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freebooter posted:I don't have the statistics to prove anything but my gut feeling is that the problem with our hosed housing market is more to do with investors and less to do with empty nest boomers hanging on to their PPOR. Stamp Duty. Kill it and give everyone a 20 year land tax. ACT is half way there I think.
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Jun 28, 2023 09:18
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Even aside from the boomers stamp duty feels incredibly outdated for the needs and wants of younger generations. My partner and I scrimped and saved to buy a 2-bedroom unit in the 600-700 range and got our first homebuyer's exemption, but if we were to move house to a place of equal value (again: a 2-bedroom unit) we'd be on the hook for about 35k, or basically what it would take both of us two years to save up for. Two years of joint savings on nothing but a relocation tax is nuts. I would much rather be shelling out a few hundred bucks in land tax to the government every year in perpetuity than have to pay a mind boggling amount of money simply for the privilege of moving house. It feels like something that hasn't been updated for inflation in house prices since the 1990s when anybody paying 650k for a home was buying a 4-bedroom house in Kew, as opposed to a clapboard 1970s unit where the windows all rattle every time I gently close an interior door. Going past a financial sense to an ideological one, stamp duty also feels outdated in that seems rooted in a mid-century era when people bought their ~First Home~ in their 20s and stayed put forever instead of getting divorced, changing jobs, having to move back to their home state to care for a dying parent etc. It is not the 1950s and people should not be penalised for being (often unwilling) rootless cosmopolitans.
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Jun 28, 2023 09:50
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freebooter posted:I don't have the statistics to prove anything but my gut feeling is that the problem with our hosed housing market is more to do with investors and less to do with empty nest boomers hanging on to their PPOR. property speculation and investment are heavily encouraged to a degree that's caused a property bubble over the last 20 years or so, and downsizing is also not encouraged and all the speculative investment nonsense probably helps encourage the elderly to hang onto their larger homes so their kids can inherit them and so on
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Jun 28, 2023 10:28
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freebooter posted:While I fundamentally agree with this... Pretty much my feelings on the subject. It's also a massive own goal to attack these people as a priority because they are an easy example for the real villains to put up as martyrs to deflect any real criticism.
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Jun 28, 2023 10:40
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i personally think we can solve this problem by blowing up the nuclear family with hydrogen bombs
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Jun 28, 2023 10:53
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the answer lies somewhere in the middle nuke investment properties
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Jun 28, 2023 11:00
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I think living in the same house you raised your kids in until you die sounds nice and cheery, and used to be realistic in a smaller world that didn't have such a focus on continuous population growth. But we realistically don't have the space for it anymore, not unless you want to pop out a few more million plus sized cities around the coast.
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Jun 28, 2023 12:05
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What’s the go with that inland rail project.
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Jun 28, 2023 13:57
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berejiklian found to be corrupt by icac
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Jun 29, 2023 00:29
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lih posted:berejiklian found to be corrupt by icac And no charges on her whatsoever. Crime pays well if your rich.
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Jun 29, 2023 01:01
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Comstar posted:And no charges on her whatsoever. Same with the investigation into the corrupt lawyer and the cops, prosecutor refusing to press charges against anyone. EDIT: The treasurer, Jim Chalmers, denies Australia’s first budget surplus in more than a decade comes at the expense of under-pressure households as the cost of living rises, AAP reports. gently caress you Jim Chalmers. hooman fucked around with this message at 01:19 on Jun 29, 2023 |
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Jun 29, 2023 01:10
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hooman posted:Same with the investigation into the corrupt lawyer and the cops, prosecutor refusing to press charges against anyone. It would have been a deficit if not for blind luck on ore prices. Tbh you can say "[any statement about Australia going to poo poo financially] if not for blind luck on ore prices" and be correct most of the time
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Jun 29, 2023 01:36
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Konomex posted:I think living in the same house you raised your kids in until you die sounds nice and cheery, and used to be realistic in a smaller world that didn't have such a focus on continuous population growth. But we realistically don't have the space for it anymore, not unless you want to pop out a few more million plus sized cities around the coast. I'm not personally sold that continuous population (read: "economic") growth is necessary, but if it is, then Australia has plenty of scope to decentralise.
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Jun 29, 2023 01:44
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Comstar posted:And no charges on her whatsoever. the findings against her were about her failing to report suspicions she should have had about maguire & failing to manage the conflict of interest caused by their relationship. bad certainly but not criminal
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Jun 29, 2023 02:11
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lih posted:berejiklian found to be corrupt by icac
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Jun 29, 2023 02:37
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freebooter posted:I'm not personally sold that continuous population (read: "economic") growth is necessary, but if it is, then Australia has plenty of scope to decentralise. Why do we want economic growth? Because it theoretically leads to quality of living growth. Anyway, time to tank quality of living to grow the economy.
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Jun 29, 2023 03:23
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This was all over a function hall for a clay pigeon shooting club and was not a financial success:quote:The $5.5 million Wagga Wagga gun club “function centre” project at the heart of the probe that felled Gladys Berejiklian as NSW Premier has turned out to be a taxpayer disaster — and even a financial albatross for the club itself.
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Jun 29, 2023 03:48
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Imagine writing this unironicallyquote:The project was to create “up to 91 FTE (full-time equivalent) and 86 resident jobs”; deliver over $2m a year to the local economy; and provide “international promotion of the City of Wagga Wagga, regional Australia and Australia as a whole”.
