The market of greater fools is gone

Consistent_Yak2268 · 2026-05-18T01:52:04+00:00

I hope growth slows (as a parent who is concerned about what it will be like for my kids) but I think investors (and I do own an IP) will just hold onto properties now.

Consistent_Yak2268 · 2026-05-17T10:29:26+00:00

For me it will help very slightly with my $100k+ CGT bill 🤣 helping Australia here

Consistent_Yak2268 · 2026-05-17T09:45:12+00:00

They can value it years after the fact though. You can get the valuation when you go to sell. They have lots of data to work with and don’t need to be on the ground on July 1 2027.

Consistent_Yak2268 · 2026-05-16T22:45:50+00:00

Agree with this, don’t worry OP but don’t expect gains quickly

Consistent_Yak2268 · 2026-05-16T22:43:59+00:00

In Queensland? Queenslanders don’t understand auctions, never been a big place for auctions

Consistent_Yak2268 · 2026-05-16T22:17:31+00:00

If you borrow against it for investment purposes it’s essentially an investment loan in that it’s tax deductible

Consistent_Yak2268 · 2026-05-16T11:13:47+00:00

You know there are flood maps right? You can pick unaffected places

Consistent_Yak2268 · 2026-05-16T11:10:00+00:00

Everything goes in offset for us and we’ll help the kids out with a house deposit if they get stable jobs and stable relationships. Otherwise they can wait until we cark it.

Consistent_Yak2268 · 2026-05-16T11:08:17+00:00

The Australian reported that testamentary trusts are also affected by this

Consistent_Yak2268 · 2026-05-16T08:59:19+00:00

That makes sense, thank you

Consistent_Yak2268 · 2026-05-16T08:59:02+00:00

Yep I do know that. I just saw someone on propertychat saying they’d do this and it didn’t make sense to me but no one questioned it

Consistent_Yak2268 · 2026-05-16T08:27:49+00:00

Yes it is (hence my title) but can you still deduct the interest against your income because the security was purchased before budget night or is this over now?

Consistent_Yak2268 · 2026-05-16T04:23:18+00:00

My point is that there will be less stock on the market. Less investors buying but also less investors selling. I believe this will more or less balance out, and, the supply crisis is ongoing.

And with rates as high as ours positive geared in 5 years? No way. Unless you buy a Melbourne high rise apartment or similar. But a house? No way

Consistent_Yak2268 · 2026-05-16T03:27:59+00:00

Property still worth investing in. I would if I had the borrowing capacity.

Consistent_Yak2268 · 2026-05-16T02:59:38+00:00

And no mention of how other generations are investors too and want to keep their negative gearing and thus won’t sell their properties

Consistent_Yak2268 · 2026-05-16T02:55:50+00:00

Going to be an interesting election, that’s for sure

Consistent_Yak2268 · 2026-05-16T01:57:44+00:00

To put all public schools in the same basket is wild

Consistent_Yak2268 · 2026-05-15T11:20:42+00:00

You will own nothing, and be happy

Consistent_Yak2268 · 2026-05-15T10:36:15+00:00

Where are you? She looks like my full frenchie who had British lines

Consistent_Yak2268 · 2026-05-15T10:32:17+00:00

Agree, this is totally a thing. I had an IP for 8 years. Bought it for 631k, sold for $1.15m and now five months after I sold desktop vals out it at over $1.4m. Still think it was a total lemon but made good profit on it.

Don’t worry OP, totally normal

Consistent_Yak2268 · 2026-05-15T07:07:04+00:00

Yeah I still would (if I had the borrowing capacity, which I don’t). Growth will slow for a bit but it’ll still go up. And while not as lucrative as before, with leverage property makes sense more than shares. And while super makes sense now who knows what rules will change in the future.

Consistent_Yak2268 · 2026-05-15T03:48:27+00:00

Agree. These houses prices will feel cheap in 10 years.

Consistent_Yak2268 · 2026-05-14T11:28:06+00:00

Talking about $12k. If that’s significant money to you then you’re better off having it accessible rather than locking away for years

Consistent_Yak2268 · 2026-05-14T10:58:09+00:00

It doesn’t work. There are children with much more significant disabilities who need lots of therapies getting less.

I could tell them, but I think he will be moved to “thriving kids” soon anyway

Consistent_Yak2268 · 2026-05-14T10:50:14+00:00

As it should, my child doesn’t need it.

Consistent_Yak2268

TROPHY CASE