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Joined 2 years ago
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Cake day: June 9th, 2023

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  • So what’s your solution then for rentals?

    You complain if they put incentives to stop buying multiple properties and increase the availability to people who want to stop renting, you complain if they don’t?

    Negative gearing mainly benefits wealthier people, and I know we had customers with 14+ houses they owned. They’re the main problem, because the more properties they buy, the bigger power they have over the market (monopolies).

    There already is a first home owners grant which benefits first home buyers (I know, because I used it).

    They need to add incentive for people to stop buying multiple properties, so more people can stop renting, and eliminating negative gearing could help with that.

    Unless of course you’re complaining because you never want to buy?


  • As others have said, would be good to have it mandatory for investment properties (with less subsidy). But still not a bad thing to have it for property owners too. Every bit is needed… A better solution to rectify the rental situation is eliminate negative gearing.

    That being said, I own my property and really looking forward to these changes. Home batteries were something I was considering (but was waiting for a rebate). I was also looking at new insulation too, as my neighbors have been f**king loud and there are too many dickheads on dirt bikes illegally traveling down my road (and wanted to reduce the noise in my house)

    So, happy with these changes. If Greens can match them, I’ll be super happy with voting for them.