Housing Investment Should Be Banned Posted on August 28, 2019 BANNED chicago hotels dallas hotels hotels hotels in chicago hotels in florida hotels in las vegas Housing investment las vegas hotels private jet rental property travel travel vlog vacation 31 thoughts on “Housing Investment Should Be Banned” Thankyou brother.Reply Awesome video absolutely spot they are breaking society with greed and plan to do more https://www.youtube.com/watch?v=nu9oJcMEKWo&app=desktopReply Rent would sky-rocket!Reply You make too much sense for this to go anywhere.Reply Looks at the New Zealand retaliate market and whole heatedly agrees.Reply How true the Gov has no idea on what is coming thank God for vinnies.Reply It’s an everything bubble and debt bubble people want everything now.Reply That video should legislation, investors & governments have destroyed it for the average Joe, it'll all change soonReply All it takes is some form of stimulus from the government(1st home grant, free stamp duty, negative gearing etc) to start an up trend, then have mainstream media, realtors, accountants and just about everyone on the street to convince you to buy or invest into the property markets plus your own FOMO psychology and foreign $ to boot as well. From here onwards it's about selling to the next tard whose willing to buy from you at a higher price, just make sure you not the last one holding the bomb and you be fine.Reply Investment property Should not be banned, but taxed to the roof, say by sq meter per capita, if it ain’t farm land or land to be used for production and commercial but residential, each person is entitled to property of 500 sq meters of roofed living space (the house , not the land/block size) combine total with no tax, any more than that area would be taxed at 10% tax per meter on the value for the next 500 sq meter (combine with previous area), then the next 500 sq meter more will rack 10% more in total area of tax, then next 500 more gets you another 10% more in total land area one own. And no commercial entities are premised to own residential property tax free and those land and property tax start at 30% from first 100 sq meters, so companies can’t does a mansion on their books cheaper than private ownership. Throw in a non farm and production unroofed land area tax above 1000 sqm, The rich can always own a huge mansion on a large block of land provided they paid roofed land tax and unroofed residential land mass tax to the government. As long as they are willing to paid their fair share of tax back to the public.Reply Capitalism Baby!!!Reply spot onReply this is some kooky, bat shit crazy stuff. what happens when you remove investment from any industry?… and once you have the answer to that question and thing government should fix it, then you are doubly stupid.Reply Mate you are dead right and its unfortunate that most people dont understand that families are screwed and kept in a hard stateReply I subscribed to help you pay that mortgage 🙂 You do great presentations.Reply The financial ponzi scheme that is the Australian real estate market has only been possible due to the social ponzi scheme that has been mass immigration.Reply Let's be real. How about the chinese should be bannedReply I've been saying this and been abused over itReply If you scrap housing investment, who would you rent from? The government? How would that go?Reply It will never happen. Most of the economy depends on housing…Reply Totally agree…. governments violate the UN declaration of human rights in so many ways it's not funny. And the only time they kick up a stink is when it suits them.Bunch of complete hypocritesReply ABC News posted an article in 2017 about which MPs from numerous political parties own investment properties, I wish they would do another one with more up-to-date data though:-https://www.abc.net.au/news/2017-04-20/australian-politician-property-ownership-details/8453782Reply Housing investment is necessary as many people choose to rent and couldn't afford a house even if prices were reasonable. Housing speculation, as opposed to investment, should be banned – but how? A sensible approach might be to limit the size of borrowings against a property to maybe 5 times the expected annual gross rental. Doing so would cap borrowings and hence prices and hence speculation. At the same time it would make housing more affordable. The actual multiple might not be 5 of course but the principal holds.Reply Imagine how productive Australia could be if people didn't spend 40 years paying off bricks.Reply A house is a depreciating necessity like a car not an appreciating asset like a painting.Reply Here's a solution for negative gearing. Treat it like capital losses which are just held on the side of the tax ledger until some time in the future when they can be used to cancel out any gains made from increased rental returns or perhaps the sale of the property that yields a capital gain. Not so many investors would be that keen to take on so much debt and house prices level out or maybe even drop for a period of time. Probably not worrying anyone who plans to live in their own house for many years. I never include my house in my net wealth. It's a place where I live, and my wealth is determined by the investments I make with the rest of my free cash.Reply Best video ever totally agreeReply Also the bank ceo's should be in jail. With the past years of lending more and more credit (to owners and investors) it's driven the prices out of control. If you approve every second person for 800k-1mill that's how all the houses are now worth that. For a quick buck they're ruined the next generations chances of securing housing, and holding the economy hostage, threatening to burst at any moment. CRIMINALS THEY ARE!!Reply It's too lateReply Scrap capital gain discount let alone banning!Reply The negative gearing is a moot point- negative gearing is only lucrative when there is strong exponential house price growth. Only financially illiterate people would seek to negatively gear in today's housing market.Reply Leave a Reply Cancel replyYour email address will not be published. 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