freediver wrote on Apr 17^th, 2024 at 11:18am:


Number of homeless, car sleepers, couch surfers,  caravan/tent dwellers.

Percentage of income swallowed by mortgage payments or rents.

Lack of houses for rent.

Falling home ownership rates since the 1980s. 


Quote:


Not all houses are "better quality", and indeed dumps in Sydney are now "worth" close to a million bucks, in the Oz-wide  housing-price ponzi driven by ever-increasing demand backed by high immigration, and rising private indebtedness during the low interest rate era - now coming home to roost for late entrants to the ponzi scheme as interest rates have risen and remain high.   

Either way, the free-market 'housing as investment vehicles' greed-based policy, in conjunction with reduced public-housing as part of "small government " ideology, has resulted  in the current housing crisis, the problem to be solved today.   

freediver wrote on Apr 17^th, 2024 at 12:19pm:


Ahha.. FD up to his old tricks, taking just one of the points made which he thinks he can run with...but in fact even that ONE point he has stuffed up.

google

"It's never been tougher for renters looking for a new home, as the national rental vacancy rate falls to a record low amid Australia's housing crisis. New PropTrack data showed that the national vacancy rate declined 0.12 percentage points (ppt) to 1.07% in February.

And re your desperate diversion, namely "Why is 'better quality houses' not an alternative explanation for the higher cost"?

Answer:


Because not all houses are "better quality", and indeed some dumps in Sydney are now "worth" close to a million bucks, in the Oz-wide  housing-price ponzi driven by ever-increasing demand backed by high immigration, and rising private indebtedness during the low interest rate era - now coming home to roost for late entrants to the ponzi scheme, as interest rates have risen and remain high.   

Either way, the free-market, greed based (rent-seeking) 'housing as investment vehicles' policy, in conjunction with reduced public-housing as part of "small government " ideology, has resulted  in the current housing crisis, the problem to be solved today.   i

freediver wrote on Apr 17^th, 2024 at 1:18pm:


"It's never been tougher for renters looking for a new home, as the national rental vacancy rate falls to a record low amid Australia's housing crisis. New PropTrack data showed that the national vacancy rate declined 0.12 percentage points (ppt) to 1.07% in February.

That your ideologically crippled brain sees an inconsistency  between  "availabity of houses for rent" made available by greedy rent-seeking landlords for renters who would rather own a home, and lack of availability of houses for rent, as quoted above, is not my problem.    

Pulitzer Prize-winning journalist Ian Johnson introduces us to the brave people inside China that are challenging the Chinese Communist Party on its most sensitive ground: its control of history.


https://www.abc.net.au/listen/programs/latenightlive/meet-china-s-underground-hi...


Well worth listening to.

freediver wrote on Apr 17^th, 2024 at 1:57pm:


Not when cashed up rent seekers are buying  houses which should be available for first home buyers, or which should be owned by the government to maintain sufficient public housing.

Frank wrote on Apr 17^th, 2024 at 3:49pm:


Being a listener to ABC RN, I heard it.

Adams was sucked in by Johnson's fake"freedom" ideology, so couldn't offer a balanced counter-critique. .

Speaking of your fake "individual freedom" ideology, I see you and FD have abandoned the 'foundations' thread..

Deplorable.   

freediver wrote on Apr 29^th, 2024 at 1:39pm:


Where is the illogicality in:

"Not when cashed up rent seekers are buying  houses which should be available for first home buyers, or which should be owned by the government to maintain sufficient public housing."

Obviously houses ARE  available for purchase by cashed up rent seekers,  but simultaneously not available for 1st home buyers who are priced out of the market.