"You can try and word it anyway you like. The ability for investors to claim negative gearing on existing houses is misplaced. If the government coffers are going to miss out then at least let it go to an area that needs it."
What a load of rubbish mate - any business can claim their losses this is no different. If the government sees fit to tax everyone on their cumulative earnings then it is only fair that their losses come out of that cumulative earnings.
"Yeah right. An ample supply of houses would lead to affordable housing which leads to reduced requirement for rentals and reduced rent. But you wouldn't want that would you?"
Well you guys keep telling us that there isn't an undersupply and there are plenty of homes - so I guess that logic is flawed. No matter what the price of homes a percentage of the population will always rent.
