The government needs to build new satellite cities
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The government needs to build new satellite cities
I was focussing on cutting foreign migration to Australia so that our net population growth is near zero. I dont see any legal way to force people to move away from the cities just incentives that won't be effective unless we somehow get businesses to move high paying jobs to regional areas.
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Decline in population growth to sensible levels sounds great. Melbouren and Sydney were well on their way to being over populated unlivable dumps with only property investors (including most pollies) were benefiting from.
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High rise offices with free rent for large corporations to create employment.And why will people move to them?
High rise offices with free rent for large corporations to create employment.
And why would private landlords agree to free rent?
Government landlords. It doesn't need to be free rent forever.And why would private landlords agree to free rent?
Government landlords. It doesn't need to be free rent forever.
Or we could just keep spreading the outer suburbs indefinitely and overdeveloping the nner burbs.
Better use of government funds than franking credits, negative gearing and pork barrelled pre election grants.
Of course there's issues with it. It's a massive shift in thinking. But what we're doing currently is not sustainable.there are a number of issues with this.
once free, good luck ever getting commercial rents again. companies will threaten to relocate unless the free rent is maintained
also why does NAB get free rent, when Harry's Pies the local baker for 70 years has to pay rent?
and why is the govt subsidizing companies and not building more low cost accommodation for the poor?
also for this to work, you need to move 1m+ people out of melbourne. do bendigo and ballarat want 40-80 storey office towers in their cities to accommodate these workers?
Of course there's issues with it. It's a massive shift in thinking. But what we're doing currently is not sustainable.
Companies sign up knowing its free rent for a fixed term only. Once a city is established the free market will drive rents as it does currently.
Low cost accommodation for the poor? Where are thye going to build that? There's no space inner city, so it's going to need to be a ghetto out near Drouin where there's land but no jobs.
It's insane that 40% of our population lives in 2 cities in a country this big.
Its more for the people buying houses in Officer who need to travel 1.5 hours each way to get to work in the CBD.and you know what happens at the end of that fixed term? they leave
you need a reason for businesses to permanently relocate, and cash bribes are only effective as long as they are maintained
drive around melbourne and look at the state of the commission housing. most of it hasnt been touched in 50 years. much of it needs to be bulldozed and replaced with healthier and more efficient housing.
and dont disagree. but notions like yours tend to have one big disclaimer. "lets force everyone else to relocate to Bendigo, except for me, because I like melbourne my family is here and my career is here"
Its more for the people buying houses in Officer who need to travel 1.5 hours each way to get to work in the CBD.
people choose pakenham, officer, and drouin for lifestyle as much as price, because the idea of a first homebuyer buying a big block house within 30km of the existing cbd is now never happening (ffs it wasnt happening outside the west when my parents bought in the 70's)
I have a house so doesnt help me. But cutting immigration to sensible levels would help with house prices, the environment, the growing congestion in cities etc. Just because immigration has been beneficial in the past doesnt mean high immigration levels are good now.So modern Australia which has had a policy of immigration for the last 70 years should abolish that, so that you can buy a house .
Is this really what I'm reading?
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I have a house so doesnt help me. But cutting immigration to sensible levels would help with house prices, the environment, the growing congestion in cities etc. Just because immigration has been beneficial in the past doesnt mean high immigration levels are good now.
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Of course there's issues with it. It's a massive shift in thinking. But what we're doing currently is not sustainable.
Companies sign up knowing its free rent for a fixed term only. Once a city is established the free market will drive rents as it does currently.
Low cost accommodation for the poor? Where are thye going to build that? There's no space inner city, so it's going to need to be a ghetto out near Drouin where there's land but no jobs.
It's insane that 40% of our population lives in 2 cities in a country this big.
How will it help the environment? These people still exist on the planet.I have a house so doesnt help me. But cutting immigration to sensible levels would help with house prices, the environment, the growing congestion in cities etc. Just because immigration has been beneficial in the past doesnt mean high immigration levels are good now.
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this is why I suggested Government provide significant tax incentives for people to move away from Major cities.
politically that cannot be done
regardless of tax rate, you only move somewhere if you are likely to get work. That means its WFH peeps mainly taking up the offer, and these are peeps on decent incomes (usually). Its an upper class tax cut by default
intent makes sense, but it needs to get through parliament
They wont tell you, they wont say, because they dont know or if they do some basic research will learn it undermines their whole premise.Say they remove the ability to buy more than 1 investment property and negative gearing as per some people's ideas on here, how much do you think a house you cant currently afford in say, Ivanhoe or Brunswick or wherever etc wil be available for in say 5 or 10 years time? more or less than now?
of course it needs to get through parliament?
but it can be done - obviously you limit the tax brackets it applies too. But if it means more people move out of major cities I think its a good thing. Where people live industry follows.
if you limit it to low income earners, you kill the pool of people who this would apply for.
short term stuff like this wont change migration patterns. you would need to do something extreme (and expensive).
This is not my plan (2 mins of thought just to get an example), but you need a permanent non-discriminatory approach to this that caters to both the labour resource and business
1) waive all payroll taxes for firms based more than 100km outside Melbourne and Sydney CBD
2) waive stamp duty and land taxes on all residential housing blocks under 1000sqm outside greater sydney and melbourne
3) increase GST to 10% and apply it on all goods and services
4) put a legislated planning ban on expansion of greater sydney and melbourne beyond current boundaries