Originally Posted by
davflaws
Has the "typical mum and Dad investor" really got one or two rental properties?? Doesn't everyone want to get ahead and build a decent life for their family??
I guess I see the Govt's latest move as as the first comprehensive attempt to deal with our chronic structural shortage of housing in the last thirty years. That is more important to me (because the housing shortage has effects that fall disproportionately on the "have nots" and which go right across health, education, and justice, than an additional impost on people who own several houses.
And of course I am strongly in favour of measures that promote a more equal society (nearly everyone is healthier and happier). But then I'm a socialist.
Disc: bought 120,000 OCA at 135 yesterdayi