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Ray White's chief economist has warned the RBA’s rate hike will lead to a withdrawal of investor activity and increase rents across the country. Nerida Conisbee…
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6 Comments
Hows that 5% looking now?
Landlords and property investors will get their money back by raising rents but wait there is more, they will also get tax breaks through the negative gearing legislation. The people who pays for it all are people who can't afford the good life in the lucky country. Those who work in low paid insecure jobs who cannot afford all this bourgeoisie lifestyle but fund the lifestyle of the bourgeois.
Honestly don't see the point trying anymore
Jim’s tax strategy: Labor squeezed housing supply, fuelled rental demand, drove up inflation and interest rates—and left Australians with a housing crisis, rising unemployment and underemployment.
First homebuyers should hold off for six months. Property prices will fall by 20% , maybe much more.
I just tightend my belt one more notch now I can't pee or crap
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