Negative gearing and CGT under threat from Labor, page-252

Sorry, but I disagree. Rents are aligned with property values.
If as you say, house prices would fall, so would rents!

I don't see rates, water rates, repairs, property management fees, land tax, insurance doing anything but increasing every year.
This is what you do not seem to understand.
Apart from the high interest rates atm.

It is now becoming a losing game being a property investor.
The only positive is that in the long run you may make a capital gain.
But if you are taxed to death on that and cannot offset some of the above costs against your income tax.
You would be throwing money down the drain.

Who will be the new suppliers of rental properties, the government?
I don’t think so.