You need to be reasonably wealthy and well-paid to even get the deposit and leverage necessary to enter the real estate market. So many people are excluded from sharing in all those leveraged capital gains. Labour's core support used to be from those who were not so wealthy. However I agree that the current after tax yield curve, has meant that those who are able to invest in assets, whose returns are mostly in the form of capital gains, are the beneficiaries of current policy and the system.