My Life Of Becoming A Doctor - 1098 Words

Every man dreams, many aspire to be rich or to be a businessman. Some people desire to become politicians or lawyers. There are others who wish to be a writer, poets or novelists whereas most of us generally want to be a doctor, scientist or a nurse. Also, there are few of those, who have no clear goals in lives and are happy go lucky. As for myself, I do not have any particular ambition in my life, I don’t have any desire to be the richest man in the world nor do I dream of becoming a doctor. The sole purpose of my life is to live a life of simplicity and devote my time making our world a better place for humanity. My parents have always taught me when it comes to deciding my career; I should always choose a career that interests me. Based on these beliefs, I think my experiences in the past best reflects my interest. Growing up in a family of engineers where my father and brother are both successful mechanical engineers motivated me to pursue a career in engineering. During my final year of high school, choosing a career was not the hardest part for me, but rather which field of engineering I should study. I have always been interested in electronics. Even as a kid, I used to break apart my electronic toys or any electronic objects I could lay my hands on which grew my curiosity and my desire to become an electrical engineer. Throughout my school years, I have participated in varieties of projects that involved working with machines. My first encounter with electricalShow MoreRelatedMy Life Of Becoming A Doctor874 Words   |  4 PagesI was a child, I dreamed of becoming a doctor. In my rural hometown, the doctor was respected second only to the mayor. Everyone loved Dr. Ozaki who ran the local clinic. Children – despite their fear of getting flu shots – were happy to see him. In my culture, to be venerated is to achieve the highest possible status in the community. When I grew up, I knew that I wanted to be like Dr. Ozaki. For most of my childhood I was convinced that I wanted to be a doctor. But as I grew older, I beganRead MoreMy Life Of Becoming A Doctor1927 Words   |  8 Pagesbecome a doctor. By the age of 8, I had my life planned out. When my primary school principal asked what I wanted to be when I grew up, I replied â€Å"I am going to be a doctor and an All Black†. Now I realise, although it is not physically possible for me to be an All Black, I am drawing closer to fulfilling my dream of becoming a doctor. This interest in medicine stems from a number of sources. Firstly, I wish to emulate my parents who both have a background in the health sector. Secondly, both of my grandmothersRead MoreBecoming a Doctor Speech Essay854 Words   |  4 Pagesexact time when I decided to become a doctor. I was only eight years old and I was visiting my grandpa who had just had a life risking surgery and came out the other end okay. At this age I really don’t understand what all was going on. All I knew is the doctor had saved my grandpa, and I had more years to spend with him. When I walked into the room the doctor was standing over my grandpa and they were both laughing. That very moment I knew I wanted to become a doctor. I wanted to be the person that wouldRead MoreThe Anatomy Of Dead Insects And How Close I Was A Doctor835 Words   |  4 Pages Too young to remember when my parents moved back to Jamaica, the land of their birth, but old enough to know that there was something strikingly different between living in New York and living in Jamaica. Before entering primary school my dad gave me the Atlas of Human Anatomy, I never cared for the big words then but those pictures peeked my interest even more. I guess my dad figured I was interested in medicine since I always tried to study the anatomy of dead insects and how close I was to ourRead MoreMy First Year At Dunbar Middle Magnet School1231 Words   |  5 Pagesthe emotions that ran through my body during this brief time in my life. Thinking back on the moments in life that assisted in me choosing my career path brings up many mixed emotions. The moment I chose the career path I wanted to go on is my first year at Dunbar Middle Magnet School, sixth grade to be exact. It was the first week of school and all the students in my class had to stand up and introduce ourselves and tell what we wanted to be in life. At that time in life, the option of being a princessRead MoreThe Sociological Imagination Within The Medical School873 Words   |  4 PagesThere are other instances where the sociological imagination takes place in my route to entering medical school. The concept of race is another example of a force that is unforeseen, but plays a role in my life. As Marcy C. Waters describes â€Å"Skin color is an important ascribed characteristic in American society. Less visible are national origin and nationality† (Optional Ethnicities: For Whites Only? 228). Essentially, race and nationality are forces that one does not have control over, but playRead MoreThe Incredible Work Healthcare Professionals961 Words   |  4 PagesIn my life, I have experienced the incredible work healthcare professionals can provide and how lack of access to care can lead to dire consequences. Growing