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:eek: Glad I'm not one of those 1,110,922 other property "investors". :D To put it another way. 92% of the population either rent or just have a mortgage for the house they live in. 5% of the population are quite happy to spend money on property speculation to maybe get 40% of that...

IIRC, I thought the government had the view that negative gearing is allowed as there is an expectation that the investment will eventually turn an annual profit and the investment would then end up paying tax. BUT, I guess 90%+ of property investors (and probably a vast majority of...