WHY can’t deve-lopers sell thousands more apartments?
Houses are in short supply and in demand … but despite this ‘the boys’ are finding it hard to reduce the listings for apartments …
COVID-19 brought it home just how unpleasant living can be in some apartments … a box in a wall …
AND then there’s the ‘rental apartments’ … that’s another story … so many airless and suffocating …
With no outlook apart from a giant retaining wall … OR peering into the living room opposite …
… german cockies in the cupboards, scurrying on the carpet, in the appliances …the plumbing their Super Highway …
… what’s that banging on the floor upstairs?
… grease in the stove fan … grease in the oven … grease like glue in the workings of the cooktop … the stove no longer works
… power points lifting off the wall
… no power point for the laundry/bathroom
… steep decline to the carspace
AND the high spice cuisine … wafting in day and night
That’s not enough for ‘the boys’ they want 60,000 more tenants like these back in the Melbourne CBD.
Let’s not forget through high immigration enabling the GROWTH of the Property Sector more Communists are here in Australia! Whether from the Middle Kingdom, through India, Hong Kong and elsewhere …
CURRENTLY … house prices are growing at the rate of 25 – 30% annually but ‘the big Boys’ want more by relighting this POPULATION GROWTH and alleging that will protect Australians at the same time, but how?
WHEN Visa workers on ‘non-Award rates’ take the place of Australian workers … a fall to the bottom … wages have not gone up for six (6) years!
Are ‘the boys’ going to return the benefits given to them? The now publicly funded private dividends?
WHY can’t ‘the big Boys’ build the housing that Australians want?
The consequence of the Pandemic being many Australians have moved from the cities to the regions …
Apart from the obvious fact that an apartment is built for $200,000 and sold for … a massive profit … Australians have sought a better lifestyle …
IT is not isolated to Sydney … it is happening in other capital cities and in our Regions too!
View this report:
‘What happens to Byron Bay locals who can’t afford the soaring property prices?’
This young mother has not been able to find a suitable affordable rental in Byron Bay or surrounds since Christmas having rented this home for ten years for her family
Her home is going to the market …
A CAAN commentator wrote in response:
‘This problem is playing out all over Melbourne and I find many of my friends oblivious or seemingly not interested at all. ‘
The bottom line is fewer young Aussies now aspire to own their own home as priced out!’
And another commentator talks of the consequences …
‘They end up permanently camping! A new generation of trailer living.’
HOW come Australians have accepted this? Seriously!
HAVE we no spirit whatsoever? Are we so self absorbed? Or dumb?
THIS current cooked Housing Market as reported on ABC NEWS today, 1 March 2021,
that the property market was skewed in part due to low stock levels.
That said, record low interest rates, government subsidies and more relaxed lending has meant prices have gone up a lot as much as $300,000 or even more above the Guide across the market, and demand has increased equally.
Buyers are being conned … almost every property is going to ‘auction’ where this is played out!
And there is only one successful bidder … go along to an auction and see the sad faces of those who lost out! Only one bidder among as many as 50 in attendance …
Perhaps buyers ought get together and demand ‘Private Treaty’ sales? Why not send a petition to MPs?
And demand that when properties are put on the market that they at least be maintained ensuring that the guttering does not leak, tapware is new, and the home painted inside!
And at CAAN we have received reports of the Onshore Proxy returning to ‘Open Home’ inspections and auctions … as many as three or four seen at these events. They are there with their Apple iPhone messaging clients; taking photos; now targeting ‘knock-down’ jobs for that ‘new home’ perhaps?
… Could this Proxy involvement alone conceal the actual numbers of foreign buyers esp. from China, Hong Kong and Singapore?
According to recent data from REA Group’s latest report supports the view that Chinese buyers have abandoned Australia, but we raise the possibility with the Onshore Proxy the real numbers are not seen!
Maybe the REA Group … the NAB and others would like you to think that the Chinese have abandoned Australia? Hm?
Proxy buyers are readily available to bid for overseas buyers who can find our real estate on Juwai dot com, and through Real Estate Agents websites and WeChat …
WHY is this still happening despite COVID-19?
Hong Kong buyers fleeing the island are focusing on the United Kingdom where reports have emerged that they are buying up rental properties, and here in Australia.
Those from the Middle Kingdom and Singapore are seeking to join their families and friends … because ‘they love Australia … even more than we do’ … FFS!
With the vaccine … the push is on for international students and investors to return …
UNLIKE Sydney, Melbourne has the capacity to increase its supply to the west and south west of the city.
SYDNEY is running out of space, hence prices are up and up.
SO how is it acceptable for overseas buyers to buy up our residential property? Ask your local MPs why the FIRB ruling is still in place if it is not to benefit the gatekeepers?
Hence prices are up and up!
IF this is not impacting your family … it will impact their children whilever Australians say and do nothing about price surges of $300,000 or more … and the Foreign Investment Review Board ruling is in place that allows the Property Sector to sell 100% of ‘new homes’ overseas together with Visa manipulation and money laundering awash in our Real Estate!
WHY not make your objection known to your local MPs (both State and Federal) concerning the exemption granted to the Real Estate Gatekeepers (Real Estate Agents, Lawyers, Conveyancers and Accountants) to the second tranche of the Anti-Money Laundering Laws by the Scomo Government in October 2018?
Private Media owner Eric Beecher, spells out what this all means!
“The grim reality is that this legislation supports and enshrines the concentration of public interest journalism ownership in the hands of five billion dollar-plus organisations, dwarfing the news publishers who, between them, constitute diversity of Australian media,” Mr Beecher said.
“It arms five enormous organisations with additional funding to dominate and, in some cases, wipe out smaller players.”
The legislation provides a framework for publishers to hash out commercial deals with Facebook and Google for using and linking to their content.
But the government amended the laws this week to placate Facebook after it blocked the sharing and publishing of Australian news on its platform.
The most important of the four amendments means the code may have already teased out all of the concessions it is going to get from Facebook and Google – even though it has yet to become law.
This is because it requires that Treasurer Josh Frydenberg take into account whether a digital platform has “made a significant contribution to the sustainability of the Australian news industry through reaching commercial agreements with news media businesses” before he can specify that the code must apply to it.
In other words: Facebook and Google are only bound by the rules of the code if and when the Treasurer says so.
And given Google has already struck multiple deals with individual news publishers, it’s a big stick that the Treasurer may never choose to use.
Mr Strom, president of the Media, Entertainment and Arts Alliance union that represents Australian journalists, told The New Daily the federal government should have focused instead on squeezing more tax out of the tech behemoths.
It could have then funnelled the extra revenue into expanding its Public Interest News Gathering Fund, while introducing more generous tax incentives for new media startups and for Australians who subscribe to local news, he said.
NOTE …. CAAN is still subject to a Facebook block to share any news reports or links! Latest report is that ‘NEWS’ will be allowed on Facebook tomorrow! Friday 26 February 2021!!
‘Locked Out … Again!’ A whole Cohort of Australians from X Generation, Millennials, Z …
CAAN suggests it is not only the impact of Mum and Dad Investors returning to the market … low interest rates … the limited supply of houses BUT the return of the Onshore Proxy … at Open Home Inspections messaging on Smart Phones … who do you figure they are buying for?
-the Middle Kingdom and or Hong Kong, Singapore …
Why not copy and paste the VIDEO link and share in an email to your Contacts?
THEN Invite others to Search CAAN WEBSITE for how this dire predicament has in fact been contrived to benefit the few here, like those on the AFR Rich List, and largely their overseas wealthy clients who can gain a Permanent Resident Visa following property purchase!
HINT they can buy a ‘new home’ as an entry e.g. a studio apartment in woop woop, and gain this PR Visa … to then fly here and buy up more real estate including Heritage Homes, suburban bungalows, a whole level of an apartment development …
IT would seem they knew about this long before many of us …
VIEW AND SHARE this video!
