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Affordable Housing Party; Now you can directly vote for lowering housing costs
Topic Started: 24 Aug 2017, 05:02 PM (2,971 Views)
DragonGM
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THE founder of a new political party dedicated to taking the heat out of Australia’s overblown and hideously expensive housing market has said politicians need to be given a “kick up the bum” on the issue.

Sydneysider Andrew Potts, who registered the Affordable Housing Party (AHP) with the Australian Electoral Commission earlier this month, said he knew he had to do something when he was chasing rats out of his own decrepit rental accommodation.

Talking exclusively to news.com.au, Mr Potts, the party’s national convener and lead Senate candidate, said housing affordability was a national issue.

“Australians are spending too much of their income on housing and we’re putting too many eggs in one basket with property investment.”

http://www.news.com.au/finance/money/investing/affordable-housing-party-launches-claiming-renters-and-first-home-buyers-are-being-ignored-by-canberra/news-story/2113945ffb746837789d0af8e12d7818
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khoan
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What's their platform?
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DragonGM
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khoan
24 Aug 2017, 05:13 PM
What's their platform?
The party’s policies include:
• Phasing out negative gearing and capital gains discount on investment property sales
• Stopping overseas buyers from buying Australian properties
• Taxing properties left empty by investors
• Cutting down immigration to 70,000 annually
• Banning full time Airbnb properties
• Ending “no fault” evictions for rental properties
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stinkbug
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LOL - it will never get up.
---------------------------------------------------------------

While it's true that those who win never quit, and those who quit never win, those who never win and never quit are idiots.

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Tick Tock
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DragonGM
24 Aug 2017, 05:59 PM
The party’s policies include:
• Phasing out negative gearing and capital gains discount on investment property sales
• Stopping overseas buyers from buying Australian properties
• Taxing properties left empty by investors
• Cutting down immigration to 70,000 annually
• Banning full time Airbnb properties
• Ending “no fault” evictions for rental properties
All sounds good to me. ;)
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Veritas
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stinkbug
24 Aug 2017, 08:33 PM
LOL - it will never get up.
Said the British to Ghandi.
Property acquisition as a topic was almost a national obsession. You couldn't even call it speculation as the buyers all presumed the price of property could only go up. That’s why we use the word obsession. Ordinary people were buying properties for their young children who had not even left school assuming they would not be able to afford property of their own when they left college- Klaus Regling on Ireland. Sound familiar?

The evidence of nearly 40 cycles in house prices for 17 OECD economies since 1970 shows that real house prices typically give up about 70 per cent of their rise in the subsequent fall, and that these falls occur slowly.
Morgan Kelly:On the Likely Extent of Falls in Irish House Prices, 2007
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DragonGM
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Lukey
25 Aug 2017, 06:01 PM
All sounds good to me. ;)
Some of it sounds good to me. IMO, they should add a large decentralisation plan to the list with strong infrastructure links to employment centres.
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Rat
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Filthy Rodent

DragonGM
24 Aug 2017, 05:59 PM
The party’s policies include:
• Phasing out negative gearing and capital gains discount on investment property sales
• Stopping overseas buyers from buying Australian properties
• Taxing properties left empty by investors
• Cutting down immigration to 70,000 annually
• Banning full time Airbnb properties
• Ending “no fault” evictions for rental properties
None of those things are going to happen, but I suppose it gives the self-entitled generation something to rally around.
Consumer protection laws extended to small businesses. Banks not permitted to repossess due to non-monetary defaults (for example, a fall in the property value).
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Poontang
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Rat
25 Aug 2017, 07:58 PM
None of those things are going to happen, but I suppose it gives the self-entitled generation something to rally around.
It is probably some time away but I think it is a certainty that changes will me made that are more favourable to renters than buyers. As the percentage of renters rises, their affect on voting becomes apparent to the the governing party.
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
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stinkbug
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Veritas
25 Aug 2017, 06:20 PM
Said the British to Ghandi.
Absolutely. This is exactly the same.
---------------------------------------------------------------

While it's true that those who win never quit, and those who quit never win, those who never win and never quit are idiots.

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