@AvidCommentator Endless house price growth ultimately seems like a mechanism to keep future generations in debt bondage so that they cannot retire and have to keep working…. Keeping the Australian tradition of indentured servitude going.
@ausstockchick Investing in property is not “unethical��, however society would be much better off if property was not an investment asset in the first pace.
@ausstockchick Budget deficits / surpluses are not inherently bad / good. It’s the societal value of what the resources employed or not employed did or did not do verses the alternative which is what matters.
@adamgeny How is “capacity to pay” calculated?
If house prices use to be ~3x income and now they are ~6x income plus, surely “capacity to pay” cannot be considered the same…
@joerogan Lol… sure, because everything that is vomited by people on this platform is true and can be backed up from multiple sources, and this platform is not used for any form of biased propaganda at all..
@MichaelAArouet hilarious. I love it how every observation you make the causal factor of “bad stuff” is always leftist socialist bla bla. The causal factor for “good stuff” is free market capitalism bla bla.
The world is more complex than that, not every observation can conform to your bias.
@SHamiltonian There are plenty of other options.
While taxes are just one option they would be much better than interest rates because they can be targeted. Taxes are not used because they don’t suit the political class.
@AlboMP Right so people can buy all those homes that are not being built, competing with an ever increasing Australian population.
I wish being a moron was criminal, then we could just lock you up.
@nascentjude@ClareONeilMP @migrationwaus @AlboMP@JEChalmers@Tony_Burke Why do they make out that reducing migration is like landing a man on the moon?
Why do you need a "plan" to reduce migration? I thought you just issue fewer visas
@adamgeny Chance of a second term? I think that horse has bolted.
Change in leader won’t help.
Change of parties won’t help.
I think we’re not far from a “bring out the guillotine” moment if we want real change.
@elonmusk Government should be as efficient as possible without making it fragile. This is important because the govt should deliver maximum benefit to its citizens while using the fewest real resources.
But the govt cannot go bankrupt, that is not true and is misinformation.
@LumpenErnie@tegmark@FinancialTimes I agree, it has been a political cluster caused by left leaning govt across many western countries. But history has shown us that right leaning alternatives have not been any better for the majority, which I think seriously puts the validity of many democracies in question.
@nascentjude@AlboMP You seem to do a lot of stuff Australians don’t ask for, such as this & air in chip packets yet nothing about what people are asking for, such as stopping immigration and housing…