Housing crash, page-50

Agree except for point 4. Low interest rates are still good for negative gearing since they reduce the 'negative' side (albeit this is currently being cancelled out by reduced rent). Only an idiot wants their investment to be more negatively geared. Positively geared is always better than negative geared (assuming equal properties & leverage etc.).

The only thing that will kill the negatively geared investments is lack of capital growth.
The only reason negative gearing can be worthwhile is to minimize holding costs for an asset which is increasing in value faster than you are losing money. If the asset is not increasing in value then you are intentionally losing money for the opportunity to lose more money when you sell.