"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."
It is a poor misdirected policy that should change to make it more efficient for it's purchase. Your disagreement doesn't change that.
"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. ."
And you guys keep telling there is an undersupply. So why do you jump up and down when I suggest a policy which can rectify this?
"No matter what the price of homes a percentage of the population will always rent"
Absolutely. About 10% I believe. But that still leaves a large portion positively affected by my suggestion.
