Last edited by BigRedV; 27-02-2016 at 05:37.
Eta: sorry probably should have quoted monnie
Last edited by HollyGolightly81; 27-02-2016 at 06:30.
I believe the government should put in better transport systems ( like fast trains) then buying in Newcastle or Nowra or Bathurst etc would be far easier and more affordable for first home buyers and they can still get into the city in less than half an hour!
@holly I can't Multiquote sorry. Yes I understand some jobs are only in Syd etc but that's why I think negative gearing is good because why make first home where you live. Buy in another state. Just saying....
I actually wish we bought the biggest house first. Instead we bought a tiny 2 bedroom house on 186sqm, fell pregnant, had a baby then upgraded to this house and did an extension. If we had've bought the bigger house first, we would've had heaps more paid off because we didn't have children and both working full time.
Last edited by BigRedV; 27-02-2016 at 07:06.
I've not once said I am against negative gearing, but I do think it should be capped at 2 or 3 properties. It's not fair that if you own enough investment properties that your income tax can be reduced to $0!
Last edited by BigRedV; 27-02-2016 at 07:35.
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