"It is a poor misdirected policy that should change to make it more efficient for it's purchase. Your disagreement doesn't change that."
Actually it isn't and your disagreement doesn't make it a bad policy. The only taxation change that should be made is to make it more attractive for investors to hold longer term.
"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?"
I have never said there is or isn't an undersupply. All the removal of negative gearing will do is make the rent of the remaining rentals more expensive and reduce the choice of renters.
"Absolutely. About 10% I believe. But that still leaves a large portion positively affected by my suggestion."
Far more than 10% of the population will rent no matter what. Even before the boom of the last decade far more than 10% of the population would have rented. Reality is the percentage of renters will increase over time.
