Boganomics, along with its sister project Things Bogans Like, performs a crucial role in Australian society. While bogans may tell you that they want to bed you or glass you, they also have many other wants and needs that they are less adept at articulating. As the bogan’s unofficial mouthpiece, we simply must take exception to the Unconventional Economist, who on these very pages has been spreading anti-bogan propaganda about negative gearing.
Negative gearing is the lifeblood of cashed up bogans nationwide, asking only that the bogan be greedy and territorial in order to have the federal government bankroll the bogan’s pathway to millionaire status. With a proud tradition of greed and territorialism, the bogan’s bank accounts have never told a negative gearing tax rebate to “fuck off, we’re full”. Due to there being nothing more Australian than owning more of Australia than the bogan needs, any proposed measures to curb negative gearing are, by definition, un-Australian.
Read the rest of our solution for Australia’s property market HERE.