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The Forum > Article Comments > Exacerbating Australia's housing shortage > Comments

Exacerbating Australia's housing shortage : Comments

By Marise Payne, published 1/10/2010

Labor's cash splash didn't save the country but it did inflate house prices.

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Get into your head, that the reason why our housing is so dear and the costs of everything, services and goods, is because over the last 40 years we have had gangs of morons organising the taxes. When the top tax is about the 66.6% as it was in the years from 1950 to 1970, it was the high tax on those who - like the same type today, increase their salary or other income, and this causes an increase in the price of all those goods and services that re find so repugnant and unafordable to the working man and all those on low incomes. If you have a look on the internet at "Tax history of Australia", "Tax history of the UK", and " Taxes around the world", you will get some idea how much the taxes has to do with the economy and job creation, remembering that the UK is in a depression, and we are skiming along on the edge of a recession..
Posted by merv09, Friday, 1 October 2010 10:49:42 AM
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In my last post, I ment to say look up the internet for "tax history of the US", and the US is in the problems of a depression.
Posted by merv09, Friday, 1 October 2010 10:54:04 AM
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This author does an excellent job of taking statistics out of context to create a scenario that fits in with their political standpoint.

What this author fails to do is actually address any of the real, significant contributing factors to the housing affordability crisis.
Posted by TrashcanMan, Friday, 1 October 2010 7:54:26 PM
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The greens and their loving labor pseudo - cohorts have their delerious public relation products which are feeding their lovechild, inflation, to support their sycophants and the unions many movements, hunger for all, at the entire nations affordable expense. When this feeding frenzy ends should these wreckers keep their pensions?
Posted by Dallas, Monday, 4 October 2010 1:39:22 AM
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what housing shortage?

our tax system rewards property speculators at the expense of those who just want to buy one home to live in.....if they can afford it!

thus, we get urban sprawl, land banking, a society divided into the wealthier property owners and the struggling non-property owners, and large firms of property developers having vast influence over our governments and media. another effect of our tax system is the cycle in our economy of bust and boom, growing numbers of homeless people, and houses owned by speculators kept empty in anticipation of future windfall profits on sales.

phase out negative gearing, increase capital gains tax, keep rates on empty properties at their full value, and gradually bring in the resource rental tax system as we phase out taxes on income and productivity. ie tax land, not wages.

more solutions on www.prosper.org.au and www.lvrg.org.au
Posted by brennie, Monday, 4 October 2010 6:02:09 AM
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there is a housing/shortfall?

i think the issue is more to do with govts favouring investers/with tax deductions...so they become..slum landlord's

[using renters..to pay-off their investment's]

and the minute..they get to have to pay-tax
they buy another-one

what a great lurk

[an endless tax-subsidy..for do nothings..
that only inflates the price]

the tax system is geared against tax payers/renters
the landlords even get rent increases..as govt subsidises rent

[we have learned how any increase...govt gives...to renters..
only goes to the landlord...giving poor any rent subsidy..only inflates the rent..they/have to pay

anyhow...how to change things is either
give equality to renters as investers get
[to wit tax deductability][and house payment assistance]

or bring in where one can buy half a house
[in share with govt/or investers...
their half..[or 1/5..or 1/10 th ]

house owners..can then buy..[at market value...
buy/share..more of their house..
or even sell..more of their house]

im particularilly upset with the recent sale of forrestry/land...[over 35,000 hectares,...for less than 20,000 per hectare...less than an hours drive from brisbane central]

govt effectivly sold/land..at its lowest value
[800 million for 35,000 hectare/plus]

when future home-owners
would gladly have bought it for double
tripple..in fact payed 200,000 per hectare gladly

govt could-well have put a harvest clause on it
with a development plan...[allowing even higher pricing for commercial-services/shopping centers..roads/transport..etc]

just at 200.000 per ghectare they could have raised 6 billion
not the pathetic 800 million they gifted it to mates for

were talking about a forrest
that could easilly be grown any-where

[qld is the size of greater europe....
how hard is it to grow wood...somewhere-else]

but govts cant think

they are after-all mostly party hacks..[ex lawyers]
following the party line blindly

its much the same for the other issues
of/old we know where the rail goes..development follows
but selfish govt..become ignorant..only listens to its own polling

[and those giving..them lucre]
[stealing from the poor/to gift to the rich]

bah...they think their..omnipotance..has no moral cost
to whom much is given/much is to be expected and repaid
Posted by one under god, Monday, 4 October 2010 7:33:20 AM
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