thanks still in school

neg gearing has created an artificial diversion of investment into bricks and mortar to the general detriment of australian industry – could this be partly responsible for our declining standard of living and continued reliance on imports/inability to produce our own goods??

Dear Auspop
i dont believe for a second that negative gearing has anything to do with the fact that we using more and more imports but more to do with the fact that other countries can produce it cheaper, plain and simple. Sunbeam has just started producing their appliances in china now so that it can sell them here for the same amount as the Australian made ones but make more profit.
“OUR DECLINING STANDARD OF LIVING” What the??? how can you say our standard of living is declining.

The abolition of neg gearing would boost rents so much that, tax deductions aside, the returns would probably be about the same as prior to abolition anyway.

But the problem with that is then vacancies increase dramatically because more people start buying house instead of renting.

thanks simon

hey anybody

me and my partner are wanting to purchase our first investment property but are unsure what steps to take in order to purchase the investment. we currently have our own home and are thinking about using the equity in that. the problem lies in the fact that when we built our house we lacked the money to landscape it and looking out the back looks a little like a dessert we are not sure whether to wait till we have saved a few thousand (could take a while) or just go ahead and invest as i heard that when refinnacing the bank will come and look at the property. because of the house boom though we still think that we would have at least 100k in equity.

any help would be muchly appreciated

thanks Simon

Thanks for the help mel

your a champion

simon

hi all

just a quick question does any one know of a good website for qld to star investigating potential properties to buy

thanks
simon

hi alll

yeah i agree with arty
I like the seminar idea..

but it would be hard to arrange times that most of us can be online at the same time…

Unless we have a seminar room, and advertise the forum times in the MEDIA forum board…

and also have a 24/7 room for those that just want to chew the fat at weird hours..

to keep everyone happy

that would be great as i work shift work and would love the real time chatting

p.s this is an awesome website

simon

hey phobia
i am in the same boat as you i live on the gold coast and have the enough resources to buy 1 or 2 investment properties and are very keen on meeting like minded people to create a plan doing the same thing. is there anyone else on the gold coast or brisbane.

simon