Give councils cash to help bring down housing prices: think tank

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Local councils would get money directly from the federal government as a reward for approving more and higher-density housing under a proposal to help poorer and younger Australians get a foothold in the property market. | swrighteconomy

Local councils would get money directly from the federal government as a reward for approving more and higher-density housing under a proposal to help poorer and younger Australians get a foothold in the property market.

The OECD found ownership rates had fallen across every generation for several years, but in every case, people on lower incomes had suffered the most. “A big problem is NIMBYs who don’t want more people living where they live. That stops other people, living in another part of the city, moving to that suburb,” he said.“Just about every complaint about increased densities or more homes has people complaining about increased traffic, congestion, more people in local parks. That can be dealt with.”, could have its mandate changed.

He said much of Australia’s unmet housing demand of recent years had been “hidden” as people lived in bigger households than they wanted.

 

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swrighteconomy Good news for developers

swrighteconomy Developers lobby group's corruption at peak level. Fill the thousands of empty apartments first.

swrighteconomy Build more ugly, poor quality rubbish, over burden young people with debt and destroy the quality of our suburbs….the developers are getting their political lobbying dollars worth again. The councils are just pigs in the trough.

swrighteconomy A million vacant homes on census night suggests we don't have a supply issue. Scrap negative gearing.

swrighteconomy Yeah this won’t be open to corruption. Poor housing standards here we come.

swrighteconomy Why doesnt Australia have a mandated inclusionary zoning policy wherein developers must allocate a percentage of new builds of certain densities to social/ affordable housing ? As occurs in most OECD countries ? DanielAndrewsMP AlboMP

swrighteconomy Didn't someone publish something recently about vacant houses in towns in Australia? Then it is about constructive work to make certain the old houses are maintained. Not endless pour on the poor for that other ugly that may break the building and construction laws.

swrighteconomy So we need to incentivise councils to increase housing density? If they are the problem, why let them have a say? The money that councils waste fighting developments that are reasonable and VCAT approves all ends up increasing the cost of housing. Remove councils from the process

swrighteconomy Centerlink is the best and has so many benefits plus guaranteed federal/state/council benefits. Making fun of our life and hard work thinking we will have good life but its about them always. I will never send my children to university.

swrighteconomy Fk me. So we need more dense housing is that right? Bring in more HK/ Chinese developers to build out a highly congested South Bank, South Yarra and what not, all of which has destroyed property values

swrighteconomy Anything but actually addressing the systemic factors that promote landlord-ship over owner-occupier-ship.

swrighteconomy So that current ratepayers get no say?

swrighteconomy 🐘🛋'Unprecedented growth in house prices': OECD calls for cap on housing tax breaks benefiting the rich

swrighteconomy Only if there was a guarantee on shoddy work and materials

swrighteconomy

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Give councils cash to help bring down housing prices: think tankPoorer, younger Australians have suffered one of the biggest falls in housing affordability. A leading economist says councils should get cash to lift builds.
Source: brisbanetimes - 🏆 13. / 67 Read more »

Give councils cash to help bring down housing prices: think tankPoorer, younger Australians have suffered one of the biggest falls in housing affordability. A leading economist says councils should get cash to lift builds.
Source: brisbanetimes - 🏆 13. / 67 Read more »

'Unprecedented growth in house prices': OECD calls to cap tax breaks benefitting the richCapping tax breaks for housing could help reduce house prices and ensure that property is not concentrated in the hands of older and wealthier Australians, the OECD says. In Australia voted to continue incentives to landlords Yep exactly what Labor took to 2019 election and to some by elections with favourable support. They lost 2019 election due to miners in Qld and lies from Morrison not because of this prescient policy. But as usual they dumped all the good work in favour of low key. How about we just increase interest rates so the poor and the working middle class just stop buying houses instead? Or sell them cheap because they can’t service the mortgage?
Source: abcnews - 🏆 5. / 83 Read more »