Australia is a weird place imo
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Date: July 4th, 2026 6:45 AM Author: Lawyers are the lowest form of life.
If you want to understand the housing ponzi/rentvesting, research capital gains tax discount and negative gearing.
There are guys on 60k salary who "own" like 75 homes just buy negatively gearing and trying to cash in on CGT discount.
Albanese finally got rid of CGT for investing and now homes are plateauing but it's still clown level. No one under the age of 50 can buy anything in Sydney these days.
(http://www.autoadmit.com/thread.php?thread_id=5876088&forum_id=2),#49978317) |
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