QUOTE(sykz @ Jun 19 2023, 05:58 PM)
compounding interest is the same everywhere[AMA] I immigrated to Australia early 2022, Ask me anything!
[AMA] I immigrated to Australia early 2022, Ask me anything!
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Jun 19 2023, 06:10 PM
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Junior Member
242 posts Joined: Dec 2006 From: Land of the lulz |
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Jun 19 2023, 06:16 PM
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242 posts Joined: Dec 2006 From: Land of the lulz |
QUOTE(smokey @ Jun 18 2023, 09:49 PM) If you’re in Melbourne, you can probably still get a townhouse or a unit within 30km west of CBD under $500kBut the west has a bad reputation, ie many migrants of darker skin, too many factories, etc. I’ve been living here for almost 10 years now, but nothing bad has really happened. There are many young families from India moving into the new estates here. smokey liked this post
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Jun 19 2023, 06:21 PM
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242 posts Joined: Dec 2006 From: Land of the lulz |
QUOTE(Chinoz @ Jun 18 2023, 07:08 PM) All fine and dandy until you realise there’s a negative cashflow element when negative gearing. It is a great policy if your income is above $180k.I’m not sure why the media likes to portray it as a free ride to riches. Imagine paying less tax for buying a property that’ll increase in capital. It’s a policy made by greedy politicians to make the rich richer |
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