In the history of the debate over property investor tax concessions, few issues have driven as much debate as negative gearing.
Over the years and decades, it has been a hot-button political issue; there have been a great many legends and myths that have built up around it, including a social media favourite, the house that blinks out of existence the moment it’s sold by a property investor to an owner-occupier.
One of the most prevalent myths is that the removal of negative gearing between July 1985 and September 1987 resulted in rocketing rents.
