LNP to cap negative gearing claims.

Discussion in 'Property Market Economics' started by aushousingcrash, 17th Jan, 2016.

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  1. Jake Milne

    Jake Milne Well-Known Member

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    Don't see interest rates increasing due to Official Cash Rate though. Only due to APRA restrictions. Banks are passing the cost onto the consumers so they can maintain their outstanding profits and shareholder dividends. Still, 3 and 5 year rates are starting to look good to me... You?
     
    Jake Milne, 22nd Feb, 2016
    #41
  2. Gockie

    Gockie Life is good ☺️ Premium Member

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    I hardly would want to rely on it either but playing devil's advocate you're going to want it if say half of your portfolio happen to be vacant at one time and insurance doesn't pay up. And there's always the risk of long vacancies or rents dropping in an area.
     
    Gockie, 22nd Feb, 2016
    #42
  3. sash

    sash Well-Known Member

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    Which is why you divesify around the country. Already had your scenario happen and it went ok
     
    sash, 22nd Feb, 2016
    #43
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