@Susan60 It is a fundamental human right. IMO peeps is creeps if they use housing acquisition as a means of personal enrichment. They are selfish greedy bastards, & elicit zero sympathy from me if they experience "mortgage distress" etc.

More, MUCH more, good quality affordable #PublicHousing pls, & an end to housing #NegativeGearing + #CapitalGainsTax exemptions.

Greedy bastards.

“A quarter of Australia’s property investments held by 1% of taxpayers”

#NegativeGearing is a con. #FixItAlbo

https://www.theguardian.com/australia-news/2023/jun/04/a-quarter-of-australias-property-investments-held-by-1-of-taxpayers-data-reveals?CMP=Share_iOSApp_Other

The #greens can hurt #labor at the next election and I’m looking forward to this if #labor do something about #negativegearing .

Price Controls will distort supplies! So what does Lowe think #negativegearing and #capitalgains. I used to defend this tosser but he really is a rich boy panda. #insiders

The Brisbane City Council approved the expansion of an #agedcare facility on land that flooded last year. The council is developer driven not smart driven.
That #labor refuses to get rid of #negativegearing and clean up #capitalgains is a reflection of the personal greed that drives them. #auspol

https://www.theguardian.com/australia-news/2023/may/28/bulimba-barracks-brisbane-river-site-development?CMP=Share_iOSApp_Other

That awkward moment you're outed as owning 7 homes on national TV #negativegearing #housing #rentalcrisis #publichousing #auspol

https://www.youtube.com/watch?v=zM1aRX0NpOc

This FedGov should have their desire to manipulate markets curtailed.

Having been told by my mother that #housing and rental is a state issue i pointed out to her that it is but the FedGov has manipulated and distorted it. #negativegearing #capitalgains

#Education …state but again Federal manipulate and give private schools more money.
#Agedcare …. was state but Fedgov instead of giving states money persuaded them to give it to them. Huge FUP.
#NDIS…again state but instead of handing over GST money to states they are persuaded to give up….Huge FUP.

Our FedGov has been playing footsies with Defence and what a corrupt mess this is and have never done that well ie Subs but the states still get sucked into handing over to them things that shouldn’t be handed over.

The one small blessing is states didn’t hand over Health to Fedgov so we didn’t have Morrison killing us during #covid
#auspol

“Philip Lowe says rebounding property market among reasons for shock RBA rate increase”

Rather than raising #RBA interest rate, why not index #NegativeGearing and it falls with #PropertyMarket rises?

https://www.theguardian.com/australia-news/2023/may/02/philip-lowe-says-rebounding-property-market-among-reasons-for-shock-rba-rate-increase?CMP=Share_iOSApp_Other

Good. #negativegearing #rental #ato
https://www.theguardian.com/australia-news/2023/apr/12/australian-tax-office-force-banks-hand-over-landlord-data-investment-property-crackdown?CMP=Share_iOSApp_Other

“We need more tax revenue, but don't ask the major parties how we'll get it”
#Stage3TaxCuts #NegativeGearing #FossilFuelSubsidies #PrivateSchoolFunding #IncreaseMedicareLevy
https://www.abc.net.au/news/2023-03-31/teal-mps-future-major-parties-dearth-of-bold-ideas/102166728

The 59 leading economists surveyed by Economic Society of #Australia were asked to pick from a list of options. How top economists would raise $20 billion per year.
#landtax #resourcetax #InheritanceTax #negativegearing #taxtherich #auspol

https://theconversation.com/inheritance-taxes-resource-taxes-and-an-attack-on-negative-gearing-how-top-economists-would-raise-20-billion-per-year-202630

https://www.abc.net.au/news/2022-11-21/homelessness-mooloolah-river-interchange-property-resumption/101666264

#homelessness #auspol #taxes #negativegearing #housing #capitalgains

The governments tax system which has destroyed the whole housing situation should be required to find homes for these people in the same community before they take their properties.

#housing is shelter and a human right, and should not be prioritised in policy as an investment vehicle. The social/economic harms of #negativegearing and CGT concessions are massive and ongoing. Serious policy change is required to help our future generations.

Why we can’t have nice things in Australia for everyone 😢#auspol #nswpol
#homelessness https://www.canberratimes.com.au/story/7967149/negative-gearing-to-set-budget-back-97b/?cs=14264
$97 Billion spent on #negativegearing

While whining, greedy Aussies such as Jane Turner in this morning #SMH below, complain about losing 3 negative geared properties & having to sell their house to buy an apartment 🎻🎻🎻 Try couch surfing, living in a tent, car or just on the streets!!
#negativegearing = Australia’s “cancer”

https://www.smh.com.au/money/planning-and-budgeting/i-had-three-negatively-geared-properties-then-i-lost-my-job-20221031-p5buaj.html?utm_medium=Social&utm_source=Twitter#Echobox=1667344724-1