The only people complaining NG is those who have FAILED to get into property, just promoting to abolish a legitimate tax deduction.
NG is a self limiting strategy, by it's concept, you naysayers miss conveniently this: CGt, 50%of the realized gain on a property is taxed @ the marginal rate. Also, what about building deductions for depreciation, allowable for the IP, eaten up by the ATO as part f the CGT event. So, it's not total good stuff for investors isn't it..
So, you should be be complaining about things like FHBG & restricting the loan to equity ratios...the supply issue of land & homes needs to be considered.
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$ It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do. Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
they had whingy little fucks like you back then as well
I'm not the whiner. I'm not the precious, selfish, evil bitch that needs an RBA and government to hold my dick and wipe my bum. It's the bulls who need that.
stinkbug omosessuale Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments. Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck! See here Property will be 50-70% off by 2016.
I dunno, I think everyone will still just hate boomers for a long time. You just can't beat the price to income ratio they had. Add to that they mostly left school at 15 and were trained, as opposed to needing a degree to simply get a shitty entry level job as is often the case these days. Add to that many other advantages, like not having to travel a fucking hour to simply get to work.
I don't think many people feel much affinity with boomers. They are so more gen y than gen y and it's written all over them. They have been exposed over the last few years, they tried to pin the blame for the world's problems on gen y, but it's backfired. They have been the main offenders to oversee and cheer on the property boom.
When they are gone I think we'll see more solidarity amongst people. Unfortunately I will be old by then and won't get to enjoy that.
They have been a terrible generation in their old age. The sooner they're gone the better. I feel a bit sorry for the good ones out there, those that are geniunely left or at least have leftist tendencies where it's important like with housing and are not chardonnay socialist scum.
They also had free university and government owned utilities. It was a much easier life to say the least. Simpler in many ways and far easier. Boomers and their supporters look like dickheads trying to pretend it wasn't easier for them than it is for generations today.
They also had free university and government owned utilities. It was a much easier life to say the least. Simpler in many ways and far easier. Boomers and their supporters look like dickheads trying to pretend it wasn't easier for them than it is for generations today.
Like Pig Iron said
Quote:
they had whingy little fucks like you back then as well
Personally, there is no way I could have done what I do now back in my Fathers day.
Ignore posts by The Whole Truth · View Post · End Ignoring The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
The only people complaining NG is those who have FAILED to get into property, just promoting to abolish a legitimate tax deduction.
NG is a self limiting strategy, by it's concept, you naysayers miss conveniently this: CGt, 50%of the realized gain on a property is taxed @ the marginal rate. Also, what about building deductions for depreciation, allowable for the IP, eaten up by the ATO as part f the CGT event. So, it's not total good stuff for investors isn't it..
So, you should be be complaining about things like FHBG & restricting the loan to equity ratios...the supply issue of land & homes needs to be considered.
So what you use negative gearing yourself Blondie ?
They also had free university and government owned utilities. It was a much easier life to say the least. Simpler in many ways and far easier. Boomers and their supporters look like dickheads trying to pretend it wasn't easier for them than it is for generations today.
Yes, it was wasn't it. Far, far, far easier. Except for maybe the guys who went to Nam.
I've unforgiven boomers.
They can go away.
Frank Castle
21 Sep 2013, 01:02 PM
Like Pig Iron said
Personally, there is no way I could have done what I do now back in my Fathers day.
What? Rode a bubble inflated by funny money that started around the late 90s/early 2000s?
No shit. So you've finally admitted you are where you are via mostly dumb luck.
stinkbug omosessuale Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments. Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck! See here Property will be 50-70% off by 2016.
Yes, it was wasn't it. Far, far, far easier. Except for maybe the guys who went to Nam.
I've unforgiven boomers.
They can go away. What? Rode a bubble inflated by funny money that started around the late 90s/early 2000s?
No shit. So you've finally admitted you are where you are via mostly dumb luck.
my parents are boomers. they both worked thier arses off and studied while doing it. we lived in a 2x1 fibro which was average for the day. infact compared to when they grew up we had all the mod cons.
they never had it easy at all, so when i hear whingers like moops it warms my heart thinking about thier self inflicted angst
I am the love child of Tony Abbott and Pauline Hanson
Personally, there is no way I could have done what I do now back in my Fathers day.
What? Rode a bubble inflated by funny money that started around the late 90s/early 2000s?
So you finally admit it wasnt easy for the boomers? Like I said, I couldn't have done it in my fathers day
Quote:
No shit. So you've finally admitted you are where you are via mostly dumb luck.
Not at all I saw opportunity and grabbed it Just as I see opportunity now and grab it
Unfortunately, it wasn't at my back door so I had to search it out
The difference is, when I first started out it was a lot harder as banks didnt like lending me money And, I had to rely on newspaper and mail to track property down
Lazy and dumb fuckers like you expect opportunity to be handed to you on a plate when today you have it so much easier.
Ignore posts by The Whole Truth · View Post · End Ignoring The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
Personally, there is no way I could have done what I do now back in my Fathers day.
Quote:
What? Rode a bubble inflated by funny money that started around the late 90s/early 2000s?
No shit. So you've finally admitted you are where you are via mostly dumb luck.
Ha Ha Ha. They think they are super wise investors but in reality they just happened to jump onboard a bubble train, most of them quite late, as in shadow's example. It's sobering to read about the American speculators that got wiped out back in the 2007-08 time period. They thought the same way as our speculators. It doesn't take much to tip you off the perch when you are leveraged to the tune of a million or more.
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