Many Labor and Trade Union Branches are favouring motions that want to relieve property speculators of their Government Subsidies and transfer that money towards home Owners with mortgages such as Many Young Couples Are Saying The Fault Is With Property Specula new
GOVERNMENT TAX SUBSIDY TO PROPERTY SPECULATORS

Young Married Couples who cannot afford a home condemns the obscene tax subsidy to
landlords and property speculators. Young Married Couples who cannot afford a home recommends that the payment to those wealthy speculators be ceased. That the money be used to subsidise
true home owners by subsidising percentage % of the interest that is paid into their
mortgage. This would benefit those who need it most and help with their
housing affordability. Many young couples who go to view a block of land or a vacant house find that they are beaten to the winning post by very wealthy investors who already have 5 to 20 houses as collateral and are being subsidised by the Federal Government this is obscene. It has been the Howard Governments policies that have created this situation. People need to join the Labor Party to change the thinking within the Labor Party at the moment. It is the wealthy Labor Politicians who are carrying on with the same ideology only a strong commitment from young voters who are still in rent can change these policies.

Bronco

Your solution seems to involve restricting peoples rights. Do you think this a good thing? Have you considered that property investors aren't afforded any special advantages over people conducting other commercial enterprises?

Now what would happen if landholders were accorded more rights over their land? For example, what would happen if more landholders were able to divide their blocks in two? Wouldn't this open the market up to competition and so reduce prices?

Dear Fester Your solution seems to involve restricting peoples rights.
What are you talking about Fester ?
I will still have my blocks of land and five properties and I am means tested for having them. I do not consider that Government will be rstricting my rights thay are not compulsory purchasing them I still own them and will be able to leave it for my children.Do you think this a good thing? Have you considered that property investors aren't afforded any special advantages over people conducting other commercial enterprises?

Now what would happen if landholders were accorded more rights over their land? For example, what would happen if more landholders were able to divide their blocks in two? Wouldn't this open the market up to competition and so reduce prices? Fester why not let us have more sub dividing in condensed built up and rural areas.
It is all about fairness in our day it was three times the amount of anannual wage now it is ten times please give the kids a chance Howards Capitalism has hit them extremely hard.

I don't think there is any easy way out of the housing crisis in cities that have a constant population increase. Houston, Texas, pop 6,000,000, is a growing city and may have the best system to provide affordable houses but it would not be an easy one for governments to introduce.

First, they have an annual property tax of around 3% of the value of the property. Second, they allow developers to buy up surrounding farmland or forest and establish estates in whichever style they deem attractive to buyers, some grand, others more modest. Houston constantly spreads ever further out and so far the poor folk stay in cheap houses nearer downtown and are ringed by three concentric beltways they can't access easily.

People buy into the estates or areas then after 30 years they can vote to change their zoning and let in light industry or whatever they think commercially attractive.

Third, there are plenty of trailer homes either in parks or on private blocks of land out on the perimeter where tornadoes love to go!

Fourth, there are collections of little shacks here and there, someone rents these very poor folk an odd bit of land and they can stay there for a time.

Good houses are less than half the price of our not-so-good houses. All developments have schools, shops and soon other amenities develop within reach. Multilane roads, some the equivalent of the one that the Victorian government has taken 8 years to do, are built out toward all new developments within years. The authorities require developments of cheaper housing alongside more expensive estates.

The downside is that houses are not good investments. The property tax keeps the prices down. Position is everything but a good block of land is worth usually worth more if the house is demolished. A 30 year old house is is "old" and a liability. Also zoning can change.

It is not perfect, public transport barely exists except for school buses. It is not particularly "environmental", but it is a constantly growing city with many good, affordable houses.

Avfah

Your comment “Housings costs are too high and caused by government policies” summaries the situation in a nutshell.

Policy problem 1 – negative gearing given to only investors in residential property

If the government throws away our taxes for purchase of residential property should not home-owners also receive the tax break?

Why is the wealthier of the two groups receiving a hand-out?

Why does the government expect the rest of the community to pick up the tab for running the country and at the same time fall all over themselves in supporting investors with tax breaks?

Useful link that explains NG in a page

http://www.prosper.org.au/2007/11/01/negative-gearing-incompetence-or-conspiracy/

Policy problem 2 – invite into Australia 200,000+ immigrants per year and make sure there is not enough housing/accommodation to go around. This encourages rental bidding wars for one of life’s most basic needs – shelter.

I noticed on your website there is a FAQ link.

I do not know if you are interested but here is an idea. Add a link called Parody or Parodies. I believe humor could be effective in highlighting the regressive feudal mentality driving those in power and their puppeteers – the vested interests and mainstream media.

As it happens, here is one (parody) I prepared earlier. Feel free to use.

http://zzalanz.googlepages.com/investorsruleok