In Australia people rarely expect to profit when renting out. It's all about negative gearing to offset your income tax and sell the property for a profit later

In Australia people rarely expect to profit when renting out. It's all about negative gearing to offset your income tax and sell the property for a profit later and move up the ladder. So on one hand you could say the renters get a good deal but in the long run the upward price pressure makes it tougher for everyone.