Comment on What you need to know about why house prices aren't coming down
FreedomAdvocate@lemmy.net.au 5 months agoThey’re outnumbered by the rest of us, but they are a large enough voting block to decide any election.
If they’re outnumbered, how are they deciding the election?
Because the rest of us don’t have houses and aren’t set to lose half our net worth by such policy changes. So, we have a variety of election policies that we prioritise.
When Labor propose making changes to the status quo, even with mild changes, they have historically lost the election.
It might be different next time, but it’d be a huge political risk to propose changes again after previous rejections.
Unless you’re going to sell your house, it halving in value is irrelevant. In fact your primary place of residence halving in value would be an amazing thing for most people, as then they would be eligible for many handouts and subsidies that they currently wouldn’t be thanks to means testing. People wouldn’t have to sell their house to be able to afford in-home care (which is ironic).
Rates would also go down.
guismo@aussie.zone 5 months ago
Because they own the media. Or they are the ones the media wants to please.
Seeing TV on the gym always make me wonder who the hell makes that content and who the hell is meant to consume it.
Are all the viewers real estate agents, house owners paying for renovation or people on yatch trips? I don’t see a single normal person on those shows.