Negative gearing (a way to merge unlimited losses from investment property into your personal tax return) and the core, multi-generational opinion that investme

Negative gearing (a way to merge unlimited losses from investment property into your personal tax return) and the core, multi-generational opinion that investment property is the best way to build wealth in Australia and no property tax (equivalent is rates which are significantly lower on average than the US and stamp duty which is only payable on the sale of a property) has causes massive investment in non-PPOR properties as well as massive property inflation costs in general.