- Banned
- #301
You probably would get a more civil conversation if you leave out the insults.The withdrawal of negative gearing for properties rented as air BnB for a start.
1600 Australians become homeless each week because of the rental shortage.
Source: More than 1,600 Australians pushed into homelessness each month as housing crisis deepens, report finds | Housing | The Guardian
Yet numbnuts’ are arguing that low income earners can buy a house.
They can’t even rent a funking house!!!
Surely once you have a property you can do what you want with it ?
Air BnB landlords pay tax on that income.
I’m not immune to the plight of the homeless.
Successive state govts in SA have failed miserably in retaining public housing let alone increasing it. We have instances where these accommodations have been empty for years. There are a myriad of reasons for someone being homeless / DV, mental health issues, unemployment etc and that is a different argument altogether.
However - affordable housing for people employed and not entitled to public housing is still available. It may well mean you move away from your parents as I did.
But this whole “homeowners in the 90’s never had it so good” is simply not true. Your graph does not show repayments or interest rates.
We had 2 mortgages - my wife worked until the second one was paid off before we started our family. It was quite common to have the second mortgage.
We also downgraded our car to help with the deposit.