davide replied to the topic Will you buy if -ve gearing is abolished? in the forum The Treasure Chest 21 years, 2 months ago
-ve geared properties can be attractive in any situation. The difference is that without -ve gearing, you have to be sharper with the pen, and be sure the property is growing at a rate that justifies the costs – without the tax compensation. The danger is that the tax compensation has made people play fast and lose with the till.
Perhaps we can…[Read more]