That's mainly because of the land. People want to live in certain areas more than others.See, this is what I don't understand, "can't afford a home" - are they made from diamond? Does a house worth $35K in the 50s need to be worth $2.8M now?
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That's mainly because of the land. People want to live in certain areas more than others.See, this is what I don't understand, "can't afford a home" - are they made from diamond? Does a house worth $35K in the 50s need to be worth $2.8M now?
That's mainly because of the land. People want to live in certain areas more than others.
Chief would be loving it.
No doubt. I have this theory that he's actually Chief's illegitimate, bastard son.
The only way Chief will have anything to do with him is if g_c makes x amount of posts per week on the SRP board. And thus the cycle of clicks is maintained, the bills get paid and wolves are kept from doors.
In return he receives a modest stipend for services rendered, tax free of course.
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That's mainly because of the land. People want to live in certain areas more than others.
No m8, it's clearly because of the greedy human garbage forcing people to pay higher amounts of money. And the Gubmint. And Turnbull's 200 homes.
Definitely nothing to do with scarcity or a range of other issues that have impacted upon the price; dual wage couples, inflation of wages, reduced interest rates to name a few.
The property market has many issues, most come back to resource scarcity. Unlike computer hardware however - which has come down in cost due to the lack of scarcity mind you - you can't just build more houses, because the land (of which there is a finite amount) for those houses in many of the desirable areas (and really, we're not talking high-end suburbs, we're talking working class suburbs with reasonable proximity to many of the employment opportunities that exist in our cities) is taken up by already existing homes, and those homes might be lived in by the same family for 10 - 40 years.
- Do we need to go down the path of Europe where our expectations as to what a reasonable sized home is changes?
- Do we need to go down the path of the US where we have more major cities that offer employment opportunities?
- Does the current set of laws and regulations bear some responsibility for the current price of property?
- Are your average citizens willing to forego the expected increase in equity of property ownership in even just their primary residence in order to make property more affordable for RupieDupie?
- Should the government start forcing people to sell their homes below market rates in order to reduce the cost of housing?
As far as I'm aware this already a requirement. Like I said above I don't know how stringently it is enforced.Why cant Dole bludgers simply look for work and if they decide not to have it taken away from them?
Increase inflation is a common fear which is understandable but it hasn't been the reality in places where it's been trialled.Number of problems the first that comes to mind is that you are paying everyone to do nothing so it is very bad for productivity and will lead to inflation.
To improve our quality of life we need productivity to increase and this is extremely counter-productive to doing so.
So am I. Over time suburbs become more desirable for a multitude of reasons. The increase in demand sees the price go up. The house doesn’t get any better but the land it is sitting on does.I’m discussing the Mazda2 of housing not Lamborghinis
You should check out reality some time, Australia’s a big place and some median income Australians are expected to pay a median cost of $800K - $1M. Any issues you see here?
Here’s some answers to your questions;
1) Australia is a big place check out how many people live in New York
2) Australia is a big place check out how many people live in New York
3) Yep the Gubmint wants the prices high
4) Not their fault, if they sell their house for $1M they’re going to need that amount to buy another downsized property. I’m not the only Australian who cannot afford housing.
5) Nope, the government should start building affordable housing, people who live there pay the government back. E.g. government builds house and sells to citizen on $70K for $140K, citizen pays back $20K per year for 10 years*, owns house. Positive 1 Person has house, Positive 2 No dealing with degenerate bankers.
*Infrastructure etc = extra
So am I. Over time suburbs become more desirable for a multitude of reasons. The increase in demand sees the price go up. The house doesn’t get any better but the land it is sitting on does.
New York has significantly more density in housing; it also is one of the least affordable cities in the world. Not sure what point you're trying to make.
So the average citizen who already owns their own home should forego any capital gains that has been made by happening to live in metro areas, such that RupieDupie can buy a house at a price that you deem is acceptable?
Where do you propose the government builds this affordable housing, such that it is within reasonable proximity of employment opportunities and sufficient infrastructure to support the population that's going to live there?
