A foreign-owned media empire not only shaping the housing debate, but profiting directly from it?
Murdoch’s News Corp now owns real estate listings, mortgage platforms, property data firms and most of the media megaphone in this country — and they’re using that platform to steer the national housing conversation in ways that just so happen to benefit... themselves.
It’s no longer just bias — it’s vertical integration of propaganda and profit. A single company now helps drive housing policy outcomes by flooding the public sphere with editorials, headlines, and slanted coverage — while quietly monetising the very market conditions it helps create.
Where are the regulators? Where’s the outrage? Why is a foreign-controlled corporation allowed to manipulate both sides of the ledger — public opinion and private finance — while pretending it’s just journalism?
This is not a free press — this is a real estate racket with a printing press.

#ausmedia #auspol #housingcrisis #murdoch #newsCorp #mediabias #mediaownership #aushousing

https://theconversation.com/murdochs-news-corp-has-moved-into-the-mortgage-business-where-are-the-regulators-259039

Today's politicians are glorified wealth managers, and the courts do nothing about it.

How is it a justice system if the government isn't being charged for accommodation, when beds and security are not provided at shelters? It's a government responsibility and duty whether they wrote a law to accommodate or not. They have enough laws to cause the problem. How about a few cases to punish them for doing this?

#AusHousing #HousingCrisis #WinterAppeal

Katherine Murphy: "*LOLs*, You couldn't have created more favourable conditions for the creation of an investor class"

#AusHousing #Inequality

https://www.theguardian.com/australia-news/audio/2023/nov/25/alan-kohler-on-how-housing-policy-entrenches-inequality-australian-politics-podcast

Would this be chaotically evil?

Every #CommunityHub in each city or council recieves a paid subscription to planning and governance for all intents to build an #EcoVillage of up to a 1% of the areas housing.

Sites are chosen from locally available failing land sites. (My city has about 30+ whopping big mistakes)

The impacted governments wipe all regulatory costs.

The community hub raises money by the usual means: grants, fundraising, ...

Homeless people get to camp/park on site as a free source of labour (with waived building training etc).

Everyone who can help can do so like any old work bee and building material donation site. Inviting volunteer groups who have the appropriate skills and licensing covered.

Universities and everyone pitch in with expertise and ideal planning for world's best practices in eco-village innovations and evolution. (Not just a big pretty planner's dream).

The result goes straight into a 25% of income means tested register that allows people with higher incomes at various times to ensure housing and uptake remain constant.

After 10 years it's yours to keep if it's your only place of residence.

#AusHousing #HousingCrisis

In all the kerfuffle over housing I haven't ever seen a single apology from cool businesses and specialists who converted houses to business premises in the gentrification wave.

The local MP here has one. It's still cool despite all the empty office space issues of remote work and back to the office being a punching down point. It's not even mentioned right alongside Airbnb assholery. Why did they get a free pass in a housing crisis?

#GTFO #AusHousing #HousingCrisis

The #RBA has previously estimated about 880,000 loans on fixed rates will expire this year, and the peak in this wave is expected around the second half of this year. Morgan Stanley analysts have said the big four #banks have $141 billion in fixed-rate loans due to mature in the six months to September. #AusHousing #ausproperty

https://www.smh.com.au/business/banking-and-finance/banks-brace-for-refinancing-avalanche-as-cheap-fixed-rate-loans-expire-20230406-p5cyog.html

If you're buying a house, and waiting over two years for it to come to construction. But it might go insolvent with market changes.

How close to being in a Ponzi scheme do you think you are?

#AusHousing