If your going to use that argument they should allow negative...

  1. 1,400 Posts.
    lightbulb Created with Sketch. 32
    If your going to use that argument they should allow negative gearing on all other investments, imagine the wash sales at June every year as people claim "temporary losses" against their personal tax

    You would be basically underwriting the share market with tax, think about the distortion it would create.

    That's what's happening in RE
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.