What does the real estate price surge mean for home buyers?
.Real Estate Gatekeepers made exempt in October 2018 by Morrison Government
-Developers Buy Access in NSW
-Foreign Property Buyers
-Foreign Investment Review Board (FIRB)
.FIRB Ruling following the GFC that allowed developers to sell 100% of ‘new homes’ to overseas buyers … up from 50% particularly in China ….
DEVELOPER LOBBY GROUPS:
-Property Council of Australia (PCA) and …
.When Scott Morrison skipped out the doors of the Property Council of Australia (PCA) in 1995, where he had spent six years cutting his teeth as a spinner, lobbyist and propagandist, he landed in the tourism sector.
.with a vast range of Visas including those for students, PhD Student, 457 Visa now revised for Skilled Workers, Family, Grandparent, Guardian, Significant Investor, Investor Stream …
IF ever there were ‘a Pointer’ about the LNP Coalition … here it is
The Libs held one of their first fundraisers at the Mosman Club on Friday night, 19th February … to win back the seat of Warringah, and who was there, do you think?
Yes, ‘the Mad Monk’ … from whence, it appears, much of the damage to this Nation originated …
Was TA the instigator of ‘the Kulcha’, the LIEBRAL BOOFEY BLOKE KULCHA?
TA was known for his three word slogans!
‘AXE THE TAX’ … The Carbon Tax, and hence where we are now in a perilous position with Climate Change
‘STOP THE BOATS‘ … to stop most of those fleeing from war torn nations, and persecution to seek asylum in Australia. For the small number that gained approval as refugees they were limited to temporary visas.
In contrast the Chinese were invited to invest in Australian Tertiary Education, and buy up our Real Estate locking out Australians with Black Cash! And to gain ‘Permanent Residency’! This began during the Howard Government with “Flexible Citizenship’ for Middle Class Chinese.
Daily Abbott taunted Prime Minister Gillard with his ‘Captain’s calls’ … thankfully ministerial scandals damaged its leadership …
AND typical of this ‘blokey kulcha’ there was a long line of them queuing up on Friday night for an $80 two-course dinner at the Mosman Club to rub shoulders with TA and their like boofey mates …
I live in a country where women are paid 20% less than men I live in a country where women represent 30% of Govt I live in a country where 18% of CEO’s are women. I live in a country where the elected Govt. conspires to coverup the rape of women – I LIVE IN AUSTRALIA ….
On Monday, a student disclosed to me that she hadn’t eaten for 36 hours. She was so ashamed, but so hungry she was in tears. She said Dad left & Mum couldn’t afford food and the bills. I gave her my lunch. This is the life of a teacher. This is Australia. #aussieEd#auspol
From 9 NEWS:
Teachers should be paid more and have more time away from class to prepare lessons. That’s the finding of an independent inquiry, which concluded that teachers are enduring unsustainable workloads.
In a week when the Family Court is abolished, when we remember Hannah and her 3 children who were burned to death, when a serious crime against a young woman happened in our Parliament and it was covered up. Can anyone join the dots other than me
From Dr Sheep Person:
Every journalist who is now working to “humanise” Morrison is part of the problem. Every single one.
CAAN: However, the journalists are under the direction of their Masters … the donors and supporters of the LNP Coalition …
I find it more than a little hypocritical the Liberal Party claims to be the party of “law and order” yet happily seems to cover up crimes ….
CAAN: And this is before the Cut to JobSeeker!
I’ve got $8 to my name. If you don’t laugh you cry. I’m laughing. I’m ok btw. Not asking just expressing a minor anxiety. I don’t have a mortgage, I don’t have children (1 dog actually and she’s beautiful) so I’ll be ok. But fark lol
CAAN: And how many of you bought the B.S. from Tone’s mouth?
The more time rolls on, the more I realise I didn’t appreciate at the time how good Gillard was as PM #auspol