Can't see them banning that to soon, they did it once before and...

Can't see them banning that to soon, they did it once before and govt was gawn. There are just to many people in high places using it unfortunately. Personally never saw the benefit of negative gearing, much prefer positive gearing and property paying for itself protects you when rental market gets slack.50% of my after tax income comes from positively geared property in Sydney and Brisbane. The early 90's were great, borrowing 200k at 18%, cannot understand why all the worry about interest rates. Property is medium to long term investment. If you are buying to live in does not matter if value goes up or down its the house you live in, I get sick of hearing people whinging about interest rates, if they go up adjust your lifestyle accordingly, you don't need the new iphone, laptop, big screen TV or coffee everyday learn to budget, take lunch to work etc.