Some clueless people posting in this thread.
Misty, take all the "rich" people negatively gearing their residential investment properties. Now remove all the tenants renting them because without Neg Gearing there's not a way many people will afford them in the first place.
Now have Chinese and cashed up Asians buy all those houses to migrate to Australia.
Where are your socialist renters now living? Oh that's right garbage bins and cars.
