admin10175 replied to the topic Negative Gearing Question in the forum General Property 20 years, 11 months ago
Regina,
the reality is that when Paul Keating abolished negative gearing in 1986, property investing ceased and consequently rentals soared. It only lasted 18 months because by trying to hurt the wealthy, the Hawke government actually hurt those at the bottom end of the economy. And that was when there was public housing!
My firm belief is…[Read more]