With negative gearing being such a hot button issue in Australia, it’d do us well to find out exactly what it is that we’re getting so riled up about.
With Sydney and Melbourne regularly being rated highly on the most expensive cities to live in, and with so many apartments in Melbourne’s CBD just sitting empty, is it any wonder people are getting angry?
With the disappearance of the first homeowner’s grant in most states and territories, it’s getting harder and harder for people to get into their first homes.
Could getting rid of negative gearing and thus so many ‘investment properties’ be the answer?
A lot of people seem to think so…