up in my village in Bangladesh, I was first hand witness to this lac k of adequate healthcare. I had to watch my sisters deliver babies without training, I had to witness an aunt suffer in an agony due to the lack of adequate healthcare facility, but my most vivid experience of this lack of healthcare came when I was the victim of an acid attackRead MoreMy First Time Buying A Car890 Words   |  4 Pageschange your life. August 10th, 2015 was my first time in an operating room. However, I wasn’t the patient. I was watching an orthopedic spine surgeon perform a cervical vertebrae fusion. Ever since this moment, I knew I wanted to be a doctor for the rest of my life. The feeling I had while dressed up in my scrubs, surgeon mask and cap was indescribable. While in the operating room, I have learned a lot about the characteristics of a successful doctor and the pressures and stresses a doctor encountersRead MoreMy Memories Of My Life955 Words   |  4 Pagesearly age I knew that I wanted to do something with my life to make other people s lives better. My mom likes to remind me of the time when I was a small child in Washington, DC.Even with all of the awe and sights to see in DC, she said that I could only focus on all of the homeless people. Seeing a homeless person was new to me, let alone seeing hundreds, but my mom likes to remind me about how I wanted to â€Å"make lasagna and feed all of them†. My visit to DC had made it apparent to me that I wantedRead MoreMedicine And Becoming A Doctor785 Words   |  4 Pagesthree years my mother had kept to herself information about her developing anemia, kidney problems due to past kidney stones, chronic back pain, and now arthritic nodes on her fingers. These are some of the symptoms that I see, and am reminded of daily, when I am around my hardworking mother, who has motivated me to pursue a medical degree. My desire to learn about medicine and become a doctor did not start at a young age or even in high school. As a high school graduate going into college, my desire

Descriptive Narrative A Beautiful Day - 852 Words

It was a beautiful day outside. It was perfect. We decided to go to the playground at the end of our street. We rode down the street in my dad s orange 1984 chevy s10 truck. My dad stayed in the truck while my sister and I went to play. As my sister and I were playing, other families started to show up. There were two playgrounds and a basketball court separating the two. So we were one side and the other family was on the other side. My sister told me to stay where I was because it was easier to keep an eye on me. We played for many hours. When I was done, I went to tell my sister I was ready to go home. She told me to throw my trash away from earlier that day. As I went toward the trash can, all I saw is a dog running towards me. All I†¦show more content†¦My first thought when i heard that was â€Å"I’m not gonna be able to live here anymore!† When she arrived, she was not what i was expecting. She had a black nose, gorgeous auburn fur and the prettiest smile when she’s happy. All she ever wants now is scratches, bacon treats, and love. The day after we got Anna was my very first time being alone with her or even a dog. She was already house trained and well behaved. Later that afternoon she needed to go outside. She does this thing where she chases her tale in a circle. We call it the â€Å"potty dance†. Everyone failed to inform me she did that, it scared me. I told her â€Å"NO STOP.† Then she barked so loud; it scared me. She was so exasperated that I finally said â€Å"fine fine let s go outside†. I kept my distance because I did not trust her at all. At that moment, I had never been manipulated by a dog before. She showed me how much of a scaredy cat I was. I realized then that i needed to work on my self confidence with dogs. From steadily working on my confidence, I was able to achieve a spot in an upper choir at my school then later section leader in the choir. Another thing is i m not scared to speak my mind about something or do public speaking. Confidence is a key thing in life. If I had never learned it, I don t think I would be as successful as I am today. It took many years to learn how to overcome many of my fears. I’ve learned that bad experiences won’t scar you but help you to grow as a person. If anything, itShow MoreRelatedNarrative and Descriptive Essay1226 Words   |  5 PagesSegovia January 1, 2014 A narrative essay is about storytelling for a narrative story to work it must capture and hold the audience attention you must give a clear understanding of your story. A descriptive essay lets you describe in detail what the essay is all about using words that appeal to your sense of smell, hearing, see, touch, and taste. A descriptive essay lets you use words that describes a person, place, or object. When I compare the author’s narrative essay â€Å"Are the Rich Happy?