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aus+uk / aus.politics / Negative gearing.

SubjectAuthor
* Negative gearing.Peter Jason
+* Re: Negative gearing.Trevor Wilson
|+* Re: Negative gearing.Rod Speed
||+* Re: Negative gearing.Ozix
|||+- Re: Negative gearing.Rod Speed
|||`* Re: Negative gearing.Borax Man
||| +* Re: Negative gearing.Fran
||| |+* Re: Negative gearing.Rod Speed
||| ||`* Re: Negative gearing.Petzl
||| || `- Re: Negative gearing.Rod Speed
||| |`* Re: Negative gearing.Borax Man
||| | +- Re: Negative gearing.Rod Speed
||| | `* Re: Negative gearing.Fran
||| |  `* Re: Negative gearing.Peter Jason
||| |   `* Re: Negative gearing.Borax Man
||| |    +* Re: Negative gearing.Rod Speed
||| |    |`* Re: Negative gearing.Peter Jason
||| |    | `- Re: Negative gearing.Rod Speed
||| |    `* Re: Negative gearing.Fran
||| |     +* Re: Negative gearing.chop
||| |     |`- Re: Negative gearing.Ördög
||| |     `* Re: Negative gearing.Borax Man
||| |      `* Re: Negative gearing.Fran
||| |       `* Re: Negative gearing.Ördög
||| |        `* Re: Negative gearing.Fran
||| |         `* Re: Negative gearing.Ördög
||| |          `* Re: Negative gearing.Fran
||| |           `* Re: Negative gearing.Ördög
||| |            +* Re: Negative gearing.Petzl
||| |            |`- Re: Negative gearing.Ördög
||| |            `* Re: Negative gearing.Fran
||| |             `* Re: Negative gearing.Ördög
||| |              `- Re: Negative gearing.Fran
||| `* Re: Negative gearing.Petzl
|||  +* Re: Negative gearing.Ördög
|||  |`* Re: Negative gearing.Fran
|||  | `* Re: Negative gearing.ken
|||  |  +- Re: Negative trollingÖrdög
|||  |  `* Re: Negative gearing.Fran
|||  |   `- Re: Negative gearing.ken
|||  +- Re: Negative gearing.Rod Speed
|||  `* Re: Negative gearing.Borax Man
|||   +- Re: Negative gearing.Rod Speed
|||   `* Re: Negative gearing.Petzl
|||    `* Re: Negative gearing.Ördög
|||     `* Re: Negative gearing.Fran
|||      +* Re: Negative gearing.Daniel65
|||      |+* Re: Negative gearing.Ördög
|||      ||`* Re: Negative gearing.Fran
|||      || `* Re: Negative gearing.Ördög
|||      ||  `- Re: Negative gearing.Daniel65
|||      |+- Re: Negative gearing.Petzl
|||      |`* Re: Negative gearing.Fran
|||      | `* Re: Negative gearing.Daniel65
|||      |  +- Re: Negative gearing.Fran
|||      |  `* Re: Negative gearing.Petzl
|||      |   `* Re: Negative gearing.Daniel65
|||      |    `* Re: Negative gearing.Petzl
|||      |     `* Re: Negative gearing.Rod Speed
|||      |      `* Re: Negative gearing.Petzl
|||      |       `* Re: Negative gearing.Rod Speed
|||      |        `* Re: Negative gearing.Petzl
|||      |         `- Re: Negative gearing.Rod Speed
|||      `- Re: Negative gearing.Petzl
||`* Re: Negative gearing.Trevor Wilson
|| +* Re: Negative gearing.Ozix
|| |`- Re: Negative gearing.Rod Speed
|| `- Re: Negative gearing.Rod Speed
|`* Re: Negative gearing.Borax Man
| `- Re: Negative gearing.Rod Speed
`* Re: Negative gearing.Rod Speed
 `* Re: Negative gearing.Peter Jason
  `* Re: Negative gearing.Rod Speed
   `* Re: Negative gearing.Peter Jason
    +- Re: Negative gearing.Rod Speed
    `* Re: Negative gearing.Borax Man
     `* Re: Negative gearing.Peter Jason
      `* Re: Negative gearing.Borax Man
       +- Re: Negative gearing.Rod Speed
       `* Re: Negative gearing.Peter Jason
        +* Re: Negative gearing.Rod Speed
        |`* Re: Negative gearing.Peter Jason
        | `- Re: Negative gearing.Rod Speed
        `* Re: Negative gearing.Borax Man
         `* Re: Negative gearing.Rod Speed
          +- Re: Negative gearing.Petzl
          `* Re: Negative gearing.Borax Man
           `* Re: Negative gearing.Rod Speed
            `* Re: Negative gearing.Borax Man
             `* Re: Negative gearing.Rod Speed
              `* Re: Negative gearing.Peter Jason
               `- Re: Negative gearing.Rod Speed

Pages:1234
Negative gearing.

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From: pj...@jostle.com (Peter Jason)
Newsgroups: aus.politics
Subject: Negative gearing.
Date: Sun, 04 Feb 2024 09:14:59 +1100
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 by: Peter Jason - Sat, 3 Feb 2024 22:14 UTC

Sleazy Albanese has this in his sights. Expect to see a reduction in
this benefit in the near future.

The benefits of this tax break has not reduced property prices nor
rent levels. Proponents of this scam have their snouts in the trough!

Like that Yankee fool Alan Greenspan keeping interest rates low of
umpteen years, hoping this would stimulate employment and investment,
instead gave speculators the green light to rape and loot!!!

BAH!

Re: Negative gearing.

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From: tre...@rageaudio.com.au (Trevor Wilson)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Sun, 4 Feb 2024 09:54:18 +1100
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 by: Trevor Wilson - Sat, 3 Feb 2024 22:54 UTC

On 4/02/2024 9:14 am, Peter Jason wrote:
> Sleazy Albanese has this in his sights. Expect to see a reduction in
> this benefit in the near future.
>
> The benefits of this tax break has not reduced property prices nor
> rent levels. Proponents of this scam have their snouts in the trough!
>
> Like that Yankee fool Alan Greenspan keeping interest rates low of
> umpteen years, hoping this would stimulate employment and investment,
> instead gave speculators the green light to rape and loot!!!
>
> BAH!
>

**Negative gearing is a legitimate form of tax minimisation. It is
unlikely to be changed any time soon. However, what does need to be
addressed is the giant rort known as 'capital gains discount'. This
appallingly badly designed structure favours those investing housing
over all other forms of investment. Thanks John Howard for setting the
scene for insane housing price rises.

