https://www.eastbaytimes.com/2025/05/20/meta-facebook-billion-housing/
h/t @mloxton
https://med-mastodon.com/@mloxton/114545892313658138
#California #meta #HousingCrisis #housing #HousingAffordability #HousingAvailability
@dyckron
Yes, Australia is likely to follow if Canada tips into recession. Even if we avoid a technical recession, real living standards here are already falling—wages, housing, and services are all under strain.
As for mass immigration, it’s helping headline GDP and supplying cheap labour, but per capita outcomes are going backwards. Without matching investment in infrastructure, housing, and wages, the policy is becoming economically and socially unsustainable.
#auspol #ausrecession #immigrationpolicy #costoflivingcrisis #housingaffordability #gdppercapita #canadarecession #massimmigration
#assistedlivingcosts #boomerfinancialsecrecy #budgetingwithparents #caregiverstress #elderfinancialabuse #familyfinancialplanning #familywealtherosion #financialliteracy #financialtransparency #financialtrauma #generationalmoneytalk #housingaffordability #intergenerationalwealthtransfer #millennialanxiety #millennialfinancialburden #moneytaboo #parentaldebtdisclosure #Ponzischemevictims #RetirementPlanning #reversemortgagerisks
Melbourne: A rare house price oasis in Australia’s overheated property market.
While most capitals are pricing out first home buyers, Melbourne is quietly becoming more accessible — thanks in large part to Victoria’s investor-targeted tax regime.
No praise, of course, is given to the state government for:
• The Vacant Residential Land Tax (discouraging empty homes)
• Higher land tax rates on investment properties
• The windfall gains tax on rezoned land
These measures have cooled investor demand and helped keep prices within reach of everyday buyers. Other states take note.
https://www.macrobusiness.com.au/2025/05/how-melbourne-transformed-into-a-house-price-oasis/
#melbourneproperty #housingaffordability #firsthomebuyer #victoriapolitics #propertyinvestors #realestateaus #melbournehousing #australianproperty #housingpolicy #landtax #macrobusiness #propertymarket
According to CoreLogic’s April home value index, Melbourne is the nation’s cheapest major capital city property market. Melbourne’s median dwelling value was $786,158 at the end of April 2025, $119,605 (13% lower) than the national capital city median. The improved affordability of Melbourne’s housing market comes after five years of relative stagnation. As seen in
OnlineFirst - "Financialization, housing rents, and affordability in Toronto" by Martine August and Cloé St-Hilaire:
#financialization #rents #rentalhousing #Toronto #housingaffordability
https://journals.sagepub.com/doi/full/10.1177/0308518X251328129
$10.billion Housing Australia Fund Is it DOING enough?
Why ? is the Fund NOT investing DIRECTLY in fasttracking home building and/or mortgage relief ? This would immediately stimulate sectors of the economy such as builders and suppliers. Plus the new homes would be provided FAST.
https://m.youtube.com/watch?v=qV9eJOLRt2Q
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#australia #government #election2025 #election #housingaffordability #economy #homelessness #scandal #scam