† byRead More Descriptive Language and The Lady of Shallot Essay1365 Words   |  6 PagesDescriptive Language and The Lady of Shallot In any piece of lyrical poetry, authors must masterfully use the language of the poem to covey the intended meaning. In order to ensure the meaning is not lost, it is imperative that the author incorporates various aspects of the narrative to escalate the poem past its face value. Alfred Tennyson’s poem â€Å"The Lady of Shallot† is no exception to the rule. From lines like â€Å"blue unclouded weather† and â€Å"the gemmy bridle glitter’d free†, one can drawRead More The poem Two Scavengers in a Truck, Two Beautiful People in a Mercedes is640 Words   |  3 PagesThe poem Two Scavengers in a Truck, Two Beautiful People in a Mercedes is a descriptive poem by Lawrence Ferlinghetti. Night of the Scorpion Two Scavengers in a Truck, Two Beautiful People in a Mercedes The poem Two Scavengers in a Truck, Two Beautiful People in a Mercedes is a descriptive poem where the poet (Lawrence Ferlinghetti) observes two garbage men in San Francisco and two well-paid people in a Mercedes. The poets observation is really about the way the garbage men lookRead MoreStructure and Narrative Technique in Wurthering Heights and Return of the Native1154 Words   |  5 Pagesown decisions and opinions, as we are intended to be fully aware of the bias nature of the majority of her narrators. It is of the utmost importance that it is not the author who tells the story; `Wuthering Heights employs a narrative frame. Nelly Dean tells the story to Mr Lockwood, and he relates it to us. The first person narrator of the novel is therefore far removed from the actual experiences of the story. We begin in 1801, with a first person narrator, Mr Lockwood, whoRead MoreGirl with a Pearl Earring Essay946 Words   |  4 Pagesit explores the theme of sensual awakening. Set in 17th century Delft, Chevalier’s novel explores the deep but forbidden love between a young maid and her master. The author’s clever combination of an intriguing story, remarkable characters and descriptive language allowed her to explore the themes of forbidden love, predators and sexual desires. For hundreds of years people have wondered who is the girl in the portrait Girl with a Pearl Earring, painted by a Dutch artist Johannes Vermeer in theRead MoreThe Day Is Done Poem Analysis1005 Words   |  5 PagesExplication of â€Å"The Day is Done† by Henry Wadsworth Longfellow The poem â€Å"The Day is Done,† by Henry Wadsworth Longfellow, discusses an exhausted speaker’s wish to hear the work of a simple poet with the expectation that this will relieve his tired state. The steady, calming pace and slightly wistful tone provide the perfect background for the beautiful imagery of this poem, expressed through similes and figurative language. ‘The Day is Done† includes comments on reputation, life’s struggles, andRead MoreGeorge Orwell s The Perils Of Indifference : Lessons Learned From A Violent Century954 Words   |  4 Pagesindifference, whereas Orwell’s narrative leaves the reader questioning his action. Elie Wiesel born in 1928 is a Jewish holocaust survivor, who later in life won the noble peace prize and published over 40 different books. The speech The Perils of Indifference: Lessons Learned from a Violent Century was given at the white house during the Millennium Evenings. He expressed his gratitude to the president, the army that saved him and the country that sent them. Wiesel is descriptive in his recollection ofRead MoreThe Body Is The Most Holistic Reflection Of Oneself, It Is Raw, Conspicuous And Present Essay1203 Words   |  5 Pageshas infinite complexities while being one of the best exhibits for how societies differ, change and function, anthropologists can either have a field-day or get a headache. Further, the introduction of enhancement technologies have revolutionised how the body functions within society; Ethnographies such as, The Poor Have the Right To Be Beautiful : Cosmetic Surgery in Neoliberal Brazil’ Alexander Edmonds and ‘Medicalization of Racial Features: Asian American Women and Cosmetic Surgery’ EugeniaRead More David Guterson And His Use Of The Theme Of Nature Essay1537 Words   |  7 Pagessource of life, the maintenance of life, and the end of life. nbsp;nbsp;nbsp;nbsp;nbsp;Guterson uses trees as a metaphorical device to portray and predict events in his literary works. He also uses them as literal tools to develop his work, beautiful cedars and elms which are magnificent, full trees with flowing branches that are visually pleasing and familiar to his readers. In â€Å"American Elm†, one of Gutersons short stories, trees are used as a metaphor to screen and sheild the sanitarium fromRead More Comparing A London fete and Composed Upon Westminster Bridge1433 Words   |  6 Pagesis about a man who is standing on a bridge describing the view he sees and how he feels looking at this view. The theme to composed upon Westminster Bridge is firstly about nature and beauty and peace. It describes his view of London to be beautiful and how he feels so calm and relaxed from looking at the view. It’s not an angry poem it’s sensuous. A London fete is about violence and death. It has an unhappy theme as it is about a man getting hanged and how viewers are enjoying and getting

Siberin Tigers Free Essays

