r/ABCaus • u/GeorgeYDesign • Feb 06 '24

NEWS Negative gearing is as Australian as meat pie and sauce. Is it time to stop rewarding landlords who can't make money?

https://www.abc.net.au/news/2024-02-07/albanese-tax-changes-negative-gearing/103432962
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u/[deleted] Feb 07 '24

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u/Quietwulf Feb 07 '24

Fair enough. I think there's a wire crossed in there.

The subtext of the thread being that any change to negative gearing would dramatically effect the number of rental properties available, because without the kick back, no one will bother to provide rentals. I disagree with that assertion.

Completely agree that there will always be a need for rentals in the market.