Preferences for negative gearing

Q: In more detail, ‘negative gearing’ occurs when an investor makes a loss on a property because the costs are larger than the rental income. When this is the case, they can deduct that loss from their taxable income, and pay less tax. Critics say this is unfair as it encourages investors to outbid first home buyers, but others say it is a standard deduction and helps investors boost supply of rental accommodation. What is your own preference for ‘negative gearing’?