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Jun 29, 2023 03:54
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I would blow Dane Cook posted:Imagine writing this unironically Technically 1 job falls within "Up to 91"
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Jun 29, 2023 04:06
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sometimes you gotta say WTF
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Jun 29, 2023 04:11
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Come have your event in Wagga Wagga, only a short 5 hour drive from Melbourne/Sydney
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Jun 29, 2023 04:39
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The news is eulogising Gladys as a great person that just made a mistake, but she didn't financially benefit, so it's all good, don't forget her hard work, btw feel bad for her for having has this hanging over her head for two years and getting away with it. E: are you telling me that Wagga Wagga of all places doesn't have its own international air port???
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Jun 29, 2023 05:10
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Air port? We won't rest until Wagga Wagga has a blue water sea port.
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Jun 29, 2023 06:24
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Resident Idiot posted:Air port? We won't rest until Wagga Wagga has a blue water sea port. Wagga Wagga beach resort and casino, coming soon!
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Jun 29, 2023 07:13
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Returning to a story from earlier today, and disgraced war veteran Ben Roberts-Smith was filmed leaving the offices of a bankruptcy lawyer in Perth on Thursday morning, less than an hour after a Sydney court learnt he had agreed to pay the costs of his failed defamation action
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Jun 29, 2023 08:17
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https://www.abc.net.au/news/2023-06-29/covid-clinics-melbourne-close-funding-cut-victorian-government/102532120quote:Six respiratory clinics in Melbourne will close as state government funding dries up, in a move some doctors fear will put staff and patients at risk
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Jun 29, 2023 09:07
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Synthbuttrange posted:https://www.abc.net.au/news/2023-06-29/covid-clinics-melbourne-close-funding-cut-victorian-government/102532120 do we have specific influenza clinics? Trying not to be inflammatory here but I think this is bringing it line w other illnesses now
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Jun 29, 2023 09:11
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Covid's death toll was 7500% higher than influenza last year. On track to be a smaller number this year, but still many times higher than the flu. Covid's not going to be in line with the flu for a long while. But anyway, yes, the article says there are still 17 clinics, so honestly it probably does make sense to close a few.
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Jun 29, 2023 11:39
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Mola Yam posted:Covid's death toll was 7500% higher than influenza last year. And its just going to be a total coincidence that the ones that are shut just happen to be in the lower socio economic areas.
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Jun 30, 2023 01:44
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hey when do we have to vote for the voice? or is it not up to the people vote for it stage yet?
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Jun 30, 2023 02:38
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Non Compos Mentis posted:hey when do we have to vote for the voice? or is it not up to the people vote for it stage yet? Yeah it's at that stage, it passed parli last sitting. No date but it will be in September by the sounds of things.
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Jun 30, 2023 02:40
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Non Compos Mentis posted:hey when do we have to vote for the voice? or is it not up to the people vote for it stage yet? September has been floated a lot. Certainly likely to be in spring. The referendum has to be held between two and six months time from the 19th of June (the date the bill enabling it passed) so it’s going to fall between late August and early December.
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Jun 30, 2023 03:53
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NPR Journalizard posted:Which is why we need an incentive to get them to move hth Pension benefits based on total income and assets. Can't bring myself to care about some boomer whinging about the price of their meds when they're living in a property worth north of a million dollars.
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Jun 30, 2023 05:50
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Megillah Gorilla posted:Pension benefits based on total income and assets. Aged pension is already means tested, including PPOR.
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Jun 30, 2023 06:13
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The family home is the kind of thing that works when you have multigenerational families, not when you're expected to leave the home and start over- which was only remotely sustainable when you had shitloads of cheap housing specifically to enable that lifestyle. (for white people) The housing market is fundamentally incompatible with the ways people are forced to live, and something has to give.
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Jun 30, 2023 06:37
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Hobart City Councillor Louise Elliot, who owns short-stay accommodation, said it felt like the Tenants' Union's report was "targeting individuals", which she said was a disturbing trend. "I had a call yesterday from a lady in tears who was begging me to tell her how she can give her short stay permit back," she said. "She's had horrible graffiti spray painted outside her property saying 'f*** your Airbnb' and she was literally in tears from this and she hasn't even started operating as an Airbnb or as a short-stay property. "There's a big assumption that just because someone has put in to apply for a permit, it doesn't mean that they have an intention to use short-stay in the near future or even at all, a lot of people are getting permits just in case."
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Jun 30, 2023 06:38
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Megillah Gorilla posted:Pension benefits based on total income and assets. I can.
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Jun 30, 2023 06:41
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I would blow Dane Cook posted:"She's had horrible graffiti spray painted outside her property saying 'f*** your Airbnb' and she was literally in tears from this and she hasn't even started operating as an Airbnb or as a short-stay property. uh-huh. 
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Jun 30, 2023 06:43
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Nah I’ve seen the photo, the graffiti was real.
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Jun 30, 2023 06:44
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Ms Elliot said it would not be hard to have a property portfolio worth over $2 million. "$2.6 million isn't actually a lot of money in this setting given our house prices have exploded," she said. "So I don't think that's a fair measure at all because there's a big difference between equity and actual cashflow. She said short-stay was only a small part of the housing situation and "an individual owner is a tiny part of that". "I understand people are concerned about short-stay accommodation and the impact it has on our housing crisis and that's a valid point and one should be addressed," she said. "But that should be argued at the right level, not by investigating individuals."
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Jun 30, 2023 06:51
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