Comment on Government urged to let Iranian women's football team stay in Australia until safety is assured

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MisterFrog@aussie.zone ⁨1⁩ ⁨week⁩ ago

We aren’t building enough houses. This is fact.

We have more houses per person, so it is not a fact. We do have a supply problem, because we’re not utilising our existing housing stock.

We do have a supply problem, but it’s wild you think it’s okay for wealthy people to screw the rest of us over. The supply problem is because houses are sitting empty, and tax incentives are such that profiting off of housing makes it an asset class people are pouring money into.

We could just decide tomorrow we’re going to keep housing prices nominally stable, make hoarding empty houses illegal (like, someone’s “freedom” to profit doesn’t trump the rest of our freedom of having somewhere affordable to live… we live in a society, not an anarcho-capitalist hellscape), and remove tax incentives that make housing such an attractive asset class.

We could be using these piles of money invested into unproductive assets (the house just sits there, the actual value from living there is far, far exceeded by the current price) and invest them in actual productive assets like companies and research.

Housing needs to be for people to live, not to profit.

We are building enough housing per person, that’s a fact, and I’ve given you the data to prove it. Yes, even with how many people were bringing in (which I agree, we ought not just aimlessly do).

But it’s plainly obvious that the reason housing is expensive is not because of the number of houses we have.

To be clear we have more housing per person than before, so the 7000 per week figure (also, is that net?), doesn’t really prove your point at all.

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