3 - Housing Crisis in Australia
The Red Line
00:00
The Benefits of Negative Gearing
negative gearing allows someone that has an investment property let's say that you rent that out, and you get 500 dollars a week rent, but your mortgage to pay that off is 600 or 700 dollars a week. So you get to then deduct that extra that's coming out of your pocket, that's notfrenting the mortgage, you get to deduct that of your taxable income. But i think it's something that it does benefit those that have more than they have nots. As long as everything keeps going up in price, this works really well. But as soon as thi starts to go down in price, all of a sudden, the bank says, well, you know,
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