Housing plan is class envy: Morrison

Labor's crackdown on negative gearing and capital gains tax discounts will impact on average families, says the treasurer.

Treasurer Scott Morrison says Labor's crackdown on negative gearing will impact on average families. (AAP)

Treasurer Scott Morrison says Labor is engaged in "class envy" by seeking to tighten negative gearing and capital gains tax concessions.

Mr Morrison visited a police station in Queanbeyan on Wednesday to talk up the impact of Labor's policy decision on workers such as police officers who negatively gear property.

"The Labor Party likes to tell you that negative gearing is something for the highfalutin ... . the truth is more than 13,000 serving Australian police officers negatively gear," he told reporters.