Why would politics stand in the way? The people of NSW elected a development friendly government. Why would economics stand in the way? There is money to be made in them thar inner city parks going to waste! 4+ million people? Don't make me laugh. Sydneysiders would sell their own grandmother to get rich. Since the only game in town now is real estate, the population will be all over this like flies on shit.
This is a truly awesome state of affairs, it has given my life new meaning.Starting next week I am going to devote my efforts to progressing this idea to ensure it happens as quickly as possible.
I'm surprised you are not supportive of these changes. Is it a case of 'socialism for me, capitalism for everyone else'?
Why would politics stand in the way? The people of NSW elected a development friendly government. Why would economics stand in the way? There is money to be made in them thar inner city parks going to waste! 4+ million people? Don't make me laugh. Sydneysiders would sell their own grandmother to get rich. Since the only game in town now is real estate, the population will be all over this like flies on shit.
This is a truly awesome state of affairs, it has given my life new meaning.Starting next week I am going to devote my efforts to progressing this idea to ensure it happens as quickly as possible.
I'm surprised you are not supportive of these changes. Is it a case of 'socialism for me, capitalism for everyone else'?
No matter what you say politicians and and thier minions will get in the way. Also people will resort to the courts if it comes to that. They can't even get a development approved and built on a development site in Rozelle at present.
Politicians will side with those that make the most noise and screw with things.
The economics flows from this. Uncertainty and delay mean that funding will be difficult or impossible to obtain.
When it comes to parks and open spaces in their neighbourhood people will rally against this.
Let me know when 1 of these occurs.
“You Keep Using That Word, I Do Not Think It Means What You Think It Means” - Inigo Montoya
Why would politics stand in the way? The people of NSW elected a development friendly government. Why would economics stand in the way? There is money to be made in them thar inner city parks going to waste! 4+ million people? Don't make me laugh. Sydneysiders would sell their own grandmother to get rich. Since the only game in town now is real estate, the population will be all over this like flies on shit.
This is a truly awesome state of affairs, it has given my life new meaning.Starting next week I am going to devote my efforts to progressing this idea to ensure it happens as quickly as possible.
I'm surprised you are not supportive of these changes. Is it a case of 'socialism for me, capitalism for everyone else'?
You might be interested in a recent study in the USA that created an index of court actions protesting land use against the supply of property. Nimbyism prevents a normal supply response. I remember developers warning of this when the green legislation began years ago.
Quote:
A recent study is the first to construct an annual measure of housing supply regulations for the contiguous United States. The new housing supply regulation index constructed by Peter Ganong and Daniel Shoag examines the scaled count of state appeals court decisions that mention “land use.” States with a higher share of court decisions mentioning “land use” are thought to have more restrictive housing supply regulations. The higher the index, the greater the share of court decisions mentioning “land use.”
one of the findings of the study were-
Quote:
The new index provides a tool in future research on housing supply regulation. Using the index the authors have already shown changes in housing supply regulation to be strongly predictive of housing prices. These results are consistent with research conducted by NAHB, which finds a quarter of home prices are attributable to various regulatory costs.
I haven't had time to read the report in full, so perhaps there are some points that I've overlooked.
The big elephant in the room for Sydney and the whole of NSW is whether or not the freeze on Coal Seam Gas will be lifted. If they do lift it, it will be a shot in the arm for Sydney and the State and could trigger a lot of development in regional NSW. If they don't, then the people of NSW will be faced with very high energy prices and they will have to buy their extra demand at LNG prices from QLD.
Its win win for those on the supply side either way, but I would like to see the freeze lifted.
I'm surprised you are not supportive of these changes. Is it a case of 'socialism for me, capitalism for everyone else'?
That's rule number one in the specufestors' consitution.
NSW Labor got through a thing called "3A" which was similar to this, I remember Michael Caton led some nimby protestors on NSW Parliament House. Lane Cove was targetted for a lot of development, Fatty O'Barrel wound it back, now Fatty will probably target the lefty sluts.
So the point is they got it through Bardon.
The media probably won't give it much attention too.
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.
Why would politics stand in the way? The people of NSW elected a development friendly government. Why would economics stand in the way? There is money to be made in them thar inner city parks going to waste! 4+ million people? Don't make me laugh. Sydneysiders would sell their own grandmother to get rich. Since the only game in town now is real estate, the population will be all over this like flies on shit.
This is a truly awesome state of affairs, it has given my life new meaning.Starting next week I am going to devote my efforts to progressing this idea to ensure it happens as quickly as possible.
I'm surprised you are not supportive of these changes. Is it a case of 'socialism for me, capitalism for everyone else'?
the problem for you is that the kind of people in these rich suburbs you hate so much have the money to fight long legal battles to prevent it.
i find it amusing you think it'll drop house prices, maybe if you devoted this kind of effort to paying off a house you'd be an outright owner by now?
I am the love child of Tony Abbott and Pauline Hanson
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.
and yet you insist you have the moral high ground.
nice work proving what a scumbag you are
Oh I'm the bad guy for wanting affordable housing for people. You want to fuck them over and give them some sort of country like China where they're on $2 an hour and a 2 bed costs $1m or something.
I'm the bad guy because I want a bunch of pretentious, hypocritical chardonnay socialist dislikeable persons to get a taste of their own medicine and have their living standards tarnished by mass immigration. As they are always the ones abusing the shit out of everyone else and calling them racist if they don't want their towns to turn into overpopulated shit holes.
I'm the bad guy because I want a bunch of Tories who primarily make their money from usury and by simply importing more people instead of being innovative and capitalistic to suffer much the same fate.
I'm the bad guy because there's so much bogan scum like you who think they're king shit because they bought before the boom and I want them to get a dose of their own amoral medicine.
Yep I'm the bad guy.
You're a fucken low life mate. Feel free to come to Sydney and we'll meet in a dark alley.
Fucken oath I've got the high moral ground. Fuckwit.
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.
Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.
Forum Rules:
The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.
Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.
Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.
This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.
Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ
Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy