Alfred Hitchcock, page-16

Yes he did Donnybrook, however many people (avge punter income) buy older cheaper properties and neg gear, so there will be a drop off in rentals from that perspective because a lot less people will be able to afford them without Tax Deductions or through 221D's!!
Like I say mate there is a perfectly good argument on both sides!
EG; Neg Geared properties inflate the housing prices therefore making it harder for people to buy them on average incomes, on another point, reduced neg gearing or no neg gearing means that property rentals will be less therefore pushing up rental prices thus making it harder for those that can't afford to buy a house, and there are many more!!
Good Luck this week DB!