Today's Grattan institute report is a great example of how easy solutions that are politically impossible can be: housing affordability is largely a solved problem #auspol http://www.abc.net.au/news/2018-03-04/housing-costs-hit-young-and-poor-nimby-development/9507198?section=business …
Some combination of increase supply - whether that's by reducing tax incentives on ownership (capital gains discount/negative gearing), disincentives on selling property (stamp duty), or building new properties - and/or reduce demand
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The report summary states that Sydney house prices have risen by 70% since 2012!!
A combination of many strategies is definitely and urgently needed to make Sydney even somewhat affordable... -
It's totally nuts, that's a truly mind-boggling price increase
End of conversation
New conversation -
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