just more fantastical thinking from someone born prior to...

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BenGrahamReborn

12,632 Posts.

21

06/12/21

09:55

Post #: 58090747
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Originally posted by boatboy: ↑

Houses haven't gone up much at all...you can still built a pretty good 4 bed 2 bath brick and tile home for less than $200k. it is the land they sit on that Council's and State Governments share the blame for slow releases and forcing Developers to pay huge up front costs.

In years gone by Councils provided much of the infrastructure in new developments, now the developers have to foot the cost of all infrastructure in a new sub division adding substantially to the cost of a basic bare block of land ready to build.

Kids today also want the very best of everything in their first home, double garage, games room, media room, and to live 5k's from the City.

The real issue is, there is NO shortage of land in this huge country, but there sure is a massive shortage of brains among our Politicians...they are forcing prices up with their greed and lack of smarts when it comes to budgets.

Just as an aside too, the cost to build the now almost mandatory cycle tracks all over the place are also pushing land prices up further purely so the ever increasing hoards of loony mamils can terrorise families out walking...
A new relatively short "foot" bridge over a creek locally, which has become no more than a new race track for mamils, set the Council back $4.5 Million Dollars, and that money has to come from somewhere...

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just more fantastical thinking from someone born prior to 1960
"kids today want the best of everything" ...so why are more people in tiny apartments and townhouses than ever before?
why is the new release block 450 m2 instead of 900?
these arguments because they come from older/wiser people are given way more appreciation than they deserve so you are dangerously contributing to the communist dystopia I will inherit
you cant blame release of land
you blame the difference between supply and demand (release of land and migration) and they can turn demand off in a heartbeat, in fact they just did it during COVID
they control both levers but pretend they don't
I am with you on the mamil hating though - those blokes deserve any trash talk thrown at them
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