Its Edwin's Monday Evening Property Rant!
ฝัง
- เผยแพร่เมื่อ 30 ก.ย. 2024
- The latest news from our Property Insider Edwin Almeida, as we look at the latest moves from Government (including erecting statues!!) news from China, and the latest data. Things continue to show a gap between strategy and reality, as negative gearing questions emerge again!
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Money goes where it is treated best, our gov has made it favourable for money to follow property (PHONY ECONOMY WEALTH). It should have favoured business and job creation (REAL ECONOMY WEALTH)
Yes I completely agree.
Negative gearing is why our kids will never own property. Check out when it came in and when property prices became disconnected from incomes , He is soooo biased
Good evening Edwin and Martin thank you again for making my Monday night great 😊 🏆
Our pleasure!
Would be nice if housing was affordable and population was not growning this fast. People will be able to change properties easily if prices stabilise and do not continue extreme increases. Cut immigration intake. Ban foreign ownership of Australian properties. Negative gearing and CGT concessions should be reduced. Income taxes should be reduced. GST should increase. We need an overhaul of our tax and immigration systems.
Maybe, but definately CGT should be abolished. Why give governments good reason to formulate policy on property value increases. Easy money for them ..
@@lukebable in that case gst needs to go ,
Edwin "Even if prices were to drop say 50%, people still won't be able to get a loan and get in". Yup, I find this true for myself, and true for many people who are not wealthy or don't own a property already. Prices are so expensive that even if they crash by 50% they are still unaffordable, what a reality we live in.
Sapphire apartments got a good deal, more moves than a chessboard and the Australian government wants to build 1.2 million dog boxes on top , what a joke
Please remember inflation is running over 20%.
wow ground hog day again.
Property prices were out of control well before the immigration boost, agree that's making things worse, but it's NOT the reason this has been going on since 2003!
Public housing tenants who are retired or won't work should be relocate to where no jobs because workers need those homes
"It is massive policy failure " well said 👏
why does edwin say ye-oh yee-oh ye-oh? rather than you know, you know, yu no
Has stamp duty been scrapped as of today?
Can anyone give a good reason as to not repeal CGT on property ?
Let us (the public) has a full audit of parliamentarians finances, they are stuffing their pockets with Australian's money, so corrupt
Spot on bro. It's treason
Keep printing Australia !!.
"Abolishing negative gearing, stop home owner and builder grant, reforming capital gains tax, and banning foreign buyers from purchasing residential property while encouraging them to invest in commercial property could help balance the housing market. Providing tax incentives for first-home buyers on their mortgage interest payments for the first ten years (similar to the U.S. housing policy) would promote home ownership, reduce demand for rental properties, and lessen the burden on taxpayers in the form of rental assistance. Additionally, 80% of newly released land should be allocated to first-home buyer
Edwin, if tax changes were made to dissuade property investment and speculation it could help the RBNZ and also the RBA to lower policy rates faster and also stabilize house prices.
One simple way is for states and local authorities to extend the 'Airbnb Tax' to include rental properties? Do you know what the Airbnb Tax is? It is basically a determination by the local authority to classify a short-term rental as a commercial property for tax (rating in NZ) assessment purposes.
Sell all public housing houses to private market whalan and bidwill and emerton and shalvey and use the money to build apartments metres in the air for public housing like every other country
Edwin, what is the statue behind you
Very intriguing 🙂
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Thanks Martin & Edwin
I really enjoyed this episode. I thought you covered a lot of topics very thoughtfully & in a well balanced manner. And to my relief, no one sided criticism of investors. Yay!
Glad you enjoyed it
@16.26
Why aren't we talking about creating a manufacturing base and doing exports?
If there was any kind of manufacturing base people would not have to their houses as atms
Because the Government has contracted away all the cheap energy to China and japan, so nothing in Australia could be manufactured competitively, by design I think
I like Edwin, but remember who is paying his bills. It's not the first home buyers, it would be mainly the Investors!
wtf?
@@redsed1565 our business men today don't think they need customers
Paying what bills and who's?
No. 3 - II. Maestoso - Allegro - London
Im poking the like button like its Russian.
why
#taxOURgas
I ❤ Monday evening rants. 🎉
Great to hear...
Guys that was an wholistic overview of the property market.
Thanks