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 …
-
Show this thread
-
It's not that WE'VE solved it - obviously housing affordability is a nightmare - but that the solutions are obvious to virtually every economist out there
1 reply 0 retweets 1 likeShow this thread -
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
1 reply 0 retweets 0 likesShow this thread -
Replying to @GidMK
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...1 reply 0 retweets 1 like
It's totally nuts, that's a truly mind-boggling price increase
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.