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The Forum > Article Comments > The housing crisis makes everything worse > Comments

The housing crisis makes everything worse : Comments

By Natalie Rayment, published 21/11/2022

The housing crisis directly affects several other major issues too, like employment, health, inequality, climate change, and declining fertility rates.

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We have not seen anything yet.

Just wait until Albo's 250,000 immigrants per year start coming.

Shanty towns a la South Africa spread all around Sydney and Melbourne, wood smoke from cooking fires; filth in the streets; disease - the lot. Welcome to the Third World in Australia.
Posted by ttbn, Monday, 21 November 2022 7:43:17 AM
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While there are big profits to be made from property investments secreted away out of sight into family trusts by politicians at the top, nothing will change.

Meanwhile, the eight families who lived in tents on the grounds of Lurnea Public School in Sydney western suburbs, were moved on and out of sight by authorities, and the camp site defoliated to avoid more embarrassment to a failed politic.

Dan.
Posted by diver dan, Monday, 21 November 2022 8:39:13 AM
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TTBN, I'll have to get up a lot earlier, you beat me to it.

Between now and 2030, the Budget has got 1.5 million new migrants (for sure) going up against 1.0 million new homes (fairy story).

Housing crisis - gone. Rising wages - guaranteed. Plus low unemployment, and lots of spring flowers. is there anything woke-ness can't fix?
Posted by Steve S, Monday, 21 November 2022 9:22:42 AM
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Agree with most of the article. The solution is staring us in the face and resisted by various vested foreign interests/investors. That solution is rapid rail that is paid for by the rezoning and sale of the resumed land along a 2-5-mile-wide corridor. Where rezoned urban land adjacent to the new stations is sold to intending home builders/owner builders. Which would pay for the entire project!

Apart from that as the only viable solution with a snowflakes chance in hell of putting enough land and homes into the supply side, we also need to tackle the cost of living, food security, the cost of living and the nightmare from hell that is our energy policy. Cost of living and doing business is halved by eliminating profit demanding paper shuffling middlemen.

The only energy policy that addresses climate change and the exponentially rising cost of energy is Nuclear, i.e., MSR thorium/MSR nuclear waste burners, the latter burning waste we are paid to take!
Alan B.
Posted by Alan B., Monday, 21 November 2022 10:21:16 AM
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Dan., I believe you've nailed it. The elephant in the room is politicians' family trusts and their property investments.

Andrews e.g., reportedly had some 123 negatively geared rental property investments. Others may have more, or similar taxpayer assisted investments. They want their, rivers of gold, investment outcomes halved or quartered!?

Cost of living or producing food, creating building material or just building houses or manufactured items increases with the cost of energy. And further increased with the cascading tax impost! Here a tax there a tax-tax. Old MacDonald had a treasury, e., I., e., I., e., I., e., I., o

One third of the Australian workforce is reportedly taxpayer supported public servants, some of whom are clearly overpaid and underworked patently incompetent fat-cat dept. heads. Many of whom would die if they had to do a proper hard day's gut-busting, sweat soaked work on the end of a rock breaking sledgehammer!
Alan B.
Posted by Alan B., Monday, 21 November 2022 11:06:31 AM
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Only a town planner could believe that stacking people sardine like in stacked small boxes in Soviet style high rise apartments is an improvement in living standards for most.

People need much more personal space for things like back yard cricket to be happy at home. This push for the 15 minute city where we don't own cars, but walk, cycle or catch a bus is just a plan to reduce our lifestyle to feudal like times.

Releasing us to do what we will with our land would see a flood of building blocks hit the market, reducing land prices dramatically. Allowing private owners to subdivide their holdings in small/micro sub-developments would reduce the opportunities for large scale developers with gross mark ups enabled by shortages of building blocks. Stopping private small time subdivision is what generates high land prices.

What ever we do we must resist the 15 minute city, it will ruin most lives.

Stop worrying about those politicians' family trusts Alan. With the current drop in real estate values many are not only going to be negatively geared, but are going to be negative equity, with the banks making calls on the loans. Fun times ahead.
Posted by Hasbeen, Monday, 21 November 2022 12:10:47 PM
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