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

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

> It explains what Capital gains, one will pay on selling a
> negative geared property

It applys to selling ANY property, not just negative geared property,  
fuckwit.

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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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