@nick.mckim: Tax concessions for property investors like negative gearing and capital gains tax discounts are turbo charging the housing crisis. They are deeply unfair and need reform.
I’m not mad at the family with 1 investment property. I’m mad at the person with 10+ They seem to be greedy ones.
2024-02-06 12:59:30
30
Rowdy Marc :
you also know 75% of investers own only 1 house. so ya full of crap.
2024-02-06 08:20:11
2
💛🇦🇺Jwinters35🇦🇺💚 :
the ones angry about his point are probably property investors 😅
2024-02-06 04:34:10
42
brad :
Negative gearing the first home only so mum and dad investors can still survive and scrap for the rest of the properties
2024-02-06 06:58:11
10
Steve :
It’s multiple factors that make housing unaffordable. Anyone saying it’s just one thing that needs changing is lying.
2024-02-06 07:42:45
8
Cherry91 :
negative gearing is not the issue at all. the issue is lack of houses bring built.
2024-02-06 04:48:53
8
Gettingbyok :
Any more than one rental property and the tax subsidies get cancelled 👏💚💚💚
2024-02-21 14:20:58
4
Michel Schouten :
Whoever those politicians are they booing this guy should named and shamed.
2024-02-08 02:25:32
4
the_organisation.pty.ltd :
The reason the government did the tax incentives this originally was to help increase rentals without government intervention.
2024-02-12 09:37:21
3
Peter :
Spot on
2024-02-06 08:41:49
3
Brett :
the greens are completely shot and the only people believing there crap are the 18 to 25 year olds because they have no idea
2024-02-06 08:12:59
3
knight_takes_bishop :
yeah ban negative gearing from investors buying anytime after 2015 works for me
2024-02-06 04:57:13
3
Jeff :
those people are like me who now fund their own retirement. I have not received $1 from the Govt, so it seems they dont want ppl to get ahead in life
2024-02-24 03:51:48
2
GoldDustJojo🇦🇺 :
I’m an elder millennial and I have come to terms with the fact I’ll never get to buy a home or retire.. Thanks to the older, greedy generations.
2024-02-21 00:20:10
2
gBOT485645 :
It’s the same with shares, so why people care so much about property investments?
2024-02-18 01:34:13
2
pozzi :
most of the politicians in Canberra are who he is talking about
2024-02-13 13:30:47
2
Chris Trewin :
The other side of the coin is it means tax relief making it cheaper rent. This is hyperbolic language. Also helps have less people on the pension.
2024-02-11 07:39:10
2
Free Palestine 🇵🇸 🔻 :
completely ridiculous system, that's why you can't see it in another country
2024-02-06 05:11:58
2
🍉 ELLA 🧿 :
A pollie with a soul - love to see it
2024-02-06 04:40:11
2
.Burrjia82 :
💯💯💯💯Bloke!!
2024-02-06 04:35:30
2
Kymrhyl Oakenfist :
Labor has become the Liberal National Lite party.
2024-02-06 04:32:49
2
gBOT485645 :
This wouldn’t be an issue if there was supply - more poor planning by overpaid politicians
2024-02-18 01:35:41
1
chrisbrady6047 :
all politicians should be backing this
2024-02-15 19:37:10
1
Jasmin Lyneham :
here's an option for those that want it to go and those that don't. Cap it at 1 and double the tax on any additional investment home.
2024-02-13 23:32:06
1
cynical :
haha high rents due to increased interest rates. if we didn't have property investors no properties to rent homeless even worse.
2024-02-13 15:38:40
1
Jay Seeney :
We get a minor tax kickback for doing "your job" of housing the population.
2024-02-13 15:04:44
1
Cruel Princess :
This going to be awesome when we have a housing supply issue! When the govt subsidies are gone rents will skyrocket.
2024-02-12 14:08:21
1
JohnDaws_VDC :
You have no idea mate, removing negative gearing will have no positive impact on the current housing problem🤦🏻♂️
2024-02-12 01:01:29
1
Litostman :
There had to be something there to make an investor take the risk. When there is a benefit, there is investment which increases rental availability
2024-02-11 23:08:20
1
alexmarschall :
Let home buyers negatively gear their own houses then!
2024-02-11 20:11:35
1
Meeka :
Amen, finally someone raises the issue!!
2024-02-08 10:34:01
1
Steve :
Agree. If an investment only works if it is subsidised by the taxpayer then it is fundamentally flawed.
2024-02-06 13:56:41
1
foreveryoung :
Labor became Property Investors lacay, isn't it?
2024-02-06 04:38:48
1
user3746822447687 :
Is this bloke fair dinkum, I have 2 and I don’t get obscene amounts of money. That’s right he’s a politician don’t have to tell the truth
2024-03-03 22:54:33
0
rodma347 :
I claim deductions on my car yet doesn’t mean it’s a business 🤣
2024-03-03 05:38:46
0
Jonathan Armstron773 :
My rent went up from $500 to $695 per week. That’s nearly 40%. How’s that fair?
2024-03-01 07:43:05
0
tepski11 :
just realise more land it's the only way cheap land for first home owners
2024-02-26 12:43:04
0
chickendinners0409 :
Yes it bloody well is.
2024-02-25 08:56:08
0
Kingy :
Yes but how many politicians have this set up and will fight against changing it. Same as not having to sit a asset test to get a pension, bet they don't vote that our either. What a rip off
2024-02-17 23:55:16
0
Pwauliie 🕷 :
how about the tax payers choose where their tax goes and not some suspicious money laundering government? Stop taxing everything to get a bigger piece
2024-02-16 05:36:36
0
chrisbrady6047 :
any1 against him is probably part of the problem
2024-02-15 19:36:34
0
johnsmith6736 :
Ascending property tax to number of properties owned. More on empty ones.
2024-02-14 12:43:29
0
Jonas 🇦🇺🦘 :
Stop talking about tax and START BUILDING. WE NEED MORE SUPPLY. tax change will have no effect for at least 10 years or more.
2024-02-14 12:16:34
0
randomcaller01 :
Most investors stop at 1 or 2. Also had the tax rates stayed as legislated the tax rate reduction would have made NG less attractive.
2024-02-14 09:58:35
0
Richard Edwards :
He talks about renters who want to buy their home, well about about renters like us who will never be able to afford to buy a house?
2024-02-14 06:38:13
0
jeffhendon1 :
creating division is what politicians do
2024-02-14 06:30:59
0
user6736830658457 johnny o :
State taxes and property tax in Qld , at least , and this discouraged investors . It is a significant tax
2024-02-14 00:23:15
0
anndrewburt :
Should be used to promote new homes and first home buyers and to a lesser degree investors racking up home no 5 we should also look into empty homes
2024-02-13 23:58:22
0
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