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Re: Australia to ban foreigners from buying some homes as costs soar

Cross-posted to 6 groups.

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Petzl <petzlx@gmail.com> wrote
> Rod Speed <rod.speed.aaa@gmail.com> wrote

>>>> Similar happening in this country.  A developer put up 200 new houses
>>>> and half were bought by investment firms.  They will rent them out and
>>>> are driving up rental prices.

>>> Price of housing and rents can be controlled (lowered) by raising the
>>> "Capital Gains tax" on negative gearing.

>> There is no capital gains tax on negative gearing.

>> There is JUST a lower capital gains tax on longer financial investments
>> and its there because its impossible to separate real capital gain from
>> inflation of that financial investment. Nothing to do with negative
>> gearing.

> <https://www.suburbsfinder.com.au/capital-gains-tax-calculator-know-how-much-should-you-pay/>
>    https://t.ly/K4997
> Capital Gains Tax Calculator – Know How Much Should You Pay
> Are you thinking of selling a home or property? You have to pay
> Capital Gains Tax (CGT) on the sale based on your taxable income.
> This CGT applies in Australia whenever you sell an investment
> property, shares, or other assets at a profit. But it doesn’t apply to
> most personal property and items, such as your car or family home.

Says absolutely NOTHING about NEGATIVE GEARING

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Thread

Australia to ban foreigners from buying some homes as costs soar J White <jwhite@none.com> - 2025-02-17 08:00 +0000
  Re: Australia to ban foreigners from buying some homes as costs soar "Rod Speed" <rod.speed.aaa@gmail.com> - 2025-02-17 19:32 +1100
  Re: Australia to ban foreigners from buying some homes as costs soar Petzl <petzlx@gmail.com> - 2025-02-17 20:08 +1100
    Re: Australia to ban foreigners from buying some homes as costs soar "Rod Speed" <rod.speed.aaa@gmail.com> - 2025-02-18 04:54 +1100
    Re: Australia to ban foreigners from buying some homes as costs soar Java <java@boner.org> - 2025-02-18 22:31 -0800
      Re: Australia to ban foreigners from buying some homes as costs soar Petzl <petzlx@gmail.com> - 2025-02-19 18:33 +1100
        Re: Australia to ban foreigners from buying some homes as costs soar "Rod Speed" <rod.speed.aaa@gmail.com> - 2025-02-19 19:24 +1100
          Re: Australia to ban foreigners from buying some homes as costs soar Petzl <petzlx@gmail.com> - 2025-02-19 19:38 +1100
            Re: Australia to ban foreigners from buying some homes as costs soar "Rod Speed" <rod.speed.aaa@gmail.com> - 2025-02-19 19:54 +1100
              Re: Australia to ban foreigners from buying some homes as costs soar Petzl <petzlx@gmail.com> - 2025-02-19 20:30 +1100
              Re: Australia to ban foreigners from buying some homes as costs soar Roderick <noreply@mixmin.net> - 2025-02-19 11:12 +0000
                Re: Australia to ban foreigners from buying some homes as costs soar Petzl <petzlx@gmail.com> - 2025-02-20 08:55 +1100
                Re: Australia to ban foreigners from buying some homes as costs soar "Rod Speed" <rod.speed.aaa@gmail.com> - 2025-02-20 09:27 +1100
  Re: Australia to ban foreigners from buying some homes as costs soar Ed P <esp@snet.n> - 2025-02-17 08:29 -0500
    Re: Australia to ban foreigners from buying some homes as costs soar Petzl <petzlx@gmail.com> - 2025-02-18 07:21 +1100
      Re: Australia to ban foreigners from buying some homes as costs soar "Rod Speed" <rod.speed.aaa@gmail.com> - 2025-02-18 09:03 +1100
        Re: Australia to ban foreigners from buying some homes as costs soar Petzl <petzlx@gmail.com> - 2025-02-18 10:03 +1100
          Re: Australia to ban foreigners from buying some homes as costs soar "Rod Speed" <rod.speed.aaa@gmail.com> - 2025-02-18 10:51 +1100
            Re: Australia to ban foreigners from buying some homes as costs soar Petzl <petzlx@gmail.com> - 2025-02-18 11:25 +1100
              Re: Australia to ban foreigners from buying some homes as costs soar "Rod Speed" <rod.speed.aaa@gmail.com> - 2025-02-18 13:25 +1100

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