Pretty sure the gov wanted out of public housing, so created negative gearing for the public to take over. A lot of money made, therefore cgt. If they tax on own residence, disgusting. If they take away negative gearing, would be shooting themselves in the foot coz all the polling are in. Considering housing market is a huge part of gdp, hence why interst rates are at record lows, there must be another reason for a change of policy.
