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The Negative Gearing Thread: RBA Bulletin - Negative Gearing available in many countries
Topic Started: 10 Mar 2011, 12:10 PM (32,800 Views)
Shadow
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Evil Mouzealot Specufestor

Rastus2
21 Mar 2011, 11:58 AM

And would you like to spell out clearly just why it is so crucial that you mind read the governments intentions for your theory to be conclusivly proven... For those of us that missed why...
Um, because you keep demanding that I prove my theory. :rolleyes:

Go back to sleep...
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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Rastus2
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Shadow
21 Mar 2011, 12:08 PM
Um, because you keep demanding that I prove my theory. :rolleyes:

Go back to sleep...
I have been kindly asking you to proove your theory... You seem to insist that you must be able to read government minds to do it.

Explain why please... Exactly..


Since you have obviously forgotten your original quoted theory.. Let me remind you..

"The main benefit of negative gearing is to the government. It increases the pool of private property investors by making it easier for investors to afford the holding costs, which increases the pool of rental property available, which in turn keeps rents lower than they would otherwise be. Low cost housing - i.e. cheap rental accommodation is necessary for a large section of society. If private property investors did not provide this rental accommodation then the government would be forced to provide it via public housing, which would ultimately cost the government a lot more than negative gearing costs them. I believe public housing costs the UK government a small fortune, and is generally of a much lower standard (ghettos, slums etc) than the private rental accommodation that is prevalent in Australia. Strindberg can probably explain it better - I think he has some facts and figures on this to hand, costs etc."



Edited by Rastus2, 21 Mar 2011, 01:27 PM.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Shadow
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Rastus2
21 Mar 2011, 01:21 PM
I have been kindly asking you to proove your theory... You seem to insist that you must be able to read government minds to do it.

Explain why please... Exactly..

Because I believe it is impossible to prove why a particular government supports negative gearing (true motivation can never be proved). The best I could do is ask them, even then I might not get an honest answer.

However, you said you knew numerous alternative ways to prove motivation... 'There are numerous examples, you can google them if you like... or would you like me to do that for you too ?'.

Since you refuse to link to any of these methods (apart from one that backed up my position - a survey determining motivation by asking participants), I'll have to assume you just made it all up.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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barns
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FFS - is this thread still going?

There should be a rule like in chess where a thread is closed after the 3rd repetition of the same comment.
“You Keep Using That Word, I Do Not Think It Means What You Think It Means” - Inigo Montoya
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Rastus2
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Shadow
21 Mar 2011, 01:41 PM
Because I believe it is impossible to prove why a particular government supports negative gearing (true motivation can never be proved). The best I could do is ask them, even then I might not get an honest answer.

However, you said you knew numerous alternative ways to prove motivation... 'There are numerous examples, you can google them if you like... or would you like me to do that for you too ?'.

Since you refuse to link to any of these methods (apart from one that backed up my position - a survey determining motivation by asking participants), I'll have to assume you just made it all up.


If there is good reason for the gov to have the current neg gearing setup, it will be somewhere..

Your theory does not need you to have magic powers of mind reading to proove it

Your theory does not need to be simply logical to prove it (as you claimed before)

Your Theory, like any other theory that involves democratic governments and taxation, requires good, hard, evidence in the form of data. That data exists, strindberg seems capable of doing great seaches into gov. Sites, perhaps you could ask him to help..

At every request asking you to prove your theory you cite bizzare reasons to claim it is impossible..

I put it to you that you just dont want to try to prove your theory because its impossible, or just too much work for you...

Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Shadow
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Rastus2
21 Mar 2011, 02:14 PM
I put it to you that you just dont want to try to prove your theory because its impossible

Rastus, 17 March, Post 53: 'I would be more keen to support/ disprove your theory when you have enough hard evidence'

Shadow, 17 March, Post 54: 'it is impossible to prove or disprove'

Rastus, 17 March, Post 55: 'Why is it impossible to prove ?'

- There followed four days of Shadow trying to explain to Rastus why the theory is impossible to prove.

Rastus, 21 March, Post 105: 'I put it to you that you just dont want to try to prove your theory because its impossible'

What the? :wacko:
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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Rastus2
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Shadow
21 Mar 2011, 02:29 PM

Rastus, 17 March, Post 53: 'I would be more keen to support/ disprove your theory when you have enough hard evidence'

Shadow, 17 March, Post 54: 'it is impossible to prove or disprove'

Rastus, 17 March, Post 55: 'Why is it impossible to prove ?'

- There followed four days of Shadow trying to explain to Rastus why the theory is impossible to prove.

Rastus, 21 March, Post 105: 'I put it to you that you just dont want to try to prove your theory because its impossible'

What the? :wacko:


Thankyou for the summary..

impossible in my eyes because it is flawed and thus, not possible to prove...

So you would really like to prove your theory, but, sadly, it requires psycic powere of mind reading as the gov. Can never provide you with enough data...

I stand by my observation of your lack of willingness to do the research...

You have yet to provide thei exact reason why you do not trust the gov to have data justifying negative gearing..

You are spinning your wheels..
Edited by Rastus2, 21 Mar 2011, 03:09 PM.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Shadow
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Evil Mouzealot Specufestor

Rastus2
21 Mar 2011, 02:51 PM
So you would really like to prove your theory, but, sadly, it requires psycic powere of mind reading as the gov Can never provide you with enough data

I have no interest in trying to prove the theory, because it is impossible to do so, which you finally agreed with anyway...

Rastus, 21 March, Post 105: 'I put it to you that you just dont want to try to prove your theory because its impossible'
Edited by Shadow, 21 Mar 2011, 03:01 PM.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
Profile "REPLY WITH QUOTE" Go to top
 
Rastus2
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Shadow
21 Mar 2011, 02:59 PM

I have no interest in trying to prove the theory, because it is impossible to do so, which you finally agreed with anyway...

Rastus, 21 March, Post 105: 'I put it to you that you just dont want to try to prove your theory because its impossible'

Already edited to better explain why i think its impossible..

Not because magc powers are required, but rather because the data would not suport your claims...

For example :It is impossible for me to prove a cat is a dog... Therefore my theory is flawed..

Funny that it did not even cross your mind that this is what i meant by impossibke.. :laugh:
Edited by Rastus2, 21 Mar 2011, 03:13 PM.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
Profile "REPLY WITH QUOTE" Go to top
 
Shadow
Member Avatar
Evil Mouzealot Specufestor

Rastus2
21 Mar 2011, 03:11 PM
impossivle..
magc powers
suport
impossibke.. :laugh:
Slow down. I explained why I think it is impossible to prove my theory about the government's motivation, and why I'm not interested in trying.

If you're certain my theory is false, and that you can disprove my theory, then please do so. (You seem much more interested in the theory than I am).
Edited by Shadow, 21 Mar 2011, 03:17 PM.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
Profile "REPLY WITH QUOTE" Go to top
 
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