The Daily PerspectiveHelp to Buy Is Lifting Buyers into Homes, But It Cannot Fix Australia's Housing Shortage
#HelpToBuy #FirstHomebuyer #HousingAffordability #PropertyMarket #AusNews
MarkLabor’s #HelpToBuy legislation passed the House in Feb 2024.
The #Greens are blocking the bill in the Senate.
#housing #property #CostOfLiving #DomesticViolence #auspol
https://ministers.treasury.gov.au/ministers/julie-collins-2022/media-releases/passage-help-buy-legislation
Passage of Help to Buy legislation | Treasury Ministers
The Albanese Labor Government’s legislation to establish a national shared equity scheme Help to Buy has passed the House of Representatives. Help to Buy will bring home ownership back into reach for 40,000 Australian households. This will be life changing for thousands of Australians who have been locked out of the security and stability of home ownership.
Action for Fire Safety Justicehttps://www.theguardian.com/money/2023/jul/05/help-to-buy-has-trapped-me-in-an-unsellable-cladded-flat Help to Buy is an unregulated financial product with zero oversight , and close to no recourse. Homes England have recently changed the administrator of the loan WITHOUT INFORMING BORROWERS. #housing #housingcrisis #helptobuy #BuildingSafetyCrisis
Emeritus Prof Christopher May#GeorgeOsborne's #HelptoBuy scheme (now wound down) has not been the success he claims.
as Phillip Inman concludes, its 'real legacy has been to massively inflate the market, swell housebuilders’ profits & leave many buyers in negative equity' as well as underpaying the building of a lot of shoddy #housing.
Who really benefitted? Surprise, surprise, the major construction firms; not the people who Osborne claims did well out if the scheme.
More #tory bullish*t
https://www.theguardian.com/society/2023/mar/31/10-years-on-what-did-george-osbornes-help-to-buy-scheme-really-achieve
Dick Smiths Fair Go SupportersBitcoin uses some #eWaste, that can be #recycled.
Housing #speculators waste entire homes and #land that could be #urbanFarms, demand constant govt support, #helpToBuy schemes, #propertySpruiking seminars to indoctrinate #youth, extreme levels of #immigration and bombing to make #refugees and other #handouts to prop up the #ponzi, wasting needed resources and #energy.
Tell us again where big bad #bitcoin bit you.
#whyBitcoin #housing #housingSpeculation #speculation #realEstate #housingBubble
Bitcoin uses some #eWaste, that can be #recycled.
Housing #speculators waste entire homes, and #land for #urbanFarms, who demand constant govt support, #helpToBuy schemes, #propertySpruiking seminars to indoctrinate youth, extreme levels of #immigration and bombing to make #refugees and other #grants and #handouts to prop up the #ponzi, wasting precious resources and energy.
Tell us again where #bitcoin bit you.
#whyBitcoin #housing #housingSpeculation #speculation #realEstate #housingBubble
@FrontGreen
We wish you safe operations as you occupy.
Is your intention to break down the #cronyCapitalist, #rentseeking and #labourExploitation culture in the #UK(?)?
Have you heard of #geoism (or #georgism)?
With love from #DickSmithFairGoSupporters in #Australia.
#giabo #bankerOccupation #neofeudalism #tooBigToExist #gentrification #speculation #fiat #moneyPrinting #bankOfEngland #helpToBuy #ponziScheme #pyramidScheme
@techbolt
<see prev>
...#BrexitParty actually saying on these topics. You may not trust them but that's a different matter. We don't fully trust anyone. We may examine them ourselves.
Agree some will be worse off, but in relative terms those who do actual #productive work should gain over #speculators.
#HelpToBuy must go too, for example.
BJ threatening to bring in #carcinogenic #food from t #USA should mobilise #Britons to reject him fully - he wants #Brexit to fail.
AndrewFFS 🤬 Can we get rid of these useless, heartless Tory Twunts already‽
Rather than helping home ownership of young ppl, the gov's #HelpToBuy scheme has helped boost house builders' profits and increase their stock dividends paid by ~40x!!