"Or do you really think they spend $1 to get back 30 cents in...

"Or do you really think they spend $1 to get back 30 cents in tax deductions lol?"

yes, i spend 1 dollar to get 40 cents back which i will never get back if i don't negative gear.

Hawkers, how much tax benefit do you get back from tax office if you don't negative geared? 0%.

I do negative gearing and am in the 40% bracket, i atleast get back 40 cents in a dollar, but for you get 0 cents in a dollar.

in 10-15 years time, when the prices will be more than i will be sitting on a equity plus the tax benefits.