fazz, no matter how you look at it is a subsidy.
Anyone who negative gears is socialising their losses
If there was no such thing as negative gearing, people would not be borrowing to buy houses at inflated prices to rent them at a loss.
The free market would return house prices to their true value.
The only profit relies on capital increase, the government negative gearing subsidy is like a Ponzi scheme. It relies on new blood to take out the loan to negative gear the property. the banks and real estate agents love it.
