At the end of the day, our national economy is underpinned by the property sector, and at the moment neither is doing overly well.

At the end of the day, our national economy is underpinned by the property sector, and at the moment neither is doing overly well.

In fact, inflation hit zero recently, which is a concern for our nation’s financial future.

So, even if Labor was to win the election, let’s hope that they recognise the folly of their policy and at the very least delay until the market and economy are in better shape.

However, the very best outcome would be that the policy is shelved indefinitely because it was never a sound, or even necessary, proposal to begin with.

Negative gearing is merely a taxation deduction that is available for anyone who invests in income-producing assets.

ljgrealestate

With less than two weeks until the Federal Election, it is clear that Labor’s negative gearing policy will either make or break its chances of winning office.

Industry experts have always considered the policy to be based on incorrect modelling, which may cause significant damage to our economy at a time when it seems to be just treading water.

There has also been recent industry research showing that the policy won’t raise the expected billions of dollars in revenue nor will it impact only a “small proportion” of investors.

As well as the financial consequences, however, restricting negative gearing to new property will likely see the market flooded with spruikers.

Whenever you financially motivate people to buy a specific product, there will always be dodgy operators not far behind, keen to make money from the unwary and then disappear just as quickly.
It’s happened before and it will happen again.

View original post 903 more words

About ljgrealestate 据联大

Removing the Hassle from Sales and Rentals across South East Queensland. Aim to Empower other like minded Property Investors. LJ Gilland Real Estate Pty Ltd LREA推荐书LJ Gilland房地产 http://ljgrealestate.com.au/testimonials/ http://ljgrealestate.com.au/competitive-commission/ http://ljgrealestate.com.au/property-management/ http://www.facebook.com/ljgrealestate L J Gilland Real Estate is a prestigious boutique agency specializing in Property Investment Management Services and the Sales of Investment Properties with tenants in place. Comprised of a top performing group of handpicked specialists, our Agents proudly serve Property Investors in Queensland. Since 1996 our Agency has demonstrated a genuine enjoyment of working with people, developing long-term relationships and delivering on the promise of great service. Carlos and Linda Debello offer property investor's the confidence to sell and lease in any market. We provide comprehensive market appraisals, exclusive multimedia marketing campaigns, and knowledgeable, highly personalized counsel on all aspects of real estate. Our Property Management Team is equally considerate, offering investors with in-depth advise, well-researched rental valuations, and highly professional rental management services. http://goanimate.com/movie/0M4bvcZzgIbI?utm_source=linkshare&uid=0u6RGtWsmlVc Carlos’ direct mobiles are 0400 833 800 & 0413560808. Linda’s mobiles are 0409995578 & 0414978700 (prefer email contact for Linda). Office 07 3263 6085. http://www.ljgrealestate.com.au http://www.yellowpages.com.au/qld/aspley/lj-gilland-real-estate-pty-ltd-14091356-listing.html http://au.linkedin.com/in/lindajanedebello http://twitter.com/GillandDebello http://www.facebook.com/pages/ljgrealestate
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s