In the words of Housing Minister Clare O’Neil: “We’re not trying to bring down house prices…That may be the view of young people, [but] it’s not the view of our government.”

Likewise, Anthony Albanese made clear that because of his new housing policy called the First Home Guarantee that: “There will be a slight increase in prices”.

Indeed, during the last election, both the PM and then-Opposition Leader Peter Dutton clarified that they wanted house prices to keep rising, with the former Leader of the Liberal Party saying he wanted house prices to “increase steadily.”

To be clear, neither the banks, the property speculators nor the Albanese Government want house prices or rents to fall.

When we talk about a ‘housing crisis’ in Australia, we need to be clear that Australia does not have a ‘shortage of housing’ crisis, but an ‘access to housing’ crisis.

#AusPol #Housing
https://thepoint.com.au/opinions/260317-the-fake-gas-and-housing-shortage-is-australias-real-crisis

The fake gas and housing shortage is Australia’s real crisis

Australia doesn’t have a shortage of houses, a shortage of gas, or a shortage of bullshit about housing and gas supply. Australia is one of the world’s largest exporters of gas, but we’re often told we don’t have enough gas. Likewise, Australia has more houses and apartments -- in absolutes terms and per person -- than we did in the 1960s.

@luciedigitalni "One percent of taxpayers now own a quarter of all rental properties. Yes, read that again if you have to."

Eeek.

@fluids_guru @luciedigitalni i'm starting to wonder if the optimal campaigning strategy is to target investors with a ridiculous number of properties.

If you say that you're taking negative gearing away from anyone with more than 10 properties, I can't imagine even Sky News pretending that will affect "mum and dad investors" (god I hate that phrase)

And then once the foot is in the door, we can negotiate downwards.

Biggles 20X6! (@[email protected])

@[email protected] @shlee Both. And more! Rent control to make investment properties unattractive. A progressive landlord's tax that increases the tax on EVERY property each time you add another to your portfolio. Real Estate/landlord audits/inspections to ensure houses are up to code or being maintained in a timely manner. Empty property tax.

Aus.Social