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The Forum > Article Comments > Economy, climate ‘more important than Covid’ > Comments

Economy, climate ‘more important than Covid’ : Comments

By Graham Young, published 1/10/2020

Annastacia Palaszczuk’s tough border policies are winning support from up to three quarters of Queenslanders but that might not be enough in itself to clinch the October 31 election.

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Dan. Eloqently put mate!
Alan B.
Posted by Alan B., Thursday, 1 October 2020 12:56:58 PM
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Dan I think you are letting your ideology get in the way of clear thought.

Out here in the tree change sticks, I know a few landlords. Many around here sold a house in the city, bought 2 or 3 acres out in the sticks, built a retirement house, no mansion, & used the cash thus freed to buy a house or even 2, [poor fools], in the outer suburbs of some city. These were usually new build, promoted as a "superannuation" investment for those too old to have any of that.

OK so they were a bit dumb to fall for the pitch, but the figures appear good enough to have fooled many accountants, who were asked to advise on the proposition. By the time they have paid exorbitant council rates, & landlords insurance premiums & maintenance, there is not much retirement income, although it may be a good investment for their grand kids.

Even those who started years ago, with time increasing their equity can not access any of it, as they can't get anyone to refinance them. Far from having a mythical jack boot on someones neck, they are stuck providing accommodation for someone, & getting little for it. Just one bad damaging tenant, or a small run of costly maintenance repairs can see some of these people eating beans on toast for months.

I saw through the plan, but many did not. Far from having a jack boot on some tenants neck, many feel they are under the jack boot of the landlords & tenants act, & can find no way of economically getting out from under.

To my mind, any one offering housing for rental is a mug, caught by an attempt to secure their retirement. I would only invest in industrial or commercial premises rental, but right now, with our restrictions, that probably means you can't afford the beans to go on the toast.
Posted by Hasbeen, Thursday, 1 October 2020 1:17:22 PM
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Deb Frecklington has attacked the Queensland Premier on slow re-opening of the State borders- especially with N.S.W.; and stated that the Premier should exercise her "authority" to over-ride the Chief Health Officer. As she has shown many times in the lead-up to the State election on 31 October, Ms Frecklington does not know the basics- and puts her foot in her mouth every time she opens it. Even if Deb Frecklington becomes the Premier, Dr. Young would still be the Chief Health Officer. Even if she was not, the replacement would still be the only person who has power to act on the matters where the CHO is empowered: vide Part 7A, Chapter of the Public Health Act (Qld). Likewise the Police Commissioner, the State Emergency Disaster Co-ordinator and a number of public servants hold powers that a Premier or Minister cannot over-ride
Posted by Cyclone, Thursday, 1 October 2020 6:10:33 PM
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@Alan B.

"Thorium" nuclear energy? is a high cost, high development risk technology that is untried commercially.

Cheaper collectors of fusion nuclear energy, converting this energy into electricity, is far preferable.

This means more solar cells and large batteries, capturing the Sun's fusion energy, will save sunny Queensland.
Posted by plantagenet, Thursday, 1 October 2020 11:40:19 PM
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For crying out loud ! What's wrong with people ?
Aircraft carriers & submarines have been nuclear powered for half a century without a glitch & people still aren't convinced ?
The only thing that makes nuclear power plants unsafe is when they're on land & too big where they are susceptible to earthquake & tsunami as we tragically witnessed inRussia & japan.
Have many small plants that can be controlled & isolated at short notice. Why not do what they do in Russia, deploy de-commissioned nuclear powered ships & use them until better technology is guaranteed ! They can be moored safely in rivers, away from towns & why not put small floating plants into lakes or large ponds further inland ? As technology become more readily available they can be swapped or put aside & mothballed.
We need to start realising that water is the most stable base for such plants. Use it !
Cooling won't be a huge problem either with water all around.
Posted by individual, Friday, 2 October 2020 7:07:32 AM
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hasbeen

Yours is a view. Mine is a view from a different perspective.
I criticise the official Government business model for domestic housing which divides a nation firmly into two categories. The haves and the have nots.

Your preferred model is not doing so nicely on the median view ATM, with Queensland coming up trumps for the highest proportion of mortgage defaults and deferrals.
Ask why.
Your model, cry as you might about the suffering of the landlord, has a crude simplicity to it which, if costs increase pass them on to the tenant.

Your model is a fail for this reason, it has an imperative for its success built on ever escalating house prices: Great for the landlord, not so great for the tenant,
It has an imperative to maintain overpopulation as its motivator, and it relies on a large base of potential tenants desperately attempting to house themselves and their families.

There is an example of this on the central coast of NSW. the vacancy rate is point three of one percent.
One vacant renter was exampled recently with a crowd of two hundred potential tenants
lined up to view it.

Move to cheaper areas you would say. Firstly there is a thing called a job. If your fortunate enough to have one of those, then you also have a need to live within reasonable distance of it.
Secondly, the housing gold mine syndrome has moved to regional areas long ago.
Buy a house in a regional area and the best of luck trying to sell it at the overpriced it has become.

I’ll conclude with etc etc.

Dan
Posted by diver dan, Friday, 2 October 2020 8:56:08 AM
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