Housing, we all know

Submitted ⁨⁨16⁩ ⁨hours⁩ ago⁩ by ⁨Christobootswiththepher@lemmy.world⁩ to ⁨australia@aussie.zone⁩

It seems a good time to remember, in amongst the rhetoric of election campaigns that all parties will keep house prices where they are.

The way back to affordability is 10-20 years of marginal house price growth, to enable housing to come into line with long term trends. Fluctuations that are radical pose radical problems for politics. So they opt for the sustained. This is what I think Australia’s (and others) future housing comes down to the (continued) debasement of currency through broad (stealth) taxation.

What a game.

I suspect voting preferences will swing around the late 30s quite bad :-/

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Seagoon_@aussie.zone ⁨12⁩ ⁨hours⁩ ago
I suggest we also remember that prices are only half the story, wages have stayed flat for 50 years. Our wages have 1/3 the buying power of 50 years ago.

Join a union

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- Christobootswiththepher@lemmy.world ⁨1⁩ ⁨hour⁩ ago
  Absolutely.
  
  The populaces awareness of inflation taxation is what drives part of the cryptocurrecy fever. People have grown impatient again at being fucked over by banking policies.
  
  Join a protest.
  
  Penny auctions anyone?
  
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DampSquid@feddit.uk ⁨15⁩ ⁨hours⁩ ago
It’s also important to remember that Dutton, who owns 26 houses (and, admittedly, every other rich fucker in parliament) have zero interest in lowering house prices.

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goodthanks@lemmy.world ⁨14⁩ ⁨hours⁩ ago
How the hell are wages going to rise though. Everthing I see points to continued stagnation.

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- Seagoon_@aussie.zone ⁨12⁩ ⁨hours⁩ ago
  UNIONS
  
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- Christobootswiththepher@lemmy.world ⁨14⁩ ⁨hours⁩ ago
  The only way for wages to rise is through innovation. I have a R&D company. I can’t see any other way
  
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  - goodthanks@lemmy.world ⁨12⁩ ⁨hours⁩ ago
    I see it as more of a demand and supply issues. I’m an engineer and all my unpaid overtime over the last few years never resulted in an adequate pay increase because too many qualified people want my job, despite the value it added the company, which leading the market in a competitive new technology. The bargaining power isn’t there.
    
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maniacalmanicmania@aussie.zone ⁨16⁩ ⁨hours⁩ ago

The way back to affordability is 10-20 years of marginal house price growth, to enable housing to come into line with long term trends. Fluctuations that are radical pose radical problems for politics. So they opt for the sustained. This is what I think Australia’s (and others) future housing comes down to the (continued) debasement of currency through broad (stealth) taxation.

Is this what you support or this you’re description of current policy?

I suspect voting preferences will swing around the late 30s quite bad :-/

Pardon?

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- Christobootswiththepher@lemmy.world ⁨3⁩ ⁨hours⁩ ago
  That is my read of the current policies. And political mechanics (no matter which party).
  
  If home ownership continues to drop at current rates, by 2030s there will be a majority of non-home-owner voters, who will swing the political sphere, as home owners have been doing.
  
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