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#HousingCrisis

25 posts20 participants3 posts today
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Day 15 cont #Labor 🏡🏠🏡🏡🏡🏡🏡🏠🏡🏡💰

“A re-elected #Albanese government would allow all Australian first home buyers to purchase with a 5 per cent deposit, avoiding lenders mortgage insurance, in an expansion of an existing scheme.

The government will also commit $10 billion to build 100,000 new #homes exclusively for #FirstHomeBuyers, and will introduce a $1,000 instant #TaxDeduction from 2026-27

Last minute policy. Details? Cant we address the existing problems?

#AusPol / #LaborParty / #housing / #HousingCrisis / #Financialisation / #NegativeGearing
<abc.net.au/news/2025-04-12/ele>

ABC News · Labor proposes to let all first home buyers purchase with 5 per cent depositBy Olivia Caisley
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Day 15 cont #LNP 🏡🏠🏡🏡🏡🏡🏡🏠🏡🏡💰

#Coalition Leader #PeterDutton has announced a plan to allow first-time buyers of newly built homes to be able to deduct interest payments on up to $650,000 of their #mortgage from their income taxes.

The #policy would mean a family on average incomes would be around $11,000 a year better off — or $55,000 over five years”

Last minute policy. Details? More deductions from the government instead of fixing the existing problems.

#AusPol / #Liberal / #coalition / #housing / #HousingCrisis / #Financialisation / #NegativeGearing <abc.net.au/news/2025-04-13/coa>

ABC News · Coalition to unveil plan to let first home buyers deduct mortgage payments from taxesBy Jacob Greber
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Day 15 cont 🏡🏠🏡🏡🏡🏡🏡🏠🏡🏡💰

“I want to help #YoungPeople and #FirstHomeBuyers achieve the dream of #HomeOwnership,” — #AnthonyAlbanese said.

#PeterDutton (#LNP / #Liberal) has announced a $10bn tax cut measure, which would give #Australians who earn up to $144,000 relief of up to $1,200 in the upcoming financial year.”

What a load of horse💩. Where is the strategy to industrialise the housing Industry to drive down costs and increase quality? <youtube.com/watchv=36I6jCrWTvQ>

Does #Labor want people to #buy or #rent? Where is this discussion? If not where is the plan to rollback (middle class #welfare) house investment & #NegativeGearing? Where is the talk of #EducationalDebt? Free TAFE for Tradies won’t solve these problems.

Dream on Labor.
Libs, $1200 dollars 😆🤭🤣🤣

#AusPol / #Labor / #LaborParty / #housing / #HousingCrisis / #Financialisation / #NegativeGearing <theguardian.com/australia-news>

Two takeaways from this article:

1) the housing crisis isn’t only a Canadian phenomenon

2) the folks in charge continue to (intentionally or otherwise) misunderstand the problem as simply one of supply. Until steps are taken to de-couple the purpose of housing as a place to live with housing as a commodity/investment, simply ‘slashing red tape’ and increasing density will only provide more inventory for speculators.

“Simply put, Australia has not been building enough homes to meet the demands of its rapidly growing population, creating a scarcity that makes any available home more expensive to buy or rent.

Compounding the issue are Australia's restrictive planning laws, which prevent homes being built where most people want to live, such as in major cities.
Red tape means that popular metropolitan areas like Melbourne and Sydney are far less dense than comparably sized cities around the world.”
#CDNPoli #CDNElxn2025 #HousingCrisis

bbc.com/news/articles/cq5wlevy

An aerial view of the Sydney city skyline with views of the harbour, rows of inner city houses and green spaces. Rows of orange roofs dot the foreground, with the blue water of the harbour running in between white and black skyscrapers and Sydney Tower in the background on sunny day.
www.bbc.comAustralian house prices: Why are they so high?Australia's housing crisis has hit its worst point in decades, becoming a key issue in the upcoming election.

City of Moreton Bay Clears Homeless Camps, Discards Belongings.
The City of Moreton Bay Council has started removing tents and personal belongings of rough sleepers as part of a crackdown on "illegal" homeless encampments.
Early Wednesday morning, council rangers and police began dismantling campsites north of Brisbane, leaving those without shelter with even fewer options.

#MoretonBay #Homelessness #HousingCrisis #BetterNotBigger #Greed
abc.net.au/news/2025-04-10/cit

ABC News · City of Moreton Bay throws homeless people's tents into garbage trucksBy Kenji Sato

The current issue of Maclean's magazine has 25 ideas to cope with Canada's housing crisis. Here's one, remove the profit from housing. That would eliminate the overcommodification of housing by real estate parasites and lessen the flipping and renovictions we're seeing across the country. "In Europe, non-profit housing is for people of all income levels. Why do Canadians think it’s mostly for low-income residents?" #housingcrisis #housing #nonprofit #canada macleans.ca/longforms/how-to-f

The Grafton Institute is gaslighting Australians about the housing crisis. This taxpayer-funded think tank, backed by corporate interests and Melbourne University, constantly promotes the supposed benefits of mass immigration while ignoring the serious downsides: soaring housing costs, overwhelmed infrastructure, lower productivity, declining living standards, and environmental damage. Why won’t they tell the whole story?

#HousingCrisis #Australia #ImmigrationPolicy

macrobusiness.com.au/2025/04/g

MacroBusiness · Grattan Institute gaslights on housing crisisThe cognitive dissonance of the Grattan Institute is a sight to behold. This captured ‘think tank’, funded by taxpayers, corporate interests, and Melbourne University, continually produces propaganda on the immense benefits of running a mass immigration program while giving scant attention to the negative externalities on the housing market, infrastructure, productivity, living standards, and the