Negative gearing - The comeback
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The conditions have been building for a rebound in negative gearing with climbing interest rates and rising rental yields. Now a surprise reversal in tax relief for upper-income earners means the search for tax deductions is about to begin again. In today's show, we cover; the startling figures on mortgage stress, how negative gearing just gets better, the Canberra rent freeze and why the split between homeowner and investor lending rates? Cameron Kusher, research director at REA (a subsidiary of News Corp) joins wealth editor James Kirby in this episode. See omnystudio.com/listener for privacy information.
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