Panthera tigris altaica, better know as the Siberian or the Amur tiger lives primarily in eastern Russia, and a few are found in northeastern China and northern North Korea. It is estimated that 150 to 200 tigers exist today in the wild. There are roughly 490 Siberian tigers that are managed in zoos world wide, and an unknown number as to how many exist privately. We will write a custom essay sample on Siberin Tigers or any similar topic only for you Order Now In this century alone, the Siberian tiger has managed to survive four wars, two revolutions, and now the brutal slaughter on their forests. Wild tigers exist in Asian countries China, Vietnam, Cambodia, Laos, Thailand, Malaysia, Indonesia, Myanmar, Bangladesh, Bhutan, India and Nepal, By this IUCN status this animal is considered to be Critical, its numbers in the wild have fluctuated from an incredibly low 24 tigers in the 1940s to what IUCN now estimates is 150 to 200 in 1994. There are only three protected areas for these tigers in Russia-the Sikhote-Alin (3,470 km2), Lazovsky (1,165 km2), and Kedrovaya Pad (178 km2) Reserves-inland from the Sea of Japan in the Russian Far East. There have been sightings of these magnificent animals in Changbaishan, near the Chinese border, were it was reported in a Chinese newspaper in 1990, and some are still found along the Russian border. The Cat Specialist Group suggests that there are probably fewer than 50 Siberian tigers in China. It is widely believed that the tigers in Russia will define the future of the species. The other sites are too small to harbor tiger populations large enough for the survival of the species. The Law of the Russian Federation on Environmental Protection and Management of 1992 gave the Siberian tiger legal protection that they deserved. Despite the law of protection, poaching has received a considerable amount of attention in the press today. Authorities say that the killing of tigers is a new enterprise. One reason for the poaching is traditional Chinese medicine. The captive program for Siberian tigers is the largest and longest managed program for any of the subspecies. The Siberian tiger is one of the models for the creation of scientifically managed programs for species in captivity. This program takes place globally in zoos and aquariums. According to the 1994 International Tiger Studbook there are about 490 Siberian tigers managed in zoos 226 of them in Europe, 151 in North America, 93 in Japan, and about 20 more scattered among Asian zoos. This captive population is descended from 83 wild-caught founders. For the most part, the Siberian tiger is considered secure in captivity. With the large genetically diverse gene pool that exists, these animals are considered to be a stable population. The Siberian tigers are the heaviest subspecies, the larger tigers weighting at 500 and more or 225-kg. With the males being heavier than the females, like many other species. The lightest subspecies is the Sumatran; these males weigh at about 250 pounds or 110 kg and the females at around 200 pounds or 90 kg. In order to obtain and maintain this weight these cats have to eat large masses of food, every day. A wild tiger can eat over 60 pounds of meat at one siting. . Despite the tiger†s great power and accurate senses, it dedicates a lot of time to hunting, because only one in ten hunting are calculated to be successful. It mainly preys on deer or wild pig, and fish providing it can catch them. Depending on the subspecies, the head-body length of these tigers is about 41/2 to 9 feet or 1.4-2.8 m. the length of the tail is 3 to 4 feet or 90-120 cm. The footpads vary in size with the age of the animal. This leads to inaccurate estimates when used it in counting the animals in wild populations. This magnificent animal carries the Chinese mark of Wang or king on the forehead. Tigers have round pupils and yellow irises, excluding the blue eyes of white tigers. The tigers have evolved to better vision at night. Due to a retinal adaptation that reflects light back to the retina. This provides to be useful when hunting at night. Tigers have excellent Binocular and color vision. At night, the tiger can see well over 6 times better than humans. The length of a Tigers tail is 3 to 4 feet long, about half as long as its body. They use their tails for balance when running through fast turns. Tigers also use their tails to communicate with other tigers. Like domestic cats, tiger claws are retractable. Like many other animals tigers mark there territory. Tigers mark their territories by spraying bushes and trees with a mixture of urine and scent gland secretions. They will also leave scratch marks on trees. The size of a tiger’s territory depends on the amount of food available, and usually ranges from about 10 to 30 square miles or 26-78 sq. km. Siberian tigers sometimes have unusually large territories, this can be as large as 120 square miles. Although tigers usually live alone, their territories can overlap. A male tiger’s territory usually overlaps those of several female tigers. No one knows exactly why tigers have striped, but some scientists think that the stripes act as camouflage, and aid in tiger†s hunt from their prey. The Sumatran tiger has the most stripes of all the tiger subspecies, and the Siberian tiger has the fewest stripes. Tiger stripes are much like human fingerprints; no two tigers have the same pattern of stripes. Tiger cubs are