--
This email has been checked for viruses by Avast antivirus software.
www.avast.com

Re: Negative gearing.

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From: rod.spee...@gmail.com (Rod Speed)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Sun, 04 Feb 2024 10:54:10 +1100
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 by: Rod Speed - Sat, 3 Feb 2024 23:54 UTC

Peter Jason <pj@jostle.com> wrote

> Sleazy Albanese has this in his sights.

Dunno, doubt he would risk another broken promise.

> Expect to see a reduction in this benefit in the near future.

Unlikely.

> The benefits of this tax break has notreduced property prices nor rent
> levels.

It was never intended to but it certainly
does increase the available rental stock.

Proponents of this scam have their snouts in the trough!

> Like that Yankee fool Alan Greenspan keeping interest rates low of
> umpteen years, hoping this would stimulate employment and investment,
> instead gave speculators the green light to rape and loot!!!

Nothing like with negative gearing.

> BAH!

Fuck off sheeple.

Re: Negative gearing.

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From: rod.spee...@gmail.com (Rod Speed)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Sun, 04 Feb 2024 11:01:07 +1100
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 by: Rod Speed - Sun, 4 Feb 2024 00:01 UTC

Trevor Wilson <trevor@rageaudio.com.au> wrote
> Peter Jason wrote

>> Sleazy Albanese has this in his sights. Expect to see a reduction in
>> this benefit in the near future.

>> The benefits of this tax break has not reduced property prices nor
>> rent levels. Proponents of this scam have their snouts in the trough!

>> Like that Yankee fool Alan Greenspan keeping interest rates low of
>> umpteen years, hoping this would stimulate employment and investment,
>> instead gave speculators the green light to rape and loot!!!

>> BAH!

> Negative gearing is a legitimate form of tax minimisation.

But is something only the well off can use.

> It is unlikely to be changed any time soon.

Particularly as Albo is unlikely to break two very obvious promises in a
row now.

> However, what does need to be addressed isthe giant rort known as
> 'capital gains discount'.

That isnt a giant rort.

> This appallingly badly designed structure favours thoseinvesting
> housing over all other forms of investment.

And that is a good thing given the shortage of rental housing.

> Thanks John Howard for setting the scene for insane housing price rises.

Bullshit. The reason for that has always been the vast number
of immigrants relative to the rate of new houses builing built.

Re: Negative gearing.

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From: ozi...@xizo.am (Ozix)
Date: Sun, 4 Feb 2024 13:15:08 +0800
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 by: Ozix - Sun, 4 Feb 2024 05:15 UTC

Rod Speed wrote:
> Trevor Wilson <trevor@rageaudio.com.au> wrote
>> Peter Jason wrote
>
>>> Sleazy Albanese has this in his sights.  Expect to see a reduction
>>> in  this benefit in the near future.
>
>>> The benefits of this tax break has not reduced property prices nor
>>> rent levels.  Proponents of this scam have their snouts in the trough!
>
>>> Like that Yankee fool Alan Greenspan keeping interest rates low of
>>> umpteen years, hoping this would stimulate employment and investment,
>>> instead gave speculators the green light to rape and loot!!!
>
>>>  BAH!
>
>> Negative gearing is a legitimate form of tax minimisation.
>
> But is something only the well off can use.
>
>> It is  unlikely to be changed any time soon.
>
> Particularly as Albo is unlikely to break two very obvious promises in a
> row now.
>
>> However, what does need to be  addressed isthe giant rort known as
>> 'capital gains discount'.
>
> That isnt a giant rort.
>
>> This  appallingly badly designed structure favours thoseinvesting
>> housing  over all other forms of investment.
>
> And that is a good thing given the shortage of rental housing.
>

Problem is purely the shortage of any housing. If hopeful owner-occupier
is waiting for insolvent builder to finish house, they are staying in
rental longer.

Re: Negative gearing.

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From: rod.spee...@gmail.com (Rod Speed)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Sun, 04 Feb 2024 18:17:31 +1100
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 by: Rod Speed - Sun, 4 Feb 2024 07:17 UTC

Ozix <ozix@xizo.am> wrote
> Rod Speed wrote
>> Trevor Wilson <trevor@rageaudio.com.au> wrote
>>> Peter Jason wrote

>>>> Sleazy Albanese has this in his sights.

>>>> Expect to see a reduction in this benefit in the near future.

>>>> The benefits of this tax break has not reduced property prices nor
>>>> rent levels. Proponents of this scam have their snouts in the trough!

>>>> Like that Yankee fool Alan Greenspan keeping interest rates low of
>>>> umpteen years, hoping this would stimulate employment and investment,
>>>> instead gave speculators the green light to rape and loot!!!

>>>> BAH!

>>> Negative gearing is a legitimate form of tax minimisation.

>> But is something only the well off can use.

>>> It is unlikely to be changed any time soon.

>> Particularly as Albo is unlikely to breaktwo very obvious promises in
>> a row now.

>>> However, what does need to be addressed is
>>> the giant rort known as 'capital gains discount'.

>> That isnt a giant rort.

>>> This appallingly badly designed structure favours those
>>> investing housing over all other forms of investment.

>> And that is a good thing given the shortage of rental housing.

> Problem is purely the shortage of any housing.

Nope. Plenty are free to use negative gearing
to build new housing and rent it out.

> If hopeful owner-occupier is waiting for insolvent builderto finish
> house, they are staying in rental longer.

That is a tiny part of the rental market.

Re: Negative gearing.

