Fixing Australia’s housing crisis requires cooperation, not political perfectionism

Source: espersooty

5 Comments

  1. The discussion around the CPRS and pontificating on it at the start of the article was weird.

    It was legislation written by the Labor and Coalition, when it failed, new policy was written with the Greens and implemented. 

    The Coalition later removed it, but they would have removed the CPRS as well if it just so happened that the Greens agreed to that instead. 

    As far as the housing situation goes, Labor wants to dole out bandaid measures to avoid rocking the boat, the Greens want to go harder and rock that boat, the Coalition don’t want to give Labor any wins before an election and Labor doesn’t want to give independants / Greens any negotiating “wins” at all for the same reason. 

    The royal clusterfuck will continue it seems.

  2. It requires one of a few things, stop mass migration or ban non citizens from purchasing homes, that includes permanent residents.

  3. Whoever campaigns on getting rid of negative gearing will have my vote in the upcoming election.

    Edit: housing investors here downvoting me?

  4. Funny how they want to try everything except for reducing demand for housing, isn’t it? Supply and demand dictates prices, and it is much easier to reduce demand than it is to increase supply.

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