I AM WARNING THE PRIME MINISTER! Don’t touch negative gearing

Real Estate Market Wrap.Let's have a look at the facts: There are 8.5 million properties in Australia are investment properties, housing around one-third of the populationNearly 50% own just one property The profile of a typical investor is someone earning less than $100K a year; it’s the school teachers, firemen, plumbers, nursesIf the Government mucks around with negative gearing, those 8.5 million investment properties will be affected.We’ve got to look at Underquoting Laws. Iro...