Quote:
Originally Posted by OneHungLo
Trust me, I pay a shit ton of taxes. I just don't pay them on property that I sell as long as I move it into another piece of property.
Y'see the government is rewarding me for supplying housing. Who do you think would be supplying housing if entrepreneurial citizens such as myself weren't? The government would be! Do you really want them supplying all the housing? Actually your dumb commie ass would lol
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no you inject yourself between normal people and cheap housing because you are more attractive to banks than normal people...you bulk buy properties and this inflates prices of real estate making real estate even more expensive and in turn making credits even more un-accessible to normal people...
negative gearing <==== they even made a name for it
