A tax scheme from 1988 with cheap property and at the time a booming economy, with almost none of the restrictive rental legislation of today is not an example of what will work today.
You'll never balance the risk of non paying overholding tenant plus property damage with small tax incentives. At a time when capital appreciation isn't going to offset any of these costs and losses.
If the argument is that problems aren't very common, you'll have to provide more robust stats than the comedy of the RTB. Not to mention counter vilification of the sector by media, etc.
You'll never balance the risk of non paying overholding tenant plus property damage with small tax incentives. At a time when capital appreciation isn't going to offset any of these costs and losses.
If the argument is that problems aren't very common, you'll have to provide more robust stats than the comedy of the RTB. Not to mention counter vilification of the sector by media, etc.