What a load of sanctimonious rubbish.
A higher tax deduction means there was a higher expense which means there is a lower income.The net yield on my property has been below 1% per annum for the last several years. And don't get me started on the local property tax (aka rates) which goes up by double digits every year. As for attracting tenants, my current tenants have been in there for at least 15 years (I'd have to pull out my files to check exactly how long) so I assume they are happy with my efforts to maintain the property. And then there's the changes to tenancy laws which have steadily eroded my rights as the owner of the property.
And people who have no clue about basic economics wonder why there's a shortage of rental accomodation.
As this thread is about FBU, I'll stop posting on this subject with apologies for starting a thread jack.
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