Comment on Why Super for Housing is a Bad Idea - Purplepingers
ada@lemmy.blahaj.zone 4 months agoSorry, I was being a bit tongue in cheek there. The economy will continue to be shit for people who struggle to afford home ownership whether or not they can use superannuation to help get their foot in the door.
wscholermann@aussie.zone 4 months ago
I think the point is if you are trying to fix housing early withdrawal of super is not the answer for all the reasons given.
There are other solutions and it would take multiple policies working in tandom.
ada@lemmy.blahaj.zone 4 months ago
Sure, but by the time those solutions are in place, another generation of people will have been denied the chance own property
The answer is short term relief combined with long term change. Denial of short term relief because of hypothetical long term strategies that aren’t going to be implemented helps no one.
wscholermann@aussie.zone 4 months ago
Super is not the short term relief you are looking for though… More people floating around with more money would just push up the prices even more.
Now if we started talking about increasing supply perhaps, that would be a different story.