selling for cap gains and the ird is sitting on its thumbs.
if......... (which wont happen).... there was no housing suppliments, a house in mangere east or otara, would not be worth what they are today, and the low incomers could then afford to own.
imho, working for families and housing suppliments have created a class of property millionaires at the expence of low incomers and tax payers.