Australia's largest stock trading and investment forum Australia's #1 stock forum

Not sure the Govt needs to 'force down the value and upset the...

First 2 Last

Share
Profile

Follow
thejonesboy

902 Posts.

12/04/17

10:41

Post #: 24021879
Share

Originally posted by grindstone cowboy ↑

The government wants to make property more affordable to the the have nots, but how can that be done without forcing down the value of existing stock and upsetting the haves? One solution is to build new properties of a size, quality and location undesirable to Asian immigrates, babyboomer upgraders and cashed up dinkies. For example building 1 bedroom fibro terrace houses on sub 100 sq m blocks in small regional towns at least an hours commute from the outer suburbs of Melbourne. Such properties should still be a profitable proposition for developers at $250k and an option for young ones to get on to the property ladder.

Expand

Not sure the Govt needs to 'force down the value and upset the haves'. They just need to stop goosing demand and it'll happen naturally....
That said, they've done everything in their power to force up the prices and in doing so have certainly upset the have nots, so perhaps what goes around...
2 Upvote

Reply

There are more pages in this discussion • 2 more messages in this thread...

First 2 Last