freediver wrote on Apr 30
th, 2024 at 12:22pm:
Quote:Meanwhile you are claiming high Oz house prices are due to Mcmansions, yet tiny old dumps are also high-priced in Oz.
It's more about where they are. Location, location, location.
And yet the housing crisis is real in Oz.
Your policy of moving workers to the bush won't work because cities need workers too.
Quote:You mean, which Xi (and you) blamed someone else for,
No. I don't mean that (surprise, surprise..)
I mean the CCP discovered the
limitations of free markets bent on regarding houses as private wealth creation investment vehicles - like the US in 2008 and Oz now.
Quote:like a spineless bureaucrat.
Wrong again; he had to learn the limitations of free markets the hard way, like the US and Oz.
Quote: No wait, he did not blame anyone in particular, ...
Gee, signs of correct analysis ie, the free market, not "anyone in particular" was to blame ...let's read on:
Quote:just a vague, unidentified group.
See how your "freedom"/
efficient free-market ideology cripples your brain?
The free market isn't a "vague, unidentifued group", it's the total of self-interested players - aka 'the invisible hand - in the market.
Needless to say market failure is often the outcome.
Quote: I guess we will have to wait until they die in their mansion before the CCP makes them a scapegoat for everything.
I guess we will have to wait until you overcome your 'freedom'/
freemarket efficiency delusions.
Quote:Both of the original comments were about the rental market. You used the availability of houses for rent in one post as evidence of a housing crisis, and in another thread using lack of availability of rentals as evidence of a housing crisis.
In the context of the Oz housing crisis.
It's the free market ideology of rent seekers who assert they need negative gearing to be able to supply sufficient housing for renters.
Xi - and you - have to learn public housing is required alongside private housing
whether owned or rented, to avoid a housing crisis based on ever-rising house prices (and falling home ownership, as in Oz).