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I don't think neg gearing concessions have much to do with price growth at all. Only a small % of houses are owned by investors in Aus, so their influence on the market is minor. At certain times in certain areas and pricepoints they will be an influencing factor on price - such as in a...

I hope there is a house price hike; a rise of any more than 5% nationally (and where my joints are) will make me more money (wealth) than I am currently earning through actual work. It pays to get as big a footprint as you can I guess. GO HARD, Melb r/e!! :D