Following on from Malcolm Turnbull’s blog today and the Grattan Institute’s report, let’s weigh into the debate on negative gearing. So many opinion holders out there see negative gearing as a tax advantage enjoyed by the rich. They also think that this tax advantage is a real reason as to why property prices in some cities have soared and thus property becoming “un-affordable” – another great evocative word for the headlines. We assure you all that this is not the case, that these opinions ignore some fairly basic fundamentals AND show a real ignorance of how the Australian housing markets …

What a lot of fuss over negative gearing Read More »