Interest Rate rises 0.5%, page-205

  1. 6,407 Posts.
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    you know it.. it's a hard pill to swallow but the truth always is

    the LNP don't know how to manage the economy and hollering on about councils and land zoning is laughable as if land is some kind of infinite product

    when in fact, it is a scarce product, subject to regulation, subject to planning, subject to environment, multiple vested interests, etc etc etc

    Furthermore there are many other requirements of 'land' other than residential housing, such as infrastructure, manufacturing, commercial, parks and recreation, corridors, roads, primary production etc etc etc but according to you if we just made more available for residential housing then land value wouldn't go up ! lol

    the single biggest and indisputable cause of land inflation is artificially low interest rates combined with Ill advised govt market
    intervention which has undeniably and categorically spawned the speculative Ponzi scheme otherwise known as the property market

    there is no other explanation, but there is a whole lot of denial and a whole lot of delusion

    the delusion that the LNP is actually a 'free market' political party

    if they were tough enough to admit it, own up to it and cop it sweet they could earn some respect back but the 'strong economy' rubbish is just a mirage

    time to face the music
 
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