The leader off the greens party wants to punish property moguls.
-- I'm allowed to own one extra flat or house. beyond that i become an evil property mogul. To be punished.
Here's a better thought:
If you buy an investment property. And you can't afford it. Then it is a bad investment.
If rental income does not cover the cost of ownership then it is a bad investment.
if you need the money then you sell the investment.
At present, the government pays, through tax perks, for your bad investment. What a terrible idea.
We live in a capitalist society. If you make a bad investment decision then you lose. There is no reason for a government to support fools who invest unwisely and lose.
Well, okay, they can get welfare. But the government should not be paying for an individual's deliberate investment losses.
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Dr Nick Lethbridge / Consulting Dexitroboper
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Dying for you to read my blog, at https://notdotdeaddotyet.blogspot.com.au/ :-)
The word "boobs" is so scary until you get to the second "b". (Alfred E. Neumann
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Dying for you to read my blog, at https://notdotdeaddotyet.blogspot.com.au/ :-)
The word "boobs" is so scary until you get to the second "b". (Alfred E. Neumann
1 comment:
I think Mr Shorten used to agree, but not many others did.
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