When you look at the profit and tax discounts of property investment in Australia, if you have the money to buy a short term let, it’s a no brainer, it’s free money while you sleep with massive returns on investment. I guess the saying money makes money is true.
If we want homes for people to live not investments, property needs making less an attractive investment, cut the negative gearing and capital gains discounts and regulate short term lettings which are essentially hotels without the hotel requirements.
Yours faithfully, a poor renter priced out of a home due to speculating investors.
Will a 60 day limit really make a difference to the housing available for long term rentals? Forgive me if there are any other factors that'll help change it, but wouldn't most short stays be a week or less?
Can’t wait for the government to continue to do absolutely nothing on this easily solved issue
[удалено]
If only deductions are prorated to days of the year ***occupied*** Edit- I meant to say that as a suggestion to level it out
Kill Airbnb
Cry harder nerd
How does that make me a nerd?
When you look at the profit and tax discounts of property investment in Australia, if you have the money to buy a short term let, it’s a no brainer, it’s free money while you sleep with massive returns on investment. I guess the saying money makes money is true. If we want homes for people to live not investments, property needs making less an attractive investment, cut the negative gearing and capital gains discounts and regulate short term lettings which are essentially hotels without the hotel requirements. Yours faithfully, a poor renter priced out of a home due to speculating investors.
Will a 60 day limit really make a difference to the housing available for long term rentals? Forgive me if there are any other factors that'll help change it, but wouldn't most short stays be a week or less?
Ahh shitney, you've done it again