rba should put a sock in its mouth, page-18

  1. 7,973 Posts.
    "not releasing land"

    that isn't going to fix anything, where are you going to release land..out west where there are no trains no infrastructure cause the NSW has no cash in the kitty and want to sell off its energy retailers to build better roads and fix the hospitals.

    This is what is needed pay attention. The state and fereal goverment needs to encourge property developers to do what they do best and thats develop. However the way thhings are at present ie land taxes stamp duties etc etc are only going to deter people from building. If they don't start promoting supply of medium density housing things are only going to get much much worse. No supply increased rents. Increased rents increased wages increased inflation until it spirals out of control. The people hurting are the poor and middle class more so.

 
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