40: The Rent Is Too Damn Cooked (ft. Tom Tanuki)
Serious Danger
00:00
Rents Are Going Up, Are You Going to Fes All the Ship?
Rent control has a seductive, intuitive appeal. But the idea isn't necessarily the best solution to unaffordable renting. Landlords are effectively using their asset that they have complete free rein to charge as much as they want for and to recoup the cost of living in every other aspect of their life. Even if you're making a loss on your rental property, guess what? You get to use that to minimize your taxable income through negative gearing. So even for landlords who are rigting at a loss, which is the majority of landlords, by the way, you don't get, you're usy to cut down you tax bill. The answer is like, well, we should
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