The national project to fix housing affordability is off to a slow start but, from deposit schemes and negative gearing to immigration and construction delays, the reasons are complex.
Those objecting to the densification of Australia’s cities needn’t worry because there aren’t enough tradies to build the apartments anyway.
I love Kohler’s writing, he’s got this gentle satirisation style that punctuates the sometimes dry topics he covers.
Anyway supply and demand, how about the electorate start realising demand is the problem as well, and maybe we’ll get there. I suppose the problem there is it comes back to the Upton Sinclair quote,
It is difficult to get a man to understand something, when his salary depends upon his not understanding it
Too few home owners are willing to sacrifice their personal slice of wealth for a more stable national settlement. So the ivory tower grows, so the space on each floor narrows. Such is a downside of Australia’s strong ownership rights largely only enforceable by the already wealthy.
I love Kohler’s writing, he’s got this gentle satirisation style that punctuates the sometimes dry topics he covers.
Anyway supply and demand, how about the electorate start realising demand is the problem as well, and maybe we’ll get there. I suppose the problem there is it comes back to the Upton Sinclair quote,
Too few home owners are willing to sacrifice their personal slice of wealth for a more stable national settlement. So the ivory tower grows, so the space on each floor narrows. Such is a downside of Australia’s strong ownership rights largely only enforceable by the already wealthy.