born blind and weigh only about 2 to 3 pounds or 1 kg, respective to the subspecies. They live on their mother†s milk for 6-8 weeks before the female begins taking them hunting to eat. Tigers fully developed canines in about 16 months of age, but they do not begin making their own kills until about 18 months of age. Young tigers live with their mother until they are two to three years old, then they find their own territories to occupy. The average life span of tigers in the wild is thought to be about 10 years. Tigers that are brought up in zoos can live twice as long or longer. Unlike some other large cats, adult tigers prefer to live their lives in solitude. Except for mother†s tigers who take care of their cubs. This is partly due to the fact a single tiger has a better chance sneaking up and bouncing its prey, more efficiently than a large group of tigers could. These animals and many other animals like them should be reserved. No other living creature surpasses their beauty. As this picture illustrates these animals were truly the masters of their domain. Before humans came and destroyed their homes. This cat is one of the most powerful cats in the world. Weighting in at 500 and change this animal can tear though it†s prey, like a hot knife though butter. 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Taxation Law & Practice

Question: Housing affordability is a goal of governments and opposition parties in Australia. A topic of discussion in the media is whether negative gearing combined with the capital gains tax discount (tax concessions) increases speculative activity in the housing market to the disadvantage of the first home buyer.Identify and evaluate key arguments both for and against retaining these tax concessions if housing affordability is to be achieved. In your response you must explain what is meant by negative gearing and how capital gains arising from property investment are treated. You should refer to sections of legislation, tax rulings and cases where relevant. Answer: Introduction The lawful combination of the Capital Gain Tax Discount and negative gearing has distorted the residential property markets. This particular act has encouraged speculations among investors and the individuals having higher incomes to use this law to their advantages for saving tax use this. These are one sort of tax benefits given by the governments and a recent survey by the Australian Institutes has revealed that the Australian government is incurring loss to the tune of $7 billion per year. On the other hand, the same study revealed that the middle class who bear the most of the tax burden does not get many benefits from this legal action. Moreover, about 67% of the benefits are received by the top 20% of the taxpayers, whereas the 4% of the lower income group individuals are benefitted by the scheme. On the other hand, the above combinations are found to boost the number of investments in the Australian residential properties, which in turn is inflating the prices of the housing property. Moreover, the number of genuine ownership of housing is not increasing at genuine ownership of the houses at that rate. The number of investments in the housing finance has increased at a great pace and the concentration of such investments by the financial houses in a particular is raising alarms. Investors in the housing markets can book loss on the rental income and at the same time gain the advantage of tax benefit. Negative Gearing Negative gearing in the taxation parlance, is the advantage that a taxpayer gains from the loss booked from an investment in properties. In case of purchasing a property, the investor uses leveraged money and then puts the purchased property on rent. The taxpayer can claim deduction, when the expenses incurred by the investor is higher than the rental income received by them, then he can claim deduction on the previously mentioned investments. In this case, savings of tax on other incomes can compensate the loss incurred by the company from the investment in housing property and deductible expenses include payments of interest on loans on the investment properties. The investments on the housing properties are considered to be offbeat investments as the loss is met by the exchequers whereas most other investments are typically made to earn profits. On the other hand, the main target of the investments in this particular sector is to make loss and the intentions of the investments in this sector are to get deductions in tax. The investors have found a loophole in the acts, they are misusing the acts, and at the same time, they are speculating on the investments of the housing investments. It is interesting to note that, although the investors are incurring loss, but the value of the property is increasing with each passing day. Capital Gain Tax CGT, stands for the capital gain tax and the when an investor sells the property, it is normally made at a profits. This sort of gain, is termed as a capital gain as per the laws of Australia, it is termed as capital gain taxation. It is calculated as the net value attained on the sale of the assets and the expenses that are incurred by the investors for the maintenance of