<a920sid6ofaj35oboog5knkdim1qe73k8o@4ax.com>

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From: pj...@jostle.com (Peter Jason)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Mon, 05 Feb 2024 09:05:16 +1100
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 by: Peter Jason - Sun, 4 Feb 2024 22:05 UTC

On Sun, 04 Feb 2024 10:54:10 +1100, "Rod Speed"
<rod.speed.aaa@gmail.com> wrote:

>Peter Jason <pj@jostle.com> wrote
>
>> Sleazy Albanese has this in his sights.
>
>Dunno, doubt he would risk another broken promise.
>
>> Expect to see a reduction in this benefit in the near future.
>
>Unlikely.
>
>> The benefits of this tax break has notreduced property prices nor rent
>> levels.
>
>It was never intended to but it certainly
>does increase the available rental stock.
>
>Proponents of this scam have their snouts in the trough!
>
>> Like that Yankee fool Alan Greenspan keeping interest rates low of
>> umpteen years, hoping this would stimulate employment and investment,
>> instead gave speculators the green light to rape and loot!!!
>
>Nothing like with negative gearing.
>
>> BAH!
>
>Fuck off sheeple.

No, I won't.
Also we're being softened up for a vacancy tax, where unused sites
will incur a tax. Single-person households will have to pay.
Much like the window tax of the 1700s.
The Asian owners of empty high-rise towers expect this.

Re: Negative gearing.

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From: rod.spee...@gmail.com (Rod Speed)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Mon, 05 Feb 2024 09:45:08 +1100
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 by: Rod Speed - Sun, 4 Feb 2024 22:45 UTC

Peter Jason <pj@jostle.com> wrote
> Rod Speed <rod.speed.aaa@gmail.com> wrote
>> Peter Jason <pj@jostle.com> wrote

>>> Sleazy Albanese has this in his sights.

>> Dunno, doubt he would risk another broken promise.

>>> Expect to see a reduction in this benefit in the near future.

>> Unlikely.

>>> The benefits of this tax break has not
>>> reduced property prices nor rent levels.

>> It was never intended to but it certainly
>> does increase the available rental stock.

>> Proponents of this scam have their snouts in the trough!

>>> Like that Yankee fool Alan Greenspan keeping interest rates low of
>>> umpteen years, hoping this would stimulate employment and investment,
>>> instead gave speculators the green light to rape and loot!!!

>> Nothing like with negative gearing.

>>> BAH!

>> Fuck off sheeple.

> No, I won't.

OK, the dogs are off their chains.

> Also we're being softened up for a vacancytax, where unused sites will
> incur a tax.

Fantasy

> Single-person households will have to pay.

Even Albo isnt THAT stupid.

> Much like the window tax of the 1700s.

Nothing even remotely like.

> The Asian owners of empty high-rise towers expect this.

Irrelevant to what happens here.

Re: Negative gearing.

<l2dnmtFjfisU1@mid.individual.net>

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From: tre...@rageaudio.com.au (Trevor Wilson)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Tue, 6 Feb 2024 14:34:53 +1100
Lines: 61
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 by: Trevor Wilson - Tue, 6 Feb 2024 03:34 UTC

On 4/02/2024 11:01 am, Rod Speed wrote:
> Trevor Wilson <trevor@rageaudio.com.au> wrote
>> Peter Jason wrote
>
>>> Sleazy Albanese has this in his sights.  Expect to see a reduction
>>> in  this benefit in the near future.
>
>>> The benefits of this tax break has not reduced property prices nor
>>> rent levels.  Proponents of this scam have their snouts in the trough!
>
>>> Like that Yankee fool Alan Greenspan keeping interest rates low of
>>> umpteen years, hoping this would stimulate employment and investment,
>>> instead gave speculators the green light to rape and loot!!!
>
>>>  BAH!
>
>> Negative gearing is a legitimate form of tax minimisation.
>
> But is something only the well off can use.

**I know a few who use it, but aren't overly well off. It does benefit
any form of investment though. Business, for instance. And housing, of
course.

>
>> It is  unlikely to be changed any time soon.
>
> Particularly as Albo is unlikely to break two very obvious promises in a
> row now.

**Yeah, Dutton fell into that last one. Big time. Fucking idiot.

>
>> However, what does need to be  addressed isthe giant rort known as
>> 'capital gains discount'.
>
> That isnt a giant rort.

**Sure it is. It favours long term investments, over short term ones.
Like housing, for instance.

>
>> This  appallingly badly designed structure favours thoseinvesting
>> housing  over all other forms of investment.
>
> And that is a good thing given the shortage of rental housing.

**Clearly, it's not working.

>
>> Thanks John Howard for setting the scene for insane housing price rises.
>
> Bullshit. The reason for that has always been the vast number
> of immigrants relative to the rate of new houses builing built.

**No, there hasn't.

--
This email has been checked for viruses by Avast antivirus software.
www.avast.com

Re: Negative gearing.

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Date: Tue, 6 Feb 2024 11:45:25 +0800
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 by: Ozix - Tue, 6 Feb 2024 03:45 UTC

Trevor Wilson wrote:
>
> **Clearly, it's not working.

In hindsight, the $25,000 Homebuilder handout during the pandemic was
counter-productive. In WA, was no need for it, as COVID-zero kept
construction going. But the rush for renovations diverted tradies and
materials away from new houses, and increased the delays in finishing
anything.

Re: Negative gearing.

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From: rod.spee...@gmail.com (Rod Speed)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Tue, 06 Feb 2024 14:56:17 +1100
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 by: Rod Speed - Tue, 6 Feb 2024 03:56 UTC

Trevor Wilson <trevor@rageaudio.com.au> wrote
> Rod Speed wrote
>> Trevor Wilson <trevor@rageaudio.com.au> wrote
>>> Peter Jason wrote

>>>> Sleazy Albanese has this in his sights.

>>>> Expect to see a reduction in this benefit in the near future.

>>>> The benefits of this tax break has not reduced property prices nor
>>>> rent levels. Proponents of this scam have their snouts in the trough!

>>>> Like that Yankee fool Alan Greenspan keeping interest rates low of
>>>> umpteen years, hoping this would stimulate employment and investment,
>>>> instead gave speculators the green light to rape and loot!!!

>>>> BAH!

>>> Negative gearing is a legitimate form of tax minimisation.

>> But is something only the well off can use.

> I know a few who use it, but aren't overly well off.

That's very arguable given the fact of who owns more than one property.

> It does benefit any form of investment though.

Bullshit.

> Business, for instance.

That's not negative gearing.

> And housing, of course.

>>> It is unlikely to be changed any time soon.

