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Australian housing, like everywhere else, is affordable; It is envy based entitlement nonsense to say otherwise
Topic Started: 3 Apr 2012, 09:37 AM (7,114 Views)
Shadow
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Evil Mouzealot Specufestor

Mr Griffin
3 Apr 2012, 02:50 PM
When bananas were $10/kg, I could afford them, but I didn't buy them because they were expensive.
There are many alternatives to eating bananas when the price of bananas is high.

What is your alternative to living in a house?

Most people don't consider tents, caves, under bridges etc to be a viable alternative (trolls excepted).

So really, you've got no options if you think house prices are too high. You still have to live in one.

So you buy at current prices, or you rent at current prices. No other option, for most people.
Edited by Shadow, 3 Apr 2012, 04:05 PM.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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Mr Griffin
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Shadow
3 Apr 2012, 04:05 PM
There are many alternatives to eating bananas when the price of bananas is high.

What is your alternative to living in a house?

Most people don't consider tents, caves, under bridges etc to be a viable alternative (trolls excepted).

So really, you've got no options if you think house prices are too high. You still have to live in one.

So you buy at current prices, or you rent at current prices. No other option, for most people.
Renting is choosing not to buy.
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Shadow
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Evil Mouzealot Specufestor

Mr Griffin
3 Apr 2012, 04:08 PM
Renting is choosing not to buy.
And buying is choosing not to rent. I don't really see your point here - you still contribute to demand for housing.

By not buying bananas, you remove yourself from the pool of demand for bananas.

But whether you choose to buy or rent a house, you are still part of the demand for houses.

By choosing to rent, somebody still needs to own the house you are renting. Your demand for rental accommodation places upwards pressure on rents and helps to make investing in property more attractive to others.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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TED BULLPIT
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earthsta
3 Apr 2012, 03:23 PM
How many times and in how many ways, can you rehash the same tired old argument, Strindberg?
Desperate times calls for desperate measures ;)
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stinkbug
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Where can I rent a banana?
---------------------------------------------------------------

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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Mr Griffin
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stinkbug
3 Apr 2012, 04:23 PM
Where can I rent a banana?
You can't.

But you still need to eat.

Seeing as we need to eat, and we can afford it. Woolies should just double the price of everything
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themoops
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Ruby Member
It's not envy based entitlement, it's rightfully based entitlement.

Just because a person bought before the boom does not mean they should be richer than someone who did not.
stinkbug omosessuale


Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments.
Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck!
See here
Property will be 50-70% off by 2016.
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Frank Castle
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Business As Usual

themoops
3 Apr 2012, 05:21 PM
It's not envy based entitlement, it's rightfully based entitlement.

Just because a person bought before the boom does not mean they should be richer than someone who did not.
What a fucken sook

Did you ever thing that if you bought now, before the next boom you would be in the same position and then having to put up with the next bunch of whiney bitches crying like you are now?
Ignore posts by The Whole Truth · View Post · End Ignoring
The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
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barns
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Mr Griffin
3 Apr 2012, 05:06 PM
You can't.

But you still need to eat.

Seeing as we need to eat, and we can afford it. Woolies should just double the price of everything
They already have.
“You Keep Using That Word, I Do Not Think It Means What You Think It Means” - Inigo Montoya
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barns
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stinkbug
3 Apr 2012, 04:23 PM
Where can I rent a banana?
If you think about it, you really only ever rent bananas.
“You Keep Using That Word, I Do Not Think It Means What You Think It Means” - Inigo Montoya
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