While I understand negative hearing I have never understood the logic behind it. Why buy an asset that intentionally loses money with the long term goal of a capital gain that while has occurred for 40 years is not garruteed to occur. It's like buying a share that you pay the dividend to the company for the right to a share increase.
Negative gearing a fundamentally flawed investment in the economy pushing prices higher artificially because people can benefit from a loss making asset