>> Particularly as Albo is unlikely to breaktwo very obvious promises in
>> a row now.

> Yeah, Dutton fell into that last one. Big time. Fucking idiot.

More bullshit. Its really been the only thing that he has been
able to hang on Albo and it would have been stupid not to.

>>> However, what does need to be addressed is
>>> the giant rort known as 'capital gains discount'.

>> That isnt a giant rort.

> Sure it is. It favours long term investments, over short term ones

That doesn't make it a rort, stupid.

It actually penalises the undesirable flipping of propertys and
speculation.
..
> Like housing, for instance.

>>> This appallingly badly designed structure favours those
>>> investing housing over all other forms of investment.

>> And that is a good thing given the shortage of rental housing.

> Clearly, it's not working.

Nothing will ever fix such a difficult problem.

It clearly does see more choose to be landlords than would otherwise do
that.

>>> Thanks John Howard for setting thescene for insane housing price
>>> rises.

>> Bullshit. The reason for that has always been the vast number
>> of immigrants relative to the rate of new houses being built.

> No, there hasn't.

Corse there has.

Re: Negative gearing.

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From: rod.spee...@gmail.com (Rod Speed)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Tue, 06 Feb 2024 15:00:12 +1100
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 by: Rod Speed - Tue, 6 Feb 2024 04:00 UTC

Ozix <ozix@xizo.am> wrote
> Trevor Wilson wrote:

>> Clearly, it's not working.

> In hindsight, the $25,000 Homebuilder

It was actually $50K

> handout during the pandemic was counter-productive.

Bullshit. Without it there would have been even fewer new houses.

> In WA, was no need for it, as COVID-zero kept construction going.

Bullshit. And you lot never had covid-zero

> But the rush for renovations

No such animal.

> diverted tradies and materials away from new houses,and increased the
> delays in finishing anything.

But still produced more new houses than there would otherwise have been.

Re: Negative gearing.

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Newsgroups: aus.politics
Subject: Re: Negative gearing.
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 by: Peter Jason - Tue, 6 Feb 2024 05:38 UTC

On Mon, 05 Feb 2024 09:45:08 +1100, "Rod Speed"
<rod.speed.aaa@gmail.com> wrote:

>Peter Jason <pj@jostle.com> wrote
>> Rod Speed <rod.speed.aaa@gmail.com> wrote
>>> Peter Jason <pj@jostle.com> wrote
>
>>>> Sleazy Albanese has this in his sights.
>
>>> Dunno, doubt he would risk another broken promise.
>
>>>> Expect to see a reduction in this benefit in the near future.
>
>>> Unlikely.
>
>>>> The benefits of this tax break has not
>>>> reduced property prices nor rent levels.
>
>>> It was never intended to but it certainly
>>> does increase the available rental stock.
>
>>> Proponents of this scam have their snouts in the trough!
>
>>>> Like that Yankee fool Alan Greenspan keeping interest rates low of
>>>> umpteen years, hoping this would stimulate employment and investment,
>>>> instead gave speculators the green light to rape and loot!!!
>
>>> Nothing like with negative gearing.
>
>>>> BAH!
>
>>> Fuck off sheeple.
>
>> No, I won't.
>
>OK, the dogs are off their chains.
>
>> Also we're being softened up for a vacancytax, where unused sites will
>> incur a tax.
>
>Fantasy
>
>> Single-person households will have to pay.
>
>Even Albo isnt THAT stupid.
>
>> Much like the window tax of the 1700s.
>
>Nothing even remotely like.
>
>> The Asian owners of empty high-rise towers expect this.
>
>Irrelevant to what happens here.

I remember the governor of the reserve bank commenting that if people
could double up and live several to a house, then much of the problem
could be solved. Too right. There used to be granny flats, and
granny could take care of the kids while mummy went to work.
So....
Pressure off housing.
Pressure off day care.
Pressure off aged care.
Pressure off we poor struggling taxpayers!

Indeed the solution would be for interest rates to go MUCH higher so
forcing the idle poor to cohabit.

Re: Negative gearing.

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From: rod.spee...@gmail.com (Rod Speed)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Tue, 06 Feb 2024 16:56:25 +1100
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 by: Rod Speed - Tue, 6 Feb 2024 05:56 UTC

Peter Jason <pj@jostle.com> wrote
> Rod Speed <rod.speed.aaa@gmail.com> wrote
>> Peter Jason <pj@jostle.com> wrote
>>> Rod Speed <rod.speed.aaa@gmail.com> wrote
>>>> Peter Jason <pj@jostle.com> wrote

>>>>> Sleazy Albanese has this in his sights.

>>>> Dunno, doubt he would risk another broken promise.

>>>>> Expect to see a reduction in this benefit in the near future.

>>>> Unlikely.

>>>>> The benefits of this tax break has not
>>>>> reduced property prices nor rent levels.

>>>> It was never intended to but it certainly
>>>> does increase the available rental stock.

>>>> Proponents of this scam have their snouts in the trough!

>>>>> Like that Yankee fool Alan Greenspan keeping interest rates low of
>>>>> umpteen years, hoping this would stimulate employment and investment,
>>>>> instead gave speculators the green light to rape and loot!!!

>>>> Nothing like with negative gearing.

>>>>> BAH!

>>>> Fuck off sheeple.

>>> No, I won't.

>> OK, the dogs are off their chains.

>>> Also we're being softened up for a vacancy
>>> tax, where unused sites will incur a tax.

>> Fantasy

>>> Single-person households will have to pay.

>> Even Albo isnt THAT stupid.

>>> Much like the window tax of the 1700s.

>> Nothing even remotely like.

>>> The Asian owners of empty high-rise towers expect this.

>> Irrelevant to what happens here.

> I remember the governor of the reserve bank commentingthat if people
> could double up and live several to a house,then much of the problem
> could be solved. Too right.

Even Albo isnt THAT stupid.

> There used to be granny flats,

There still are and its even easier
to add one now than it ever was.

> and granny could take care of thekids while mummy went to work.

Nothing like your original shit.

> So....
> Pressure off housing.
> Pressure off day care.
> Pressure off aged care.
> Pressure off we poor struggling taxpayers!

