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Housing Supply Issues #HousingMarket

#HousingMarket #RealEstate #HeiseSays
Housing supply issues are getting worse.

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  1. Victoria isn't asking all the profits. In fact, I would argue they are levying a fair share of those proceeds. The tax is far lower than the tax I pay doing productive work.
    Effectively when you get your farm rezoned, realistically you get massive windfall.

    You seem to be hell bent on concentrating wealth Heise. Policies like Victoria's, is a recognition that we have a wealth concentration problem globally.
    Yes, I would like smaller government, but since we have a big government, I'm not interested in having to pay 40% tax on wages and GST, so some rich farmer doesn't get his/her windfall taxed.

  2. Brisbane has to stop spreading and continue densifying. Remove the circa $60,000/unit infrastructure charges for all infill housing and apartments, zone all land within 5kms of a railway/busway station as high density 10 stories.
    Keep the $60,000 infrastructure for all new lots to discourage urban sprawl.

  3. The government needs to stop creating housing pressure through importing more people! How many are they planning to import in the next few years? 2,000,000, yes that’s right, TWO MILLION PEOPLE.

  4. So many houses and units are vacant because of the way the tax system works, we have a massive over supply.

    If the govenment only allowed tax deductions for the primary house that you live in and not investment propertys it would change.

    Its so desprate to keep property's artificially inflated but its all coming to an end soon and the quicker the market can correct, the sooner the recovery can happen and things get back to normal. But its clear, the free money ride is nearly over and sooner then first thought.

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