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How government increases housing prices : Comments
By Vladimir Vinokurov, published 31/3/2017Compared to local salaries, Australian cities are among the world's most unaffordable places to live. But you may not know why.
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To create an exponentially expanding pool of money used exclusively to fund it off budget?
Decentralization and new cities, replete with their own CBD's, schools, shopping arcades/centres and industrial estates, is more about when rather than how, and every decade of delay just effectively doubles required infrastructure spending/roll out!
The oldies were able to do this and massive, now impossible? Nation building projects!
But we can't? Why? Are our current crop of leaders so abysmally dumb or financially illiterate? Or are they and their clung to with rare determination, self serving, highly flawed policies the actual problem? Which is in no way alleviated by diabolically dumb, up and out expansion of already overcrowded cities!
Up and out suits the needs of established big department stores, office towers and developers, rather than the general (economically enslaved, captive cash cow) general populace!?
Redevelopment just costs more in the long run, every which way, than just building from the ground up somewhere else!
We are not short of room, just ideas and affordable energy, which only needs to be coupled to affordable assured (desalinated seawater) potable water, along with some rapid rail links! And very doable and affordable, currently!
That done and all else will follow!
Alan B.