Which is why it is now much easier to add a
granny flat than it ever used to be and there
is no requirement that it must be granny either.
You are free to rent it out to anyone you choose to.

> Indeed the solution would be for interest rates to go MUCH higher

Even Albo isnt THAT stupid.

> so forcing the idle poor to cohabit.

Even Albo isnt THAT stupid.

Re: Negative gearing.

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From: rotfl...@hotmail.com (Borax Man)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Thu, 8 Feb 2024 13:02:59 -0000 (UTC)
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 by: Borax Man - Thu, 8 Feb 2024 13:02 UTC

On 2024-02-06, Peter Jason <pj@jostle.com> wrote:
> On Mon, 05 Feb 2024 09:45:08 +1100, "Rod Speed"
><rod.speed.aaa@gmail.com> wrote:
>
>>Peter Jason <pj@jostle.com> wrote
>>> Rod Speed <rod.speed.aaa@gmail.com> wrote
>>>> Peter Jason <pj@jostle.com> wrote
>>
>>>>> Sleazy Albanese has this in his sights.
>>
>>>> Dunno, doubt he would risk another broken promise.
>>
>>>>> Expect to see a reduction in this benefit in the near future.
>>
>>>> Unlikely.
>>
>>>>> The benefits of this tax break has not
>>>>> reduced property prices nor rent levels.
>>
>>>> It was never intended to but it certainly
>>>> does increase the available rental stock.
>>
>>>> Proponents of this scam have their snouts in the trough!
>>
>>>>> Like that Yankee fool Alan Greenspan keeping interest rates low of
>>>>> umpteen years, hoping this would stimulate employment and investment,
>>>>> instead gave speculators the green light to rape and loot!!!
>>
>>>> Nothing like with negative gearing.
>>
>>>>> BAH!
>>
>>>> Fuck off sheeple.
>>
>>> No, I won't.
>>
>>OK, the dogs are off their chains.
>>
>>> Also we're being softened up for a vacancytax, where unused sites will
>>> incur a tax.
>>
>>Fantasy
>>
>>> Single-person households will have to pay.
>>
>>Even Albo isnt THAT stupid.
>>
>>> Much like the window tax of the 1700s.
>>
>>Nothing even remotely like.
>>
>>> The Asian owners of empty high-rise towers expect this.
>>
>>Irrelevant to what happens here.
>
> I remember the governor of the reserve bank commenting that if people
> could double up and live several to a house, then much of the problem
> could be solved. Too right. There used to be granny flats, and
> granny could take care of the kids while mummy went to work.
> So....
> Pressure off housing.
> Pressure off day care.
> Pressure off aged care.
> Pressure off we poor struggling taxpayers!
>
> Indeed the solution would be for interest rates to go MUCH higher so
> forcing the idle poor to cohabit.
>
>
Did the governor of the reserve bank really say something so braindead?

that would only increases prices further, as sellers and landlords will
be able to charge even more.

>

Re: Negative gearing.

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From: rotfl...@hotmail.com (Borax Man)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Thu, 8 Feb 2024 13:12:50 -0000 (UTC)
Organization: A noiseless patient Spider
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 by: Borax Man - Thu, 8 Feb 2024 13:12 UTC

On 2024-02-04, Ozix <ozix@xizo.am> wrote:
> Rod Speed wrote:
>> Trevor Wilson <trevor@rageaudio.com.au> wrote
>>> Peter Jason wrote
>>
>>>> Sleazy Albanese has this in his sights.  Expect to see a reduction
>>>> in  this benefit in the near future.
>>
>>>> The benefits of this tax break has not reduced property prices nor
>>>> rent levels.  Proponents of this scam have their snouts in the trough!
>>
>>>> Like that Yankee fool Alan Greenspan keeping interest rates low of
>>>> umpteen years, hoping this would stimulate employment and investment,
>>>> instead gave speculators the green light to rape and loot!!!
>>
>>>>  BAH!
>>
>>> Negative gearing is a legitimate form of tax minimisation.
>>
>> But is something only the well off can use.
>>
>>> It is  unlikely to be changed any time soon.
>>
>> Particularly as Albo is unlikely to break two very obvious promises in a
>> row now.
>>
>>> However, what does need to be  addressed isthe giant rort known as
>>> 'capital gains discount'.
>>
>> That isnt a giant rort.
>>
>>> This  appallingly badly designed structure favours thoseinvesting
>>> housing  over all other forms of investment.
>>
>> And that is a good thing given the shortage of rental housing.
>>
>
> Problem is purely the shortage of any housing. If hopeful owner-occupier
> is waiting for insolvent builder to finish house, they are staying in
> rental longer.

No, the problem is insane immigration, poor monetary policy,
loose lending standards and incentices which promote asset hoarding.

we CANNOT build our way out of this. "Build more houses" has been the
mantra for ages and it hasn't worked. There has actually be a lot of
construction, but it can't keep up with dumb population policy.

Re: Negative gearing.

<secasihhpep7bo5d3sr6prtra6qde0qn1q@4ax.com>

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From: pj...@jostle.com (Peter Jason)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Fri, 09 Feb 2024 07:04:54 +1100
Organization: A noiseless patient Spider
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 by: Peter Jason - Thu, 8 Feb 2024 20:04 UTC

On Thu, 8 Feb 2024 13:02:59 -0000 (UTC), Borax Man
<rotflol2@hotmail.com> wrote:

