It’s better to keep a tenant in a property now,rather than waiting months without rent and hoping to get someone in at a higher price.
Surely Labor should be acting to make renting more secure and to make it easier for you or your children to buy your own home.
Detached house prices are now so high in Sydney that even fairly modest percentage increases translate into large sums of money.
The problem with not paying principal on a mortgage is that you are relying on price growth to build equity in your property. And you do eventually want to pay it off.
First-home buyers are back in the market at levels not seen since 2009,but the housing affordability debate lurks just beneath the surface.
Any politician who claims to care about housing affordability but leaves negative gearing untouched ought to be laughed off the podium.
Chief economist at AMP Capital,Shane Oliver,said the ability to live in a region and commute less often would revolutionise the market and stamp out price bubbles.
Negative gearing losses reached $13 billion ahead of the 2019 election but new figures show many voters in key states benefit from the system.
Australia's 2 million landlords will miss out on billions of dollars in rental income over the next two years as tenants struggle to pay,with housing market researchers suspecting many more property investors will claim a financial loss.
"If you do the same things in politics,you can expect the same outcomes,"Labor leader Anthony Albanese told the weekly caucus meeting.
John Tait's article raises the interesting argument that Biblical passages are always reinterpreted and misused according to different contexts.