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> When I arrived here in 2011, I thought real estate was cheap compared to rents, that equation has completely flipped. As long as it's possible to negatively
by nickcox 5y ago
> When I arrived here in 2011, I thought real estate was cheap compared to rents, that equation has completely flipped.
As long as it's possible to negatively gear unrelated income while building up a property portfolio it makes sense that people will be happy to lose money on rents in order to take advantage of capital gains discounts down the track.