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Actual Facts
Sky News Australia
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Comments by "Actual Facts" (@actualfacts1055) on "Housing still 'highly unaffordable' for many Australians" video.
I agree, tax deductions against investment income makes sense but tax deductions against salary makes no sense.
2
It's simple mate, the population keeps increasing forcing up property values in the most desirable locations.
2
Thanks to Labor people don't trust superannuation any more, the same as business no longer trusts Australia as a safe place to invest any more.
1
@anotherperspective8555 I am a self funded retiree from investing in shares outside of superannuation, no one ever got rich putting their money into bank accounts making bank shareholders rich. You can choose how your money is invested in superannuation if you can be bothered to examine the investment options available.
1
@anotherperspective8555 I did that too, but shares are a lot more flexible and you can make many small transactions and there is no stamp duty, legal fees, tenants and real estate agents to worry about. Stock analysis isn't for everyone but I find it interesting.
1
@bretloyd8097 They are only allowed to buy newly constructed property which encourages more apartments to be built but they should be taxed on the rental income whether they rent it out or not because a lot of them don't bother to rent them out.
1
@bretloyd8097 What do you mean by they can pay for exemptions, Chinese Australians are not foreign buyers if that's what you are thinking.
1
Property is the last safe tax haven in Australia thanks to Albanese and his property portfolio which of course he won't slug.
1
I have been investing in NDIS properties earning 15 percent per year in rent and it's for a good cause.
1
Because of Labor people don't trust superannuation any more so they are investing in the tax haven of property just like what Albanese does.
1
Why would you put money into superannuation when Labor is going to confiscate it, people are investing in property like Albanese does instead.
1
Albanese is slugging superannuation so people are investing in property instead just like what Albanese does with plenty of tax rorts which Albanese won't touch.
1
Hey Jim how many people have more than 3 million in super now, none Albo they have all taken in out to invest in property to get the tax rorts just like what you are getting, those arse holes, how can we confiscate their life savings now Jim, buggered if I know Albo.
1
While ever you can claim property tax deductions against your salary then investors will keep investing in property pricing first home buyers out of the market.
1
Everyone taking their money out of superannuation and buying property just like what Albanese is doing.
1