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Landlord
23 Apr 19

NEGATIVE GEARING - HOW THE CHANGES WILL AFFECT LANDLORDS

Because you're an existing landlord, it might be tempting to dismiss the latest political battle over whether negative gearing should be abolished.

After all, you'll still be able to negative gear your property - the changes will apply from 1 January 2020, if there is a change of government.

But here's the truth, plain and simple. Economists say that if the planned changes to negative gearing do go ahead, property prices will fall. Government savings will be less than estimated, unemployment will rise and our whole economy will be in jeopardy.

Does that sound appealing? 
 

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