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It has nothing to do with the shop. I was making the comparison between different 'grades' of food (fresh fruit/veg vs noodles/rice) and shelter (rent vs ownership). I agree it shouldn't be expected that everyone will be able to own, many may not even want to. But there does have to be...

Home ownership is not a human right. Neither is a tax system which treats all assets exactly the same for investment purposes. Though if you listened to those in the thread with self, social or political interest in government decisions around either, you would think that it was the case. I...

My income was too high from other sources to do so. Just another inequality of the tax system. They are everywhere though (inequalities). It is an unreasonable expectation that absolutely everything in a complicated tax system can be treated on equal grounds. Especially so when there are...

I'm not opposed to seeing it removed from other asset classes. I ran a small business last year at a loss (more or less on purpose), which I wasn't able to claim against my regular income (it does differ between different business structures). Why should someone purchasing shares or property be...

If you can't afford to hold an investment property without deducting the excessive cost of ownership from other income sources, too bad. Earn more money or make greater sacrifices.

Agree with this: http://www.macrobusiness.com.au/2014/04/more-reports-negative-gearing-is-being-looked-at/ I think anyone trying to paint a picture where rents rise (at a capital city level) specifically as a result of a squeeze on supply (given the scenario where negative gearing can continue...

Once again you have stepped into the middle of a conversation and missed the point. skater was trying to explain why rents would rise with negative gearing removed from established property (which she still hasn't achieved as far as I'm concerned). She quoted Aaron_C's post on inner city rents...

Inner Melbourne is being flooded with new apartment stock presently & this is set to continue. I think the only one grasping at straws is someone expecting this won't put downward pressure on rents. Further more you are not making sense as this new stock would be what investors with the...

& those that buy new will add to overall supply. Those who stay out leave room for prices to fall (&/or rents to rise) until the areas they were buying make sense for yield investors to buy or renters turn to owners. I really don't think you've made much of a case for why rents have to rise...

Fair points truong. There may be pockets where rental demand is high with little room for new development that see an increase in rents, but I'd expect they'd be in the minority. I agree with your conclusion that "on average the overall market is likely to react quite mildly." Those areas with...

No I don't. In the scenario I foresee you have more investors buying new properties (incentivised by negative gearing benefits, while removed for established properties), this brings an increase in supply to the market. What you are saying is that all the renters will be fighting over the...

What investors want really doesn't factor in to the situation, market forces will play out despite their best wishes, I'm sure no Perth investors want falling rents at the moment... (but see attached) If negative gearing was kept available for new builds it would encourage increased...

Most property investors buy pre-existing housing, not brand new. They are only increasing the supply if they buy new. All the established homes will still be there regardless of whether an investor buys them or not. As suggested earlier in the thread, you could remove the ability to...