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.Faiza Shaheen is right, we can't rely on private property developers & house builders to solve the housing crisis (not least because they profit hugely from it)

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Saul Staniforth

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14,262 Aufrufe • vor 8 Monaten •via X (Twitter)

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"The unrealistic thing is to expect property developers.. to build us out of this crisis.. what we really need is a party.. who say we need to build social housing, council housing.. it will require intervention [&] thats absolutely what we must do" Zack Polanski yesterday
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"The unrealistic thing is to expect property developers.. to build us out of this crisis.. what we really need is a party.. who say we need to build social housing, council housing.. it will require intervention [&] thats absolutely what we must do" Zack Polanski yesterday

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Zack Polanski has a plan for the housing crisis: ‘It’s not a building crisis’ ‘It’s an affordability crisis’ ‘We need Council owned property’ ‘And we need to build housing people can afford’ Zack is spot on again!
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Australia’s housing obsession is one of its greatest weaknesses. Rising house prices are not a sign of prosperity. What they actually tell you is that more money is being borrowed from the banking sector to buy homes. The cause of rising house prices is rising household debt, and that is unproductive. House prices are now five times more expensive than consumer goods compared to 1970. We should never have allowed that to happen. Housing should not be an asset. It is not something you should profit out of. It is something you should live in. The people who really benefit from rising house prices are real estate agents and property developers, not the families who live in them. We are paupers living inside castles. Paying a fortune on the mortgage, a fortune on private schools, and out of the remainder, just trying to live. For the more information, check out the comment section, #SteveKeen #AustraliaProperty #HousingCrisis #MortgageDebt #Economics #HousingAffordability
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Australia’s housing obsession is one of its greatest weaknesses. Rising house prices are not a sign of prosperity. What they actually tell you is that more money is being borrowed from the banking sector to buy homes. The cause of rising house prices is rising household debt, and that is unproductive. House prices are now five times more expensive than consumer goods compared to 1970. We should never have allowed that to happen. Housing should not be an asset. It is not something you should profit out of. It is something you should live in. The people who really benefit from rising house prices are real estate agents and property developers, not the families who live in them. We are paupers living inside castles. Paying a fortune on the mortgage, a fortune on private schools, and out of the remainder, just trying to live. For the more information, check out the comment section, #SteveKeen #AustraliaProperty #HousingCrisis #MortgageDebt #Economics #HousingAffordability

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Lucas Franco and the Laborers' Union get it: you can't solve a housing crisis without building. That means cutting red tape, working with the private sector, and lowering the cost of housing for Minnesotans. That's exactly what we're going to do.
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