Proof that negative gearing ISNT the reason property prices are going up in Australia. The average "loss" claimed by negative gearing around $5,000 a year
- http://www.realestate.com.au/blog/ending-negative-gearing-no-silver-bullet-for-housing-affordability/?rsf=edm:marketupdate:jul:2015:a6
oh and in case people think only rich people negatively gear......biggest tax bracket for negative gearing claims.....30-80k eg average mums and dads looking to protect themselves from inflationary tactics used by the government.
oh and in case people think only rich people negatively gear......biggest tax bracket for negative gearing claims.....30-80k eg average mums and dads looking to protect themselves from inflationary tactics used by the government.
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