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21 years in the Real Estate industry I just love what I do. Very fortunate to be working with fantastic people and meeting different people every day.

Tuesday, 4 December 2018

NEGATIVE GEARING & LABOR GOVERNMENT

Just listened to a pod cast from an economist who says that the Labor Government is definitely going to bring in no negative gearing and of course when they are going to do this is a bit of an unknown.  This is presuming that they will get into power.

If they are going to do that it should be implemented slowly and take away the stamp duty component of the housing market.

We are certainly in for some shaky times and if investors stop buying homes then there will be less for rentals available.  The question is do investors buy now or wait, if they wait and they pass the no negative gearing they will infact miss out on that tax benefit.

You really need to think before voting this time and see how it all pans out, the housing market affects so many different areas and people are already going into shut down mode.



MAKE YOUR OWN DECISIONS AND GIVE IT A REAL GO!!
SELLING MOSMAN PARK & THE WESTERN SUBURBS!!
KEEPING IT REAL IS OUR MOTTO!! 

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