From an ABC article today.
"Independent property economist Cameron Kusher argues there needs to be a “paradigm shift” in the way Australians view housing, “away from one in which you build wealth from buying and holding residential property to one in which it is seen as essential shelter”.
Some salient input there, thanks. I read the white paper and thought it needs to be more widely known and talked about. I don’t have any great ideas for how the medicine should be taken now. I think it should have been addressed a long time ago. Cats out of the bag now. Ive decided it’s not my monkey, not my circus. I run a (R&D) business and my solution is to simply move to a country like Japan and side step a 30+ year death pledge.
It is interesting to see how different countries use housing to prop up their economies. It seems to be short term gain, long term pain policy or what I’ve heard to as car crash economics.
Other nations seem to be putting their efforts into advancing technology. I think that gives a short term pain but real long term gain.
“Increasing government debt is a transfer from future generations to current ones, exacerbating the intergenerational imbalance documented in this paper.”
To me it mirrors the South Park episode where previous generations made a deal with Man bear pig (climate change) to help themselves, at the peril of future generations.
Wow, awesome resources yo. I had a quick read and they are presented simply. But with such a large body of work! Way to go Western Australia.
Absolutely.
The populaces awareness of inflation taxation is what drives part of the cryptocurrecy fever. People have grown impatient again at being fucked over by banking policies.
Join a protest.
Penny auctions anyone?
I see it as a supply and demand issue, too.
Supply of humans is so high that it has eroded bargaining power. Add in immigration and it is known that this has suppressed wage growth. Hence why I think in the 30s and beyond will be wild. The supply of humans will be reversed as global fertility trends continue. The WHO forecasted stat’s on world population from 2050-2100, and beyond, shows a decrease. If this plays out houses are going to be cheap as chips through this period, and all the ‘real estate empires’ will lose their shirt.
That is my read of the current policies. And political mechanics (no matter which party).
If home ownership continues to drop at current rates, by 2030s there will be a majority of non-home-owner voters, who will swing the political sphere, as home owners have been doing.
The only way for wages to rise is through innovation. I have a R&D company. I can’t see any other way
Good on you. It takes courage.
Preach brother
How do you mean?
Fuck, this is good!
So this could be interpreted as ban big advertising from ads?
I think ultimately tightening of ad standards is likely the middle ground. I for one am sick of the blatant bulletin. As an industrial chemist even the freakin chemical companies do it. Like buddy, I’m a chemist, I need to know what it is to use it properly. I have now started running a campaign where if they don’t cough up the deets, I (in consultancies) don’t recommend the use of their products.
Relateable
Emotional pollution Mind pollution SOUL POLLUTION
I concur.
Some places limit advertising more than others. Banned on footpaths and dangerous spots. What about sales persons? How do you brand a product? I think it would have to be well defined.
I am ok with technical information being provided by a staff member. So much shit is peddled through marketing. As the scientist designing the product, I want to tell them the truth, customers love the truth, in this regard. I think banning deception and conning further would be a good way. And fuck this debt model of economics. And how about universities turn back into noble education organisations, not cocksucking psuedo-businesses.
I think govts/politicians like keeping the vague open because they use it, too. Their propaganda departments are cucked with good fact checking teams.
Reporting for duty, sir!
Welcome, c’mon in outta the cold. There’s a warm spot of ere
Who like to fuck more than be considerate parents
Great points. I can’t see number 1 bring over the boomers anytime soon. I concur with point number two. But I will be long in the tooth by the time this comes to fruition. Moving to a country that has sensible housing policies side steps the whole issue for me. I understand this isn’t an option for everyone, and feel for them being trapped somewhat.