...The author should of course, be applauded for his honesty in informing Australians that the “King is wearing no cloths”. As the cynic I am though, I hold little hope anything will change in the housing market which seems to insist that poor quality Australian housing stock is good value.

...And as Gail Kelly spends one night a year sleeping in a cardboard box, to demonstrate her loving nature towards the homeless, she will join the throng of realtors, developers and caring Government officials making sure (all in their own little way), that the stock of homeless Australians, remains firm for the sake of the “industry”, and, for as long as possible, Australian homes remain ridiculously overpriced for the sake of profit!

...I admit to an omission above; in my list of pigs swilling at the housing trough, I neglected to include the “Banks” (I wonder if that could be classified as a “Freudian slip”): And another incongruity, that of Gail Kelly, a white South African born, with a penchant that allows her “bleeding heart” to run all-over the homeless while she presides (at the same time), over a merciless institution with an overactive penchant to destroy, without mercy, (while in the act of securing the treasured ?asset of the bank?), those unfortunate enough to fall behind in mortgage repayments!

with the Governments total lack of control over our borders housing is safe. Up to 30 people per house are looking to rent in Perth.

Good article but as Diver Dan says nothing will change both major parties have their hands on this. There is no votes in fixing the problem, but plenty in maintaining it.

Runner chri-stain charity in action, logic and compassion are no friends of his.

We reportedly, are under producing housing, by as much as 140,000 units per year.
We continue to build close to or in already overcrowded grid locked cities, where the dwellers produce 2.5 times more carbon than their country cousins! We need therefore, to decentralise.

[This would along with repealed stamp duties, put downward pressure on house prices.]

We could help that, by rolling out rapid rail links and then rezoning some of the resumed rural land as urban, at places which would be logical station stops.
The sale of the rezoned land, would then refund all the money required for the roll out.
Yes sure, we are probably talking about a trillion in forward funding? Numbers which cause visionless, timid, trembling, self serving politicians, to recoil in horror?
Size does matter!
We need to jettison negative gearing, and instead, allow better tax breaks on brand new housing development/urban renewal.
This would have a better chance of creating a surplus on the supply side.
If continuing GST funding really did become dependant on state pollies finally honouring their promise, to entirely jettison stamp duties, it would be honoured forthwith!
Any revenue shortfalls could be made up and then some, by any state govt rail operator, retaining ownership of their rapid rail links and the virtual rivers of gold that would increasingly flow from these, with every fuel cost/price rise!
Commuting will become increasingly dependant on electric vehicles, parking stations with recharge facilities, and rapid rail links.
If Australians were given a choice of high density housing in gridlocked, crime riddled cities; and or, traditional urban housing and back yards?
They would vote with their feet, as a 90%+ demographic, that preferred the latter; but particularly, if the new satellite cities were connected to the capital cities, with very rapid comparatively low cost rail links.
Given passengers were supplied with free WiFi, they could use the commute time productively, to study, attend to business concerns/ video conferencing etc.
The time and money saved, could be redirected, as more quality, stress free, family time etc. Rhrosty.

cornonacob

wow suddenly you are a believer.