Where does the government come up with these hundreds of millions of dollars to build desirable housing, along with the infrastructure to support this population. I presume it's going to come by some kind of excise on the human garbage rich folk that have more money than they need?
Seems like communism to me. Watch how government "mates" end up constantly winning the lotteries. Way open to corruption.Yeah but I’m discussing a fantastical place where a government is governing, the government will be able to easily solve this “issue” (zero-world problem) by ensuring that houses have to go back to the government when sold, and for people desperate to live in these “better” suburbs the government could issue sold houses through a lottery with the price still relative to median income.
Yeah but I’m discussing a fantastical place where a government is governing, the government will be able to easily solve this “issue” (zero-world problem) by ensuring that houses have to go back to the government when sold, and for people desperate to live in these “better” suburbs the government could issue sold houses through a lottery with the price still relative to median income.
Gubmint is spending billions of dollars housing 3 refugees, housing should only cost a fraction of the cost to build, even the cities with the greatest density in Australia has space coming out of its arseh*le, and New York is expensive because of arseholes. People who currently own their house can still sell them to other property investors or the Chinese, it’s their house, I don’t care what they do.
Do you legitimately believe that this form of society can exist?
"This happens, I'm moving to Canada."#RupieDupie4PM
Seems like communism to me. Watch how government "mates" end up constantly winning the lotteries. Way open to corruption.
Do you legitimately believe that this form of society can exist?
If apparently everyone is an arseh*le, human garbage, or whatever descriptors you've used in this thread - who is left to actually implement these grandiose socialist ideals of yours?
#RupieDupie4PM
Do we really have to go into past examples of Big Socialist Government going pear shaped?So I’m arguing for a fictional place and you automatically presume the fictional place wouldn’t work because the people on top will be arseholes and therefore the people on top are not aresholes?
Do we really have to go into past examples of Big Socialist Government going pear shaped?
You willing to pay the extra tax to make this happen?To put this in perspective, say if there are currently 100,000 people/families on median income and wanting to buy a house. The government builds 100,000 dwellings and sells them to these people at a value relative to median income. The government does nothing else, they do not take anyone’s houses away from them, they do not tell people to sell their houses etc. when these 100,000 houses are sold, they are sold back to the government at the relative to median income value. There is no communism, the rest of the housing market stays free market.
No doubt. I have this theory that he's actually Chief's illegitimate, bastard son.
The only way Chief will have anything to do with him is if g_c makes x amount of posts per week on the SRP board. And thus the cycle of clicks is maintained, the bills get paid and wolves are kept from doors.
In return he receives a modest stipend for services rendered, tax free of course.
g_c did say his dad started a business and that he works for it... the plot thickens...
To put this in perspective, say if there are currently 100,000 people/families on median income and wanting to buy a house. The government builds 100,000 dwellings and sells them to these people at a value relative to median income. The government does nothing else, they do not take anyone’s houses away from them, they do not tell people to sell their houses etc. when these 100,000 houses are sold, they are sold back to the government at the relative to median income value. There is no communism, the rest of the housing market stays free market.
You willing to pay the extra tax to make this happen?
Listen Rupie serious question, why don't you just buy a house in regional Australia somewhere ?
The law for real-estate laws are the same here they are in most of the western world and they are the same they were 20 years ago.
The cause of the problem is essentially that everyone wants to live in Sydney, Melbourne and to a lesser degree Brisbane.
Who pays for those administering this plan? The Socialist Money Fairy? Your $10B for o's incarceration has nothing to do with what you're proposing. There's also Billions spent on welfare, perhaps we'll just grab some of that. Farcical.There wouldn’t be any extra tax, the Gubmint currently pays $10B over 3 years keeping 3 people incarcerated overseas, and as the plan rolls out the people buying into it will be paying for it.
The free market failed.
Who pays for those administering this plan? The Socialist Money Fairy? Your $10B for o's incarceration has nothing to do with what you're proposing. There's also Billions spent on welfare, perhaps we'll just grab some of that. Farcical.