Lex wrote …
‘People have to live somewhere & it is far preferable to go up, allowing for the preservation of open spaces & transport consolidation than out, resulting in urban sprawl & the entire Sydney basin eventually being covered in squat buildings. It is the peculiarly Australian malady of High Rise Phobia that continues to fuel the urban sprawl that is threatening Mt Gilead & similar places.‘
CAAN: Yes, people do have to live somewhere, and in case it has escaped your notice, Lex, both Sydney and Melbourne have been subjected to high immigration … not just 70,000 per annum of permanent migrants, but during the term of the Howard Government it rose to some 200,000, 300,000 or more with temporary migration of Visa holders!
This population explosion began in the late 1990s of the Howard Government when Middle Class Chinese were invited to invest or buy our real estate to gain ‘Flexible Citizenship’!
And the Ponzi Scheme… the origins of which date back to the 457 Visa being introduced after John Howard took office …
Many on Student Visas were able to bring out family members through a Family Visa, Parent, Grandparent, and Guardian Visa.
The PhD Student Visa, Investor Stream, Significant Investor … and more!
This huge influx particularly from China led to increased competition for our housing … house prices escalated … locking out many young Australians … Black Money was awash in our real estate as the second tranche of the AML Legislation was shelved … then in October 2018 the Morrison Government exempted the Real Estate Gatekeepers from the Anti-Money Laundering Laws!
In January 2019 Scott Morrison announced a cut to migration of some 30,000, but at the same time overlooked that there were some 2.2 Million VISA Holders in Australia!
This Visa manipulation has benefited not only foreign buyers but both the high-rise and urban sprawl developers … in fact a ruling of the FIRB has allowed them to sell ‘new homes’ to foreign buyers! Whole Precincts of high-rise and urban sprawl!
IT would seem that the Australian People have been overruled by developers, doesn’t it?
- We have had no say about this whatsoever despite many spending years to try and save our Heritage, Fauna, Flora, Farmlands, villages and suburbs from their greed and destruction!
SO what do you say now, Lex, about ‘High Rise Phobia’ fuelling the urban sprawl?
Search CAAN Website to learn more about …
-Lang Walker, Walker Corporation
-Harry Triguboff, Meriton
-Country Garden (now Risland)
-Wilton, Appin, Mount Gilead
-Foreign Investment Review Board (the FIRB) and much more!
Read this from Elizabeth Farrelly: