646 negative gearing: will removing it help the housing crisis?
Description
In today's episode John and Emily dive into the hot topic of negative gearing: what it is, why it’s so polarising, and whether scrapping it could solve Australia’s housing crisis. The touch on:
👉🏻 how negative gearing works and who it benefits
👉 what scrapping it could mean for investors, renters and homeowners
👉🏼 what happened in the 80s when it was temporarily removed
👉🏽 why does property get preferential tax treatment?
👉🏿 negative gearing on a property in a trust
Need a property professional in your corner? Check out how Emily and John can help 👇
Emily's website: https://emilywallace.com.au
John's website: https://www.solverewealth.com.au/
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