Positives in negative gearing: "SELF-employed Wendy Higgins owns 22 investment properties, worth $5million, but without negative gearing probably the only house she'd own would be the family home... Ms Higgins bought her first investment property in 1999 after spending 24 years working for a bank... She believes any attempt to remove [negative gearing], as the Keating government temporarily did in the 1980s, would be a disaster for both owners and renters [she means owners]."

The rich get richer and the poor get the picture... the wealthy if they do not dissipate their surplus and capital can buy more, add field upon field until they dwell alone upon the earth. The process of land concentration ('accumulation') continues inexorably until it is checked or reversed by some form of land reform, or failing that some sort of war or revolution.

Positives in negative gearing: "SELF-employed Wendy Higgins owns 22 investment properties, worth $5million, but without negative gearing probably the only house she'd own would be the family home... Ms Higgins bought her first investment property in 1999 after spending 24 years working for a bank... She believes any attempt to remove [negative gearing], as the Keating government temporarily did in the 1980s, would be a disaster for both owners and renters [she means owners]."

The rich get richer and the poor get the picture... the wealthy if they do not dissipate their surplus and capital can buy more, add field upon field until they dwell alone upon the earth. The process of land concentration ('accumulation') continues inexorably until it is checked or reversed by some form of land reform, or failing that some sort of war or revolution.