First and foremost this is not a Sydney Swans troll.....
Years ago I had office in Melbourne along with two interstate offices in Sydney and Brisbane. At the time I was fortunate enough through my bank at different intervals to be granted mortgages to own each of the 3 offices rather than lease. Fast forward a few years down track and all three offices once again all at different intervals were sold with the Sydney office by far being the best return and it was always going to be that way for the Sydney property although more expensive was going to give greater returns in long run.
Therefore, if I was a footballer and was in a position to investment money into property particularly as a first home buyer (exempt from Capital Gains Tax) the Sydney property market would be very inviting. Given the supposition that a Sydney Swans player could have easy access to a willing mortgage lender along with a professional property advisor, for mine it would be in that players best interests to invest his money into the Sydney property market, rather than say the Adelaide property market.
Hence, if a Sydney Swans player invests his money wisely into the Sydney property market, in time he will be better off and not worse off, contrary to AFL propaganda.
Bottom line - having been in business for many years myself it is fundamentally important at all times to protect your own assets....... and there are not too many bigger assets to the AFL than the Sydney/NSW market place, to have the Sydney market place fall away would be a major financial blow not only to the AFL but to all clubs that represent it, so yes Sydney in the past to some point has needed to be supported/protected and slowly but surely they are beginning to stabilize and with the introduction of GWS let's hope as Aussie rules supporters that the Sydney/NSW becomes a financially successful and vibrant football state, if not future subsidies of some nature will have to exist.
Apologies for length of thread but had story to tell about a very touchy and somewhat misunderstood subject with AFL being biggest culprit.
Years ago I had office in Melbourne along with two interstate offices in Sydney and Brisbane. At the time I was fortunate enough through my bank at different intervals to be granted mortgages to own each of the 3 offices rather than lease. Fast forward a few years down track and all three offices once again all at different intervals were sold with the Sydney office by far being the best return and it was always going to be that way for the Sydney property although more expensive was going to give greater returns in long run.
Therefore, if I was a footballer and was in a position to investment money into property particularly as a first home buyer (exempt from Capital Gains Tax) the Sydney property market would be very inviting. Given the supposition that a Sydney Swans player could have easy access to a willing mortgage lender along with a professional property advisor, for mine it would be in that players best interests to invest his money into the Sydney property market, rather than say the Adelaide property market.
Hence, if a Sydney Swans player invests his money wisely into the Sydney property market, in time he will be better off and not worse off, contrary to AFL propaganda.
Bottom line - having been in business for many years myself it is fundamentally important at all times to protect your own assets....... and there are not too many bigger assets to the AFL than the Sydney/NSW market place, to have the Sydney market place fall away would be a major financial blow not only to the AFL but to all clubs that represent it, so yes Sydney in the past to some point has needed to be supported/protected and slowly but surely they are beginning to stabilize and with the introduction of GWS let's hope as Aussie rules supporters that the Sydney/NSW becomes a financially successful and vibrant football state, if not future subsidies of some nature will have to exist.
Apologies for length of thread but had story to tell about a very touchy and somewhat misunderstood subject with AFL being biggest culprit.
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