Christobootswiththepher

joined 1 month ago
sorted by: new top controversial old
Housing, we all know in c/australia@aussie.zone
[–] Christobootswiththepher@lemmy.world 1 points 15 hours ago

Absolutely.

The populaces awareness of inflation taxation is what drives part of the cryptocurrecy fever. People have grown impatient again at being fucked over by banking policies.

Join a protest.

Penny auctions anyone?

Housing, we all know in c/australia@aussie.zone
[–] Christobootswiththepher@lemmy.world 1 points 16 hours ago

I see it as a supply and demand issue, too.

Supply of humans is so high that it has eroded bargaining power. Add in immigration and it is known that this has suppressed wage growth. Hence why I think in the 30s and beyond will be wild. The supply of humans will be reversed as global fertility trends continue. The WHO forecasted stat's on world population from 2050-2100, and beyond, shows a decrease. If this plays out houses are going to be cheap as chips through this period, and all the 'real estate empires' will lose their shirt.

Housing, we all know in c/australia@aussie.zone
[–] Christobootswiththepher@lemmy.world 1 points 18 hours ago

That is my read of the current policies. And political mechanics (no matter which party).

If home ownership continues to drop at current rates, by 2030s there will be a majority of non-home-owner voters, who will swing the political sphere, as home owners have been doing.

Housing, we all know in c/australia@aussie.zone
[–] Christobootswiththepher@lemmy.world 1 points 1 day ago (2 children)

The only way for wages to rise is through innovation. I have a R&D company. I can't see any other way

14
Housing, we all know (lemmy.world)
 

It seems a good time to remember, in amongst the rhetoric of election campaigns that all parties will keep house prices where they are.

The way back to affordability is 10-20 years of marginal house price growth, to enable housing to come into line with long term trends. Fluctuations that are radical pose radical problems for politics. So they opt for the sustained. This is what I think Australia's (and others) future housing comes down to the (continued) debasement of currency through broad (stealth) taxation.

What a game.

I suspect voting preferences will swing around the late 30s quite bad :-/