Maka you just pointed out another disaster created by Government - low tax rates for super! Watch this space - those subsidies will be eroded over time just like the property subsidies, mark my word. The whole super industry is based on tax subsidies not the fact that anybody thinks it is a good investment. Think about it a bit.
Also buying a property outright is impossible for 95% of the population who do not already own property, so the fact that the bank gets all your money is not a choice but a necessity if you want to own propety.
Also while you could be kicked out of your home when your renting at least you are not trapped in your home like owner-occupeirs are because of high-transaction costs caused by stamp duty.
