OK I guess I have your attention however my thoughts are based on the idea of super funds could only be for primary home you live in .not investment after home you live is finalised super funds to return as per usual or if home sold prior to retirement age all funds payed to loan shall be returned to super fund with interest I know of 4 young families that have had children at a young age raising children paying rent and work there finger to the bone. chance of raising a home deposit 0. I can think back a few years to see how well my super funds handled my money they invest in a poor stock market of witch I have no say in it crashes and who got screwed for thousands that rite us Australians .Something else to think about life expectancy is longer witch means more people on age pension that means a none home owner on a pension is provided a rent payment however a home owner is not cost savings to Australia billions..Oh and as for comments on selling body part's I personally have had 2 lung collapses in past 4 year's and have been told I will require a lung transplant in the future if a comparable Donner is available when necessary so what you find humorous others may find distasteful.
If next gen could use employers super controbutions to fund their home loans would it not make housing market easier for our children to buy into housing market plus provide work for building industry as well as making term of loan shorter creating a boost for Australian economy..sure super fund company's may loose or become lenders but could it be beneficial as person retired without a home is payed rental assistance costing government funds .
I would suggest that money is one thing, but productivity is another.
Or to put it another, let's step away from looking at things from a money perspective. How does the house come to be? Well, first we need timber, concrete, granulate materials, fasteners etc. We have these in spades. We have lots of land. We have a climate that is a bit hot at times, but I'm guessing it's easier to build here then in Sweden in winter.
How about productivity and people. Well, we don't build house like they do in some jungles. We have power tools, laser levels, good access to information, access to fresh water (see what they need to do in Dubai). Capital equipment like bobcats, excavators, scaffolding is quite cheap. Really we should be killing it here.
Our education and access to education could be better, but for the most part, we have skilled people to build.
Regulations. Now there's a problem. Far far too much.
Land price? Again, way to much regulation.
So why is housing so unaffordable. I don't think been allowed to borrow money does it either. Because the latest Audi S3 is 11k cheaper then the previous model, and you can borrow money to buy one of these too.
Personally I think is regulations. And a lack of ownership of the community by the populace. We need to consult central control to scatch our arses. Written permission is required for anything and everything.
I to don't have the answers but from what I've seen of Australian government is not thinking out side of the box to busy discussing marriage equally fact is it's not my or anyone's business whom another person chooses as a partner and is wasted parlamentory time just pass it know one cares except some religious groups that have plenty of priest on molestation charges .Not forgetting many other issues like airport more money spent on feasible studies than it would cost to build .and whole heap of measuring you know what's against each other when I leave this earth it would be great to political party's actually be a bit more workable with each other rather than road blocking each other and getting nothing at all achieved.
If next gen could use employers super controbutions to fund their home loans would it not make housing market easier for our children to buy into housing market plus provide work for building industry as well as making term of loan shorter creating a boost for Australian economy..sure super fund company's may loose or become lenders but could it be beneficial as person retired without a home is payed rental assistance costing government funds .
Keep squeezing that lemon boys...
Stew
20 Nov 2016, 08:22 PM
If next gen could use employers super controbutions to fund their home loans would it not make housing market easier for our children to buy into housing market plus provide work for building industry as well as making term of loan shorter creating a boost for Australian economy..sure super fund company's may loose or become lenders but could it be beneficial as person retired without a home is payed rental assistance costing government funds .<br /><br />
OK I guess I have your attention however my thoughts are based on the idea of super funds could only be for primary home you live in .not investment after home you live is finalised super funds to return as per usual or if home sold prior to retirement age all funds payed to loan shall be returned to super fund with interest I know of 4 young families that have had children at a young age raising children paying rent and work there finger to the bone. chance of raising a home deposit 0. I can think back a few years to see how well my super funds handled my money they invest in a poor stock market of witch I have no say in it crashes and who got screwed for thousands that rite us Australians .Something else to think about life expectancy is longer witch means more people on age pension that means a none home owner on a pension is provided a rent payment however a home owner is not cost savings to Australia billions..Oh and as for comments on selling body part's I personally have had 2 lung collapses in past 4 year's and have been told I will require a lung transplant in the future if a comparable Donner is available when necessary so what you find humorous others may find distasteful.
Clearly, the irony went over your head.
My point is that using somthing vital so early in your life means it is gone... if every young person does it, then they all sacrifice and getlittle net benifit.
If everyone can use their super to buy a house, all it will does is raise the proceof houses... obviously.
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