>On 2024-02-06, Peter Jason <pj@jostle.com> wrote:
>> On Mon, 05 Feb 2024 09:45:08 +1100, "Rod Speed"
>><rod.speed.aaa@gmail.com> wrote:
>>
>>>Peter Jason <pj@jostle.com> wrote
>>>> Rod Speed <rod.speed.aaa@gmail.com> wrote
>>>>> Peter Jason <pj@jostle.com> wrote
>>>
>>>>>> Sleazy Albanese has this in his sights.
>>>
>>>>> Dunno, doubt he would risk another broken promise.
>>>
>>>>>> Expect to see a reduction in this benefit in the near future.
>>>
>>>>> Unlikely.
>>>
>>>>>> The benefits of this tax break has not
>>>>>> reduced property prices nor rent levels.
>>>
>>>>> It was never intended to but it certainly
>>>>> does increase the available rental stock.
>>>
>>>>> Proponents of this scam have their snouts in the trough!
>>>
>>>>>> Like that Yankee fool Alan Greenspan keeping interest rates low of
>>>>>> umpteen years, hoping this would stimulate employment and investment,
>>>>>> instead gave speculators the green light to rape and loot!!!
>>>
>>>>> Nothing like with negative gearing.
>>>
>>>>>> BAH!
>>>
>>>>> Fuck off sheeple.
>>>
>>>> No, I won't.
>>>
>>>OK, the dogs are off their chains.
>>>
>>>> Also we're being softened up for a vacancytax, where unused sites will
>>>> incur a tax.
>>>
>>>Fantasy
>>>
>>>> Single-person households will have to pay.
>>>
>>>Even Albo isnt THAT stupid.
>>>
>>>> Much like the window tax of the 1700s.
>>>
>>>Nothing even remotely like.
>>>
>>>> The Asian owners of empty high-rise towers expect this.
>>>
>>>Irrelevant to what happens here.
>>
>> I remember the governor of the reserve bank commenting that if people
>> could double up and live several to a house, then much of the problem
>> could be solved. Too right. There used to be granny flats, and
>> granny could take care of the kids while mummy went to work.
>> So....
>> Pressure off housing.
>> Pressure off day care.
>> Pressure off aged care.
>> Pressure off we poor struggling taxpayers!
>>
>> Indeed the solution would be for interest rates to go MUCH higher so
>> forcing the idle poor to cohabit.
>>
>>
>Did the governor of the reserve bank really say something so braindead?

He said only "if people lived together" there would less pressure on
housing. I have extrapolated.

And I forgot to mention the vast amounts of money thrown away by the
idle poor on international travel, a wholly unnecessary expense which
benefits only the overseas gypsies. And the airlines, I suppose.
>
>that would only increases prices further, as sellers and landlords will
>be able to charge even more.
>
No, because there would be less demand.
>>

And, while I'm at it, why not re-introduce the luxury tax? And death
duties?

Re: Negative gearing.

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From: gettingm...@nutcasewannabeFran.com (Fran)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Fri, 9 Feb 2024 08:05:14 +1100
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 by: Fran - Thu, 8 Feb 2024 21:05 UTC

On 9/02/2024 12:12 am, Borax Man wrote:
> On 2024-02-04, Ozix <ozix@xizo.am> wrote:
snip
>> Problem is purely the shortage of any housing. If hopeful owner-occupier
>> is waiting for insolvent builder to finish house, they are staying in
>> rental longer.
>
> No, the problem is insane immigration, poor monetary policy,
> loose lending standards and incentices which promote asset hoarding.
>
> we CANNOT build our way out of this. "Build more houses" has been the
> mantra for ages and it hasn't worked. There has actually be a lot of
> construction, but it can't keep up with dumb population policy.

I'm not a fan of our immigration policies given the limitations imposed
by the nature of our ancient fragile landscape but unfortunately much of
what you call "insane immigration" and "dumb population policy" is what
drives our economy, fills needed skills shortages and provides workers
for jobs native born Australians aren't prepared to do.

If you believe me, google it as there is lots of information out there
to support what I've said.

Re: Negative gearing.

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From: rod.spee...@gmail.com (Rod Speed)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Fri, 09 Feb 2024 09:23:11 +1100
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 by: Rod Speed - Thu, 8 Feb 2024 22:23 UTC

On Fri, 09 Feb 2024 08:05:14 +1100, Fran
<gettingmoredelusionalbythedayistheforger@nutcasewannabefran.com> wrote:

> On 9/02/2024 12:12 am, Borax Man wrote:
>> On 2024-02-04, Ozix <ozix@xizo.am> wrote:
> snip
>>> Problem is purely the shortage of any housing. If hopeful
>>> owner-occupier
>>> is waiting for insolvent builder to finish house, they are staying in
>>> rental longer.
>> No, the problem is insane immigration, poor monetary policy,
>> loose lending standards and incentices which promote asset hoarding.
>> we CANNOT build our way out of this. "Build more houses" has been the
>> mantra for ages and it hasn't worked. There has actually be a lot of
>> construction, but it can't keep up with dumb population policy.

> I'm not a fan of our immigration policies given the limitationsimposed
> by the nature of our ancient fragile landscape

It isnt fragile.

> but unfortunately much of what you call "insane immigration"and "dumb
> population policy" is what drives our economy,

Bullshit.

> fills needed skills shortages

Bullshit.

> and provides workers for jobs nativeborn Australians aren't prepared to
> do.

No such animal.

> If you believe me, google it as there is lots of information out there
> to support what I've said.

Bullshit on all of your stupid claims.

Re: Negative gearing.

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From: pet...@gmail.com (Petzl)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Fri, 09 Feb 2024 11:27:52 +1100
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 by: Petzl - Fri, 9 Feb 2024 00:27 UTC

On Fri, 09 Feb 2024 09:23:11 +1100, "Rod Speed"
<rod.speed.aaa@gmail.com> wrote:

>On Fri, 09 Feb 2024 08:05:14 +1100, Fran
><gettingmoredelusionalbythedayistheforger@nutcasewannabefran.com> wrote:
>
>> On 9/02/2024 12:12 am, Borax Man wrote:
>>> On 2024-02-04, Ozix <ozix@xizo.am> wrote:
>> snip
>>>> Problem is purely the shortage of any housing. If hopeful
>>>> owner-occupier
>>>> is waiting for insolvent builder to finish house, they are staying in
>>>> rental longer.
>>> No, the problem is insane immigration, poor monetary policy,
>>> loose lending standards and incentices which promote asset hoarding.
>>> we CANNOT build our way out of this. "Build more houses" has been the
>>> mantra for ages and it hasn't worked. There has actually be a lot of
>>> construction, but it can't keep up with dumb population policy.
>
>> I'm not a fan of our immigration policies given the limitationsimposed
>> by the nature of our ancient fragile landscape
>
>It isnt fragile.
>
>> but unfortunately much of what you call "insane immigration"and "dumb
>> population policy" is what drives our economy,
>
>Bullshit.
>
>> fills needed skills shortages
>
>Bullshit.
>
>> and provides workers for jobs nativeborn Australians aren't prepared to
>> do.
>
>No such animal.
>
>> If you believe me, google it as there is lots of information out there
>> to support what I've said.
>
>Bullshit on all of your stupid claims.
>
What you expect from the head of the Dumb 4.
You are absolutely correct.
Enter dumb one 2, Ordog the Fran brown noser.
--
Petzl
We know the inane Dumb4 are lying,
they know they are lying,
they know we know they are lying,
we know they know we know they are lying,
but they are still lying.
"Aleksandr Isayevich Solzhenitsyn"

Re: Negative gearing.