the property. As per the Australian Taxation office, a taxpayer gets a 50% discount on the capital gains, if the property is hold by the taxpayer for more than 12 months and he is still the owner of the property. The main motive of the agency is to promote the holding period of the assets and allow a discount on the amount of the tax payable of the invested property. As per the current negative gearing theory, the investor is able to deduct the current revenue loss and the at the same time the theory makes the investor helps them to pay taxes on the proportionate gains made by the investor on the sale of property. The catch of the existing rule is that the discount received by the investors helps to collect the total value of the investments, at the cost of the exchequer. Workings of the Act Critics claim that the government is lenient towards the investors of the rental properties and as compared to other developed countries; the country does not set any deductible expense limits that are made by the investors. Moreover, in case of Australian property only half the tax is paid by the investors, the taxpayers are totally sing these in their advantages. On the other hand, it is to be noted that the investors are trying to make loss from the investments and at the same time the value of the properties are being increased by each passing day. Moreover, the capital gains are not levied on the property unless the property is sold. It is to be noted that the capital gearing method helps the taxpayer to levy tax at half the original rates and at the same time after the sale of the property, the taxpayer has the authority of deducting unlimited amount of expenses from the tax. This particular system helps the investors to leverage money for investing in the house property market and do endless speculations on the housing property markets. CGT, Negative Gearing and Housing Affordability Critics claim that with the advent of the negative gearing policy and the CGT taxations, the exchequer is losing a great deal of money from the taxations and at the same time, this method is creating a problem of the housing affordability problems in the whole of Australia. On the other hand, the rampant speculative process is increasing the prices of the property that is beyond the reach of the common citizens and this is creating problems of the affordability in the housing markets. The genuine buyers are not able to buy the houses due to the hike in the prices of the houses due to the speculative purpose and are creating an imbalance in the housing markets. Among all the OECD members this country has the second highest ratio of the housing prices to the income ratios and this factors is becoming a strong reason for the lack of the affordability for the housing markets. On the other hand, it is observed that the prices of the houses are high among all the economically developed countries. Since, 2000 the tax revenues from the housing markets are showing a declining trends. Rents and Negative Gearing The Australian investors of the housing markets are not at all concerned with the rental yields from the markets but they are much bothered about the capital gain taxability of the rental properties. The negative gearing as well as the CGT has formed a nexus among them and the benefits of the nexus is gained by the speculators and at the same time the investors. On the other hand, many of the government officials have suggested the removal of this current system, so that the revenue in the form of taxation increases to the governments exchequers and instead of the speculators and the investors the governments are benefitted from the transactions and the financial conditions improve of the federal governments and the benefits ultimately trickles down to the common public. At the same time, the prices of the housing will decrease largely and the benefit will be accrued to the genuine buyers of the housing who search for the housing facilities for living. On the other hand, the investor s put their rationale in a way that the negative gearing factors is a way of keeping the rent of the houses at a lower price and for this reasons the lower income group is able to afford the housing facilities. At the same time they argue that without the existence of this law, the lower income groups will not be able to afford housing and they in turn are doing a good work by speculating the housing markets and keeping the rentals at a low price. Negative Gearing Facts and Myths Fiction 1: The restriction of the governments on the negative gearing since 1985-19/87 had resulted in a rent increases and the current government must act in a way, so as to decrease the rent and make the housing affordable for the lower income groups as well. Reality: The higher rental income was not the result of the policy undertaken by the government but it was the result of the higher interest rates, boom in the share markets and at the same time, the good condition of the overall market, which has resulted in the higher interest rate. When the market is in the boom phase, there automatically comes inflation in the markets and inflation causes the prices of everything to rise. Rise in the rental income is one of