MacroKangaroo

Building homes in Australia

[MacroKangaroo @Macro_Kangaroo]

Productivity is how much can be done per input

[MacroKangaroo @Macro_Kangaroo]

@rexthundercock 3 rats colonised the entire Australian continent

[MacroKangaroo @Macro_Kangaroo]

@ArtyFrayn @tomfgoodwin No worries I’ll just start my drone up and fly 16km to site then fly under the house to investigate the leak

[MacroKangaroo @Macro_Kangaroo]

@TheRealDavey2 We really need to start transferring taxes from productive work (businesses and labour) to low productivity assets (land).

Obviously that's better for equality (of which I care very little). But also something we could actually get through the double-digit voters (dummies)

[MacroKangaroo @Macro_Kangaroo]

@1444_kris Agreed. The productivity commission recommended lowering corporate taxes to 20% <$1B revenue and 28% >$1B.

They calculated the net income to the government would remain exactly as is because of productivity and investment improvements while GDP would increase 0.5%

[MacroKangaroo @Macro_Kangaroo]

1. Australia is starting from a -3,000,000 surplus home inventory per capita when compared to Texas. That doesn't help

2. Australia's building output is very high per capita, HOWEVER productivity is terrible and has been essentially on the decline. Productivity is mainly low because of regulations

What does that mean? Well, our housing supply has been just behind population growth for 50 years. Even though we didn't grow as fast as Texas during that time, we still couldn't keep up. Most likely to do with overregulation (Estimated by a government inquiry to cost the building industry $47+ billion per year).

So our construction industry is gigantic. But inefficient. So gross output is good, but were behind and unproductive.

[MacroKangaroo @Macro_Kangaroo]

@TB1Kinobe God forbid things get done quickly. Oh the horror.

Be thankful your house prices aren't 17x earnings. And after being thankful for that, thank speed of construction for allowing you and your children to afford homes.

Thanks

[MacroKangaroo @Macro_Kangaroo]

@Nirgal451 That’s a planner not council

[MacroKangaroo @Macro_Kangaroo]

@HenryTarquin @pegobry_en There absolutely is "better concrete". And you could make it look like the photo with coatings.

In fact, you can almost perfectly mimic marble or granite with concrete with the right mixture and coatings

But the brutalist design is terrible either way.

[MacroKangaroo @Macro_Kangaroo]

@peterrhague The problem is the strength of concrete they use for this is porous. You would need to use a high strength concrete that is used on bridges then seal and paint it.

The best fictional example of brutalism is seen in Andor season 2 on Coruscant

[MacroKangaroo @Macro_Kangaroo]

@slsandpet Tafe (or education) is not the bottleneck for workers in construction.

Unprofitable companies do not hire. Fix profitability and you fix apprenticeships.

Regulations, zoning, and approvals are the main culprit here

[MacroKangaroo @Macro_Kangaroo]

About 3% of my entire life is spent verifying that I am indeed me on every device

[MacroKangaroo @Macro_Kangaroo]

@DrCameronMurray As a builder it seems about right. It would be between 30-45% taxes

[MacroKangaroo @Macro_Kangaroo]

@matt_barrie But won't less mortgages lower supply of homes?

Which would then worsen the shortage, increasing prices, then increasing inflation?

[MacroKangaroo @Macro_Kangaroo]

@AvidCommentator Apparently the inflation is driven mostly by house prices. If that's true it makes you wonder what the cash rate can do given all the incentives to buy homes

[MacroKangaroo @Macro_Kangaroo]

@econoadabsurdam Let's Coruscant this place. I want giant spaghetti tunnels, massive skyscrapers, gigantic trains, piping hot energy plants, disgustingly huge dams, I don't care.

I'm sick of these enviro-conservative rulers

[MacroKangaroo @Macro_Kangaroo]

@GaryWinslett Agreed. Make it legal to build. We want to, we can. It’s just barely legal that’s the problem

[MacroKangaroo @Macro_Kangaroo]

@pandainapear Working on it