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Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Fri, 09 Feb 2024 11:52:11 +1100
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 by: Petzl - Fri, 9 Feb 2024 00:52 UTC

On Thu, 8 Feb 2024 13:12:50 -0000 (UTC), Borax Man
<rotflol2@hotmail.com> wrote:

>On 2024-02-04, Ozix <ozix@xizo.am> wrote:
>> Rod Speed wrote:
>>> Trevor Wilson <trevor@rageaudio.com.au> wrote
>>>> Peter Jason wrote
>>>
>>>>> Sleazy Albanese has this in his sights.  Expect to see a reduction
>>>>> in  this benefit in the near future.
>>>
>>>>> The benefits of this tax break has not reduced property prices nor
>>>>> rent levels.  Proponents of this scam have their snouts in the trough!
>>>
>>>>> Like that Yankee fool Alan Greenspan keeping interest rates low of
>>>>> umpteen years, hoping this would stimulate employment and investment,
>>>>> instead gave speculators the green light to rape and loot!!!
>>>
>>>>>  BAH!
>>>
>>>> Negative gearing is a legitimate form of tax minimisation.
>>>
>>> But is something only the well off can use.
>>>
>>>> It is  unlikely to be changed any time soon.
>>>
>>> Particularly as Albo is unlikely to break two very obvious promises in a
>>> row now.
>>>
>>>> However, what does need to be  addressed isthe giant rort known as
>>>> 'capital gains discount'.
>>>
>>> That isnt a giant rort.
>>>
>>>> This  appallingly badly designed structure favours thoseinvesting
>>>> housing  over all other forms of investment.
>>>
>>> And that is a good thing given the shortage of rental housing.
>>>
>>
>> Problem is purely the shortage of any housing. If hopeful owner-occupier
>> is waiting for insolvent builder to finish house, they are staying in
>> rental longer.
>
>No, the problem is insane immigration, poor monetary policy,
>loose lending standards and incentices which promote asset hoarding.
>
>we CANNOT build our way out of this. "Build more houses" has been the
>mantra for ages and it hasn't worked. There has actually be a lot of
>construction, but it can't keep up with dumb population policy.
>
All get Federal government secretly paying their rent!
Went to Edmondson Park Service Centre, no street signs, asked around
six people what street this is all "I can;t speak English"

Capital gains needs to only allowable on one extra property.
But most politicians use this scam.

Asylum seekers need to be housed in compounds till the at least have a
reasonable amount of English and answer qustions about our Lords
"Sermon on the Mount"
<https://www.kingjamesbibleonline.org/sermon-on-mount_bible/>
or https://t.ly/4H-f3
--
Petzl
Think of Christianity as Australia's immune system.
The Christian belief and fact is Moslems are deceived.
Like Schizophrenics, they need therapy;
Not confirmation of their delusions.
The recognized place of worship in a Christian Nation is a Christian Church.
Mosques are the recognized place of worship only in Moslem countries
Australia's only legally defined God is our Christian God whose compound redemptive name is Lord Jesus Christ
Something as simple as denying Moslems a place to pray is all it takes to make them leave voluntarily and peacefully.

Re: Negative gearing.

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Subject: Re: Negative gearing.
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 by: Ördög - Fri, 9 Feb 2024 01:40 UTC

Petz sends urgent advisory from his alternate Universe

/snip lots of crap/

> All get Federal government secretly paying their rent!

Rubbish! Conspiracy kookery at its very best!
Petz dear, your tinfoil hat is leaking badly. :-P

> Went to Edmondson Park Service Centre, no street signs, asked around
> six people what street this is all "I can;t speak English"

So what! Who cares! Learn some foreign languages if this disturbs you
sooooo much ... hang on! My bad!
I have completely forgotten that you are absolutely learn resistant. :-P

> Capital gains needs to only allowable on one extra property.

Strangely enough, you are quite right on that issue.

> But most politicians use this scam.

I have spoken too soon. :-(

Alas, that is rubbish. Capitalists politicians do what capitalism
allows...using laws and regulations to their own advantage...just look
at Voldemort Gestapo Dutton's real estate portfolios.
>
> Asylum seekers need to be housed in compounds > till the at least have a
> reasonable amount of English ...

And that would cost less taxpayers moneys...how?

But I'd agree, all new immigrants who arrive here w/o the necessary
skills to get on their own feet immediately should be offered proper and
safe accommodation, intensive language courses and job assistance.
That is how a civilised nation should treat new arrivals.

> and answer qustions about our Lords
> "Sermon on the Mount"

Your "Lord" Sky-fairy is not *OURS*!

Australia is secular country with guaranteed freedom of religion.
X-tian fundy indoctrination is not a prerequisite for the path to
citizenship.
Fuck off Petz! Stop this fundamentalist nonsense. You are as extremist
in religion as any brave member of the Taliban is!

NOTE:
Your idiotic extremist and/or Xtian fundy hate propaganda and high
octane Goon-bag fumes induced fantasy sig (that quite often contains
uncredited, therefore clearly plagiarised material pinched from
countless alt-right sources) was flushed down the gurgler, as always,
without reading!

You can't avoid that no matter how many times you repeat such rubbish at
the end of your posts.

--
Ördög
The on duty Newsgroup Devil

Re: Negative gearing.

