Treasurer Joe Hockey believes rents will rise if negative gearing is scrapped, as proposed by the Australian Greens.
The Greens say ending negative gearing would raise $2.9 billion over four years, money that could be used to increase housing affordability and assist the homeless.
But Mr Hockey said the losses on a property were offset against the income of an individual, so if abolished, rents would increase - noting that about a half million middle income Australians had negatively geared properties.
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