the results of the inflations and the prices automatically increase of all the accompanying factors. Moreover, the inflation in the market led to the rise of the diversification in the markets and the investors shifted from the investments in the housing properties to other greener pastures. Throughout the Australian continent, the rental income rose by 42% and the only exception in the given case was Perth and Sydney. Myth 2: In the recent phase negative gearing prices does not lead to the increase in the rental income, as has been the case of the past two decades Fact: Speculation is the prime reasons for which there has been a rise in the rental prices. Behind speculations, there is always the fact of the negative gearings and it has helped in the housing booms in each cases. In the current phase, due to the rise in the credit facilities, the speculators have enough cash and that has led to the rise in the number of speculations and made things worse for those who genuinely search for the houses. On the other hand, the scheme of giving discounts at the rate of 50% has been a lucrative options for the speculators who intentionally make losses on the ventures to reap the benefits of the deductions available on the capital gains and reduce the expenditures at the same time. Myth 3 Speculators belonging to the middle-income segments reap the benefits of the negative gearing system Fact: The Tax Statistics shows wrong estimates of the assessments after allowing reductions that they are eligible for the capital gains. The profits of the concerns are already reduced by the negative gearing strategies and it does not matters whether they belongs to the lower income segments or the higher income groups. The reality is that most of the households, which belongs to the middle-income segments, actually belong to the upper income brackets and the prices are considered before the deductions, that they are entitled to get. This particular fact creates a disparity in the income brackets and they are confused with the other income groups. A recent study that was conducted revealed that about 10% of the income segments those belongs to the income groups of over $100000 and more than 30% have earned above $500000. This particular statistics clears all the confusions and brings clarity to the all the data. Changes that are to be made in CGT Discounts and Negative Gearings In case of the proposing of the changes to the Capital Gain Tax Discounts and the negative gearings methods, it is of utmost importance for the authorities to retain the good aspects of the current policies and also they should consider the transitional arrangements. Negative gearings have the capability of pushing the sales of the houses and at the same time that will happen at a very small number. On the other hand, the negative gearings must consider the implementations of the act only for a decade and make amendments if required. The investors will find the investments in the new housing sectors to be attractive, the inflows of the capitals will leads to healthy conditions in the housing markets, and slowly the condition of the market will become better. On the other hand, any sort of abrupt policy changes in the market will not be healthy to the markets as they may lead to unsold investments in the markets and it will suddenly to an abrupt changes in the markets. This situation leads to a changes in the price of the housings which will leads to the price instability and at the make the market unhealthy for the housing markets. Conclusions The recent housing policy, which is the brainchild of the Australian government, has stirred much controversy in the markets. People are debating whether the thing is good or bad for the economy and there is a lot of controversy surrounding it. The reason for this is that the speculation varies from person to person and not all of them speculate at that level. This particular fact is very much important for all those who hold investment properties or are in the verge of changing their properties. Few of them may contemplate to move from an expensive area to a lower expensive area or vice versa. In case of fixation of the taxation policies, the governments must consider equity as well as efficiency of the markets. In the given case, governments have failed in both the cases and they must try to rectify their act in the near futures. Reference Crommelin, Laura, "Gentrification: A Working-Class Perspective" (2015) 30 Housing Studies Hanlon, James, "Fair Housing Policy And The Abandonment Of Public Housing Desegregation" (2014) 30 Housing Studies Home Page | Australian Taxation Office (2016) Ato.gov.au https://www.ato.gov.au Muir, Jenny and David Mullins, "The Governance Of Mandated Partnerships: The Case Of Social Housing Procurement" (2015) 30 Housing Studies Oxley, Michael, "Making Progress In Housing: A Framework For Collaborative Research" (2015) 30 Housing Studies Pawson, Hal, "The Tenants Movement" (2015) 30 Housing Studies Stone, Wendy, "Private Rental Housing: Comparative Perspectives" (2015) 30 Housing Studies Worthington, Andrew and Helen Higgs, "Macro Drivers Of Australian Housing Affordability, 1985-2010" (2013) 30 Studies in Economics Finance.