Comparison To Other Countries
Australia, Japan and New Zealand allow unrestricted use of negative gearing losses to offset taxes due to income from other sources. Several other OECD countries allow some offsetting with restrictions imposed, including; USA, Canada, Germany, Sweden, and France. Applying tax deductions from negatively geared investment housing to other income is not permitted in the UK or the Netherlands. With respect to investment decisions and market prices, other taxes such as stamp duties and capital gains tax may be more or less onerous in those countries, increasing or decreasing the attractiveness of residential property as an investment
Read more about this topic: Negative Gearing (Australia)
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