Wealthy WA investors use negative gearing more, and gain more of the benefits, than any other state in Australia. These benefits flow to the rich in WA even more than they do in other parts of the country.
This has contributed to an overheated, unaffordable housing market here in WA. First home buyers are priced out of the market altogether, or forced to buy in the outer reaches of Perth's urban sprawl.
WA investors use negative gearing more than the national average: