Pauline Hanson - One Nation Party

[Ghost Patrol]

 

[SBD Gonzalez]

So the young family who's house they just bought was 750k is now 500k, but nah doesn't hurt them coz they got a roof over their head, they'll be right.

So now they're paying more in loan payments on the sale price, so if it all turns awry and can't afford to pay then there'll be a forced sale. Then they'll be in debt out on the streets.

Yeah no dramas.

Um, it’s not just their house that’s gone down in price, it’s everyone’s. Surely that’s a good thing. They can sell up and downshift to something now much more affordable.

Housing is a basic need first, an investment a distant second.

 

[SBD Gonzalez]

Capital gains tax discount ‘overwhelmingly’ benefits investors in Australia’s richest electorates, analysis shows

Chief executive of Acoss, who commissioned the study says ‘it’s clear this tax break funnels billions into the wealthiest parts of our country’

www.theguardian.com

 

[Carringbush2010]

Um, it’s not just their house that’s gone down in price, it’s everyone’s. Surely that’s a good thing. They can sell up and downshift to something now much more affordable.

Housing is a basic need first, an investment a distant second.

Yes that is true, but the Genie is out of the bottle now - prices are sky high. So whoever bought that property are not going to want to see their house prices drop significantly.

It's not a case of 'I've got a roof now, it won't effect my livelihood if the price plummets'- not that simple.

The answer is not 'plummet prices to make affordable', the answer is for everyday aussies to be able to afford things. How that works I don't know, but plummeting prices is not the answer coz too many have their livelihoods attached to their property.

Particularly young families, buying a place in the last year to see it drop by a quarter or more could be a disaster for them - particularly if they have to foreclose. Then they're out on the streets, in debt and no roof.

Whichever way you boil it down and dissect it, property appreciates in value, just by 'normal' inflation alone, let alone any other metrics like tax concessions etc. and has been since day dot, so it is an investment, organically, even if young family are not intending for it to be so.

 

[King Patty]

So the young family who's house they just bought was 750k is now 500k, but nah doesn't hurt them coz they got a roof over their head, they'll be right.

It only hurts them if they sell / borrowed more than their capacity to pay....
I mean you can kind of blame the government relaxing lending criteria only requiring 5% deposit here for those who qualify.
which also pushed up house prices.

 

[kalex6251]

Yes that is true, but the Genie is out of the bottle now - prices are sky high. So whoever bought that property are not going to want to see their house prices drop significantly.

It's not a case of 'I've got a roof now, it won't effect my livelihood if the price plummets'- not that simple.

The answer is not 'plummet prices to make affordable', the answer is for everyday aussies to be able to afford things. How that works I don't know, but plummeting prices is not the answer coz too many have their livelihoods attached to their property.

Particularly young families, buying a place in the last year to see it drop by a quarter or more could be a disaster for them - particularly if they have to foreclose. Then they're out on the streets, in debt and no roof.

Whichever way you boil it down and dissect it, property appreciates in value, just by 'normal' inflation alone, let alone any other metrics like tax concessions etc. and has been since day dot, so it is an investment, organically, even if young family are not intending for it to be so.

a helpful first step forward would be to acknowledge the following

1. john howard completely and utterly f***** australias housing market
2. john howard is branded an intergenerational criminal who destroyed the hopes and dreams of hard working australians from all walks of life

wont achieve anything ...... but it sure as hell will put a full stop to accepted conservative thinking that positions this muppet as one of australias greatest PMs .... the untold damage this ar$ewipe caused should forever be remembered as a stain on this countries story

 

[Carringbush2010]

It only hurts them if they sell / borrowed more than their capacity to pay....
I mean you can kind of blame the government relaxing lending criteria only requiring 5% deposit here for those who qualify.
which also pushed up house prices.

That's not taking into consideration, that things change like increase in inflation, coz the war in the me for example.

The bolded only accounts for a world where all the planets align. That's not reality.

Before then Jan and Joe with a toddler are paying x amount, that's ok, but now those payments have increased and now they're forced to choose food or petrol or even foreclose.

And yes the 5% deposit scheme has inflated prices, the idea is to make it more accessible to property but the side effect is higher prices.

Not sure what the answer is, but trying to enforce a property price plummet is not the answer, too many people have livelihoods tied to their mortgage / property.

 

[Carringbush2010]

a helpful first step forward would be to acknowledge the following

1. john howard completely and utterly f***** australias housing market
2. john howard is branded an intergenerational criminal who destroyed the hopes and dreams of hard working australians from all walks of life

wont achieve anything ...... but it sure as hell will put a full stop to accepted conservative thinking that positions this muppet as one of australias greatest PMs .... the untold damage this ar$ewipe caused should forever be remembered as a stain on this countries story

Yeah I'm not arguing that.

What I will also repeat is, regardless of lil johnny's , if none of that existed - property would still be appreciating.

Sure, it'd be more affordable without lil johnny, but still would have appreciated significantly.

Like I said, the ship has already sailed and the answer is not plummet the housing market

 

[SBD Gonzalez]

Don’t gaslight me, this has nothing to do with owner occupier vs investor actually. You simply need to understand the system before throwing out big solutions.

What “pain”? What are you actually reducing?

The asset value? Awesome. But not the base cost….

Most of the underlying cost doesn’t change?

Can you not see the problem here?

It’s cost lock inflation. You only have the ability to adjust sometimes a low % of the base cost.

Land value is a key component in blue chip and high cost areas. Is that your target product for housing affordability for the masses? I wouldn’t have thought so.

It’s entry level housing I would have thought the priority is.

Where land value is a much smaller ratio of the total cost.

To influence the type of affordability change you are thinking about, land would virtually have to be free.

Is the government going to buy up 50-60m land tracks and farms and invest millions in the essential services and infrastructure to turn it into titled land and just give it away for nothing? Because land developers obviously won’t.

If you are talking established suburbs. The same issues still apply. The replicable and replaceable product cost means that house prices have an extremely high price floor. You can only look at driving land value to basement levels, which won’t happen because of scarcity. Because they are in established areas. Not in the ass end of nowhere.


You can see the problem here, right?

What level of supply drives land value in established areas to the basement? And reduces its value by 50-70%? Tell me, I’d be interested to hear this economic policy.

The hilarious thing, in some regions house prices actually need to go massively UP to unlock supply.

I have no idea where you are posting from. If in WA as an example, you would have a different perspective to Victoria at the moment.

A lot of words to basically reiterate your core article of faith, namely that nothing must ever be allowed to impinge on the right of those in the lucky circumstance of having money to play with, to turbocharge their wealth regardless of how many middle-aged single women are being forced to sleep in their cars, assuming they can afford a car.

 

[SBD Gonzalez]

There is not only no ironclad law of economics that property prices must always go up.

There is no ironclad law of economics that property prices going up is a good thing.

 

[SBD Gonzalez]

Anyway, probs for a more appropriate thread.

 

[Sphynx]

A lot of words to basically reiterate your core article of faith, namely that nothing must ever be allowed to impinge on the right of those in the lucky circumstance of having money to play with, to turbocharge their wealth regardless of how many middle-aged single women are being forced to sleep in their cars, assuming they can afford a car.

How the hell have you come to that conclusion?

The single biggest impact will be to the average working class, low income, mortgage holder with your proposal to massively correct housing prices.

You still haven’t answered any of the critiques of the proposal.

It’s very “easy” to keep jumping into every thread labelling the CGT discount as corrupt and shit and house prices as unaffordable and straw man them to every other social issue.

But you haven’t presented a workable solution that doesn’t have a catastrophic impact 100x worse than the issue you are trying to solve..

Simply talking about lower house prices in isolation isn’t a logical discussion.

 

[Cookie]

Anyway, probs for a more appropriate thread.

Yes, because One Neuron can do **** all about it.

 

[Seeds]

New poll out. One Nations vote only keeps climbing. At this rate it will pass labors in the second half of this year.

What they hell is going on? Where is the propoganda coming from to convince australians one nation have even the tiniest idea that they know how to govern.

 

[MP_]

New poll out. One Nations vote only keeps climbing. At this rate it will pass labors in the second half of this year.

What they hell is going on? Where is the propoganda coming from to convince australians one nation have even the tiniest idea that they know how to govern.

I say let one nation govern Victoria for a term, completely screw it up and that will hopefully obliterate the party forever

 

[schneebly111]

New poll out. One Nations vote only keeps climbing. At this rate it will pass labors in the second half of this year.

What they hell is going on? Where is the propoganda coming from to convince australians one nation have even the tiniest idea that they know how to govern.

Just wait for an actual election soon (SA) to see reality

 

[Gough]

Just wait for an actual election soon (SA) to see reality

Bookies have them behind the Independent and the Nationals in Farrer by some distance which you'd think would be concerning for them.

 

[MP_]

Just wait for an actual election soon (SA) to see reality

At pre polling in my electorate one nation was definitely getting more love than the liberals but that was just a visual representation. Will be interesting to see if it converts to votes.

 

[Seeds]

Just wait for an actual election soon (SA) to see reality

Not sure how a minor state election is relevant to a federal election. Results can often be complete opposites.

 

[schneebly111]

Not sure how a minor state election is relevant to a federal election. Results can often be complete opposites.

The key will be seeing if ON’s poll numbers translate into actual votes, and actual 2PP preference flows

 

[schneebly111]

At pre polling in my electorate one nation was definitely getting more love than the liberals but that was just a visual representation. Will be interesting to see if it converts to votes.

When you say “more love” what do you mean? At every polling booth I’ve attended in my life I’ve never heard anyone in the queue ever mention who they’re voting for.

 

[schneebly111]

Bookies have them behind the Independent and the Nationals in Farrer by some distance which you'd think would be concerning for them.

Preference flow?

 

[MP_]

When you say “more love” what do you mean? At every polling booth I’ve attended in my life I’ve never heard anyone in the queue ever mention who they’re voting for.

So outside where all the parties give you the how to vote slips there was more people visiting the one nation candidate and having a chat compared to the liberal party.

 

[GrayRanga]

So outside where all the parties give you the how to vote slips there was more people visiting the one nation candidate and having a chat compared to the liberal party.

Maybe because most people know the Liberal's policies and maybe even their candidates

What are ONanists policies and how are they going to achieve these?

Of course. some people who have the time, like to engage the candidates in extended conversations about random topics that are not part of the advertised policy to monopolise the candidate's time and point out to other prospective voters gaps in the candidate's beliefs.

Not that I've ever done that such as asking a Family First candidate about their IR policies

 

[MP_]

Maybe because most people know the Liberal's policies and maybe even their candidates

What are ONanists policies and how are they going to achieve these?

Of course. some people who have the time, like to engage the candidates in extended conversations about random topics that are not part of the advertised policy to monopolise the candidate's time and point out to other prospective voters gaps in the candidate's beliefs.

Not that I've ever done that such as asking a Family First candidate about their IR policies

I’m no one nation fan at all but blind Freddy can see there is a shift in our electorate away from the sitting liberal member who’s done nothing in 19 years . One nation is definitely getting more local support than I’ve ever seen in my 20 years here. This is apparent through social media posts and comments and attending candidate forums and being at the pre polling. This all means nothing come election day though but their support base has definitely grown. There is a sovereign citizen group called ‘my place’ they are actively throwing their support behind one nation candidates too.

 

[SBD Gonzalez]

I’m no one nation fan at all but blind Freddy can see there is a shift in our electorate away from the sitting liberal member who’s done nothing in 19 years . One nation is definitely getting more local support than I’ve ever seen in my 20 years here. This is apparent through social media posts and comments and attending candidate forums and being at the pre polling. This all means nothing come election day though but their support base has definitely grown. There is a sovereign citizen group called ‘my place’ they are actively throwing their support behind one nation candidates too.

Sovereign citizens vote?? That's hardly being true to their ideals.