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From: rod.spee...@gmail.com (Rod Speed)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Fri, 09 Feb 2024 13:00:47 +1100
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 by: Rod Speed - Fri, 9 Feb 2024 02:00 UTC

On Fri, 09 Feb 2024 11:27:52 +1100, Petzl <petzlx@gmail.com> wrote:

> On Fri, 09 Feb 2024 09:23:11 +1100, "Rod Speed"
> <rod.speed.aaa@gmail.com> wrote:
>
>> On Fri, 09 Feb 2024 08:05:14 +1100, Fran
>> <gettingmoredelusionalbythedayistheforger@nutcasewannabefran.com> wrote:
>>
>>> On 9/02/2024 12:12 am, Borax Man wrote:
>>>> On 2024-02-04, Ozix <ozix@xizo.am> wrote:

>>>>> Problem is purely the shortage of any housing. If hopeful
>>>>> owner-occupier
>>>>> is waiting for insolvent builder to finish house, they are staying in
>>>>> rental longer.
>>>> No, the problem is insane immigration, poor monetary policy,
>>>> loose lending standards and incentices which promote asset hoarding.
>>>> we CANNOT build our way out of this. "Build more houses" has been
>>>> the
>>>> mantra for ages and it hasn't worked. There has actually be a lot of
>>>> construction, but it can't keep up with dumb population policy.
>>
>>> I'm not a fan of our immigration policies given the limitationsimposed
>>> by the nature of our ancient fragile landscape
>>
>> It isnt fragile.
>>
>>> but unfortunately much of what you call "insane immigration"and "dumb
>>> population policy" is what drives our economy,
>>
>> Bullshit.
>>
>>> fills needed skills shortages
>>
>> Bullshit.
>>
>>> and provides workers for jobs nativeborn Australians aren't prepared
>>> to
>>> do.
>>
>> No such animal.
>>
>>> If you believe me, google it as there is lots of information out there
>>> to support what I've said.
>>
>> Bullshit on all of your stupid claims.

> What you expect from the head of the Dumb 4.

She is the stinking arsehole.

> You are absolutely correct.

As always.

> Enter dumb one 2, Ordog the Fran brown noser.

Which proves that she is the dumb 4 arsehole

Re: Negative gearing.

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From: rod.spee...@gmail.com (Rod Speed)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Fri, 09 Feb 2024 13:05:05 +1100
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 by: Rod Speed - Fri, 9 Feb 2024 02:05 UTC

On Fri, 09 Feb 2024 11:52:11 +1100, Petzl <petzlx@gmail.com> wrote:

> On Thu, 8 Feb 2024 13:12:50 -0000 (UTC), Borax Man
> <rotflol2@hotmail.com> wrote:
>
>> On 2024-02-04, Ozix <ozix@xizo.am> wrote:
>>> Rod Speed wrote:
>>>> Trevor Wilson <trevor@rageaudio.com.au> wrote
>>>>> Peter Jason wrote
>>>>
>>>>>> Sleazy Albanese has this in his sights. Expect to see a reduction
>>>>>> in this benefit in the near future.
>>>>
>>>>>> The benefits of this tax break has not reduced property prices nor
>>>>>> rent levels. Proponents of this scam have their snouts in the
>>>>>> trough!
>>>>
>>>>>> Like that Yankee fool Alan Greenspan keeping interest rates low of
>>>>>> umpteen years, hoping this would stimulate employment and
>>>>>> investment,
>>>>>> instead gave speculators the green light to rape and loot!!!
>>>>
>>>>>> BAH!
>>>>
>>>>> Negative gearing is a legitimate form of tax minimisation.
>>>>
>>>> But is something only the well off can use.
>>>>
>>>>> It is unlikely to be changed any time soon.
>>>>
>>>> Particularly as Albo is unlikely to break two very obvious promises
>>>> in a
>>>> row now.
>>>>
>>>>> However, what does need to be addressed isthe giant rort known as
>>>>> 'capital gains discount'.
>>>>
>>>> That isnt a giant rort.
>>>>
>>>>> This appallingly badly designed structure favours thoseinvesting
>>>>> housing over all other forms of investment.
>>>>
>>>> And that is a good thing given the shortage of rental housing.
>>>>
>>>
>>> Problem is purely the shortage of any housing. If hopeful
>>> owner-occupier
>>> is waiting for insolvent builder to finish house, they are staying in
>>> rental longer.
>>
>> No, the problem is insane immigration, poor monetary policy,
>> loose lending standards and incentices which promote asset hoarding.
>>
>> we CANNOT build our way out of this. "Build more houses" has been the
>> mantra for ages and it hasn't worked. There has actually be a lot of
>> construction, but it can't keep up with dumb population policy.

> All get Federal government secretly paying their rent!

Bullshit.

> Went to Edmondson Park Service Centre, no street signs, askedaround six
> people what street this is all "I can;t speak English"

But google maps will tell you for free.

> Capital gains needs to only allowable on one extra property.

Thats mad. The would see fewer landlords, stupid.

> But most politicians use this scam.

Bullshit and it isnt a scam.

> Asylum seekers need to be housed in compounds

Fuck that, stupidly expensive.

> still the at least have a reasonable amount of English

Which is never for most of them.

> and answer qustions about our Lords "Sermon on the Mount"

Unconstitutional given S113

> <https://www.kingjamesbibleonline.org/sermon-on-mount_bible/>
> or https://t.ly/4H-f3

Re: Negative gearing.

<uq4ged$2gtsq$1@dont-email.me>

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https://www.novabbs.com/aus+uk/article-flat.php?id=33213&group=aus.politics#33213

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From: gettingm...@nutcasewannabeFran.com (Fran)
Newsgroups: aus.politics
Subject: Re: Negative gearing.
Date: Fri, 9 Feb 2024 17:24:11 +1100
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 by: Fran - Fri, 9 Feb 2024 06:24 UTC

On 9/02/2024 12:40 pm, Ördög wrote:
> Petz sends urgent advisory from his alternate Universe
>
> /snip lots of crap/

>> Capital gains needs to only allowable on one extra property.
>
> Strangely enough, you are quite right on that issue.
>
>> But most politicians use this scam.
>
> I have spoken too soon. :-(

:-)))))))

>
> Alas, that is rubbish. Capitalists politicians do what capitalism
> allows...using laws and regulations to their own advantage...just look
> at Voldemort Gestapo Dutton's real estate portfolios.

Which can be seen here:
https://www.aph.gov.au/-/media/03_Senators_and_Members/32_Members/Register/47P/CF/Dutton_47P.pdf?la=en&hash=E1230B4D19AD2F2E98544BCC3F3165BF18177B20

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