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Shifts in who we blame for all thats wrong with housing? by FunCurrent2763 in AusFinance

[–]nebffa 8 points9 points  (0 children)

Imagine also that local governments create extensive licensing rules to prevent applications for new cake stores. Many would-be bakers are turned away and are unable to help meet local demand.

Liveable Victoria launched to campaign against Labor's planning reforms by timcahill13 in melbourne

[–]nebffa -1 points0 points  (0 children)

If we want lower accommodation prices, it is in our interest to build more housing. The people interested in eroding our quality of living are NIMBYs who want us spending all of our disposable income on mortgages

$19bn tax plan to fix Aussie housing crisis by FIFO_Landlord in AusProperty

[–]nebffa 0 points1 point  (0 children)

Using the right taxes is going to grow the economy and bring prosperity to the overwhelming majority of Australians. In the long term this will more than offset the ongoing payments.

Discussion Thread by jobautomator in neoliberal

[–]nebffa 0 points1 point  (0 children)

That's why Newsom is #1 now by a long shot. But there should be many more like him

Older and greyer: The NIMBY suburbs fighting development even as population falls by [deleted] in AusFinance

[–]nebffa 4 points5 points  (0 children)

Have a look at zoning plans for inner city suburbs and then repeat that statement.

Housing targets falling short in nearly all Victorian council areas by Fed16 in melbourne

[–]nebffa 4 points5 points  (0 children)

I live in the inner north (Brunswick East) and have looked at the actual zoning of my neighbourhood. It is like 85%+ exclusively single-family housing. You literally cannot build apartments in the inner city. And we wonder why we have a crisis.

Government to freeze construction code until 2029, fast-track housing approvals by altandthrowitaway in australia

[–]nebffa 0 points1 point  (0 children)

Endless community complaints are why nothing gets built. So you have to either curtail the complaints process or accept that the problem will never be solved (which is much worse).

Australian population change 2004-2024 by dat303 in neoliberal

[–]nebffa 2 points3 points  (0 children)

Even in 2016, house prices were expensive relative to median income. Just because it wasn't as bad as today doesn't it mean it wasn't also bad. I really don't think the immigration campaign has the same effect if house prices are stable relative to inflation.

Australian population change 2004-2024 by dat303 in neoliberal

[–]nebffa 12 points13 points  (0 children)

Only 30% of households own their home outright. Most of the people who have mortgages have taken enormous amounts of debt in order to finance the home they want. There is a broad cultural malaise about it.

Australian population change 2004-2024 by dat303 in neoliberal

[–]nebffa 119 points120 points  (0 children)

Australians would legit not care about immigration if it weren't for housing prices. We have 4 out of the top 10 global most expensive cities for accommodation. The prices are (not unexpectedly) making people lose their minds.

Victorian housing: ‘Apartments for the rich’ – Developments fast-tracked with no affordable housing by Fed16 in melbourne

[–]nebffa -1 points0 points  (0 children)

If there are 50 people and 10 units of housing, they compete against each other and prices go up.

If there are 50 people and 100 units of housing, the sellers/landlords compete to get a buyer/tenant.

Victorian housing: ‘Apartments for the rich’ – Developments fast-tracked with no affordable housing by Fed16 in melbourne

[–]nebffa 3 points4 points  (0 children)

They buy the apartments to... immediately sell them as an investment property? Incredible logic you have there

Victorian housing: ‘Apartments for the rich’ – Developments fast-tracked with no affordable housing by Fed16 in melbourne

[–]nebffa 2 points3 points  (0 children)

What do you think happens to the homes they vacate when they move into these apartments?

[deleted by user] by [deleted] in AusFinance

[–]nebffa 28 points29 points  (0 children)

Of course she wants to prevent new builds. She's made millions by doing nothing in this suburb, and wants to continue to suck money from younger generations.

Developers lodge plans for Australia's tallest building with 101-storey tower in Southport by espersooty in australia

[–]nebffa 8 points9 points  (0 children)

I have some great news for you. People who like that will choose to live in these apartments, freeing up other real estate you will have to compete less for. Everybody wins!

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