"Therefore to follow on from your discussion point anyone who is positively geared should not pay tax on that income."
That's a strange conclusion, how did you come to that. Do you think negative gearing is an entitlement?
"You have this opinion that all investors are "socialising" their losses"
That's not what I said, your making it up now.
I said "Anyone who negative gears is socialising their losses"
You do realise, that you need to make a loss to negative gear don't you? If you don't make a loss the government doesn't subsidise you.
It is a government subsidy that has distorted the housing market. It should go.
