TIM LAWLESS asks the question: ‘Will Stalled Migration Stem Housing Demand?’

And then it seems from this article that all is not revealed about what went on pre Covid-19!

Through visa manipulation a vast range of temporary visas allowed the holder to buy Australian Real Estate to gain a Permanent Resident Visa!

And with a mere 160,000 permanent migrants outnumbered by Temporary Visa holders, for example, in May 2019 their numbers surged past 2.3 Million

And many were lured here esp. those from our Big Neighbour to the North when they bought our real estate to gain a PR Visa and Medicare benefits!

Further, the property sector esp. over the past decade were unable to build the supply to keep up with the ‘foreign demand’ for our housing which may also explain why much of our housing was poorly constructed …

AGAIN it would seem the property media is spinning … somewhat … in saying that ‘the large majority of temporary migrants will not be purchasing a home in Australia; they rent’

BECAUSE those seeking to buy a ‘new home’ can do so on line through e.g. Juwai and gain a ‘PR Visa’ … they are no longer on a Temp. Visa …

This PR Visa has long been the lure.

They can also purchase through a Proxy Buyer, they can buy several homes, and they can launder ‘black money’ in our real estate because the Real Estate Gatekeepers are exempt from the second tranche of the AML legislation!

Martin North has said there will be a 30 to 40% fall in apartment prices due to the collapse of this Ponzi …

Who were all these high-rise apartment precincts scattered all over Sydney built for? … cough … cough … this high-rise demand was not there prior to the Visa manipulation that has taken place …

WILL there be an opening for a return to building homes for aspiring Australian First Home Buyers? That would boost our economy …

Read more from the Property Spin then search CAAN WEBSITE to learn more!

https://bit.ly/3i4vwK5

CAAN WEBSITE:

https://caanhousinginequalitywithaussieslockedout.wordpress.com/

St Hilliers Towers for Central Coast Quarter

THIS explains why the Gosford Public School was sold off in 2014  … located slightly to the south of the centre of Gosford.

DESPITE the alert from Martin North and others …

THAT as a consequence of the Pandemic … particularly with the masses of poorly constructed high-rise on the urban fringes, and further in as well with prices falling up to 30 to 40%, and with too much stock all looking the same, and on the market at the same time.

WHY is this happening now in Gosford despite a lot of concern that the development is too large for the area … but they obviously know more about the future than we do …

IT all points to big plans from those with power and influence for Gosford.  They will ensure they prevail, this sort of money won’t be deterred.

ALSO the site at the corner of Mann Street and Donnison Street … though  a smaller development, again it is mixed use – they all are these days

WHEN the demolition was taking place we spoke to a chap who suggested, like recent developments in Parramatta, it was ‘ME’ money and more than likely marketed to Chinese buyers

NO DOUBT its appeal is because it is …

.urban
.high rise that can be populated by cohort
.close to public and private schools
.close to selective school
.close to shops; a must
.close to train
.close to hospitals
.close to club

READ MORE!

In the leadup …

2020 VISION FOR TWIN TOWERS’ about a development in GOSFORD CBD said to be ‘State Significant’ builds …

$400M Archibald development of 2 towers including 300 apartments, hotel of 167 suites, 25 floors plus retail, bars and restaurants.

It was originally in 2015 the work of Peter Zhu but new owners of the Archibald are keeping their identities secret, why?

The Central Coast Quarter development application has been lodged for a hotel/entertainment destination at the southern end of Mann St … was this what the sell-off of the Gosford Public School was all about?

Plus another developer down the road is proposing 3 buildings between 8 and 24 floors to include much the same …

AND the Lederer Group is planning a development near Kibble Park, Gosford of 5 buildings 20 to 30 storeys … OMG!

The beautiful harbourside setting of Gosford to disappear for ‘Vibrancy and the emerging population’ … from??

SOURCE:

https://www.dailytelegraph.com.au/newslocal/central-coast/gosford-cbd-developments-gosford-alive-and-central-coast-quarter-das-lodged/news-story/00f2f45b263cb65ba2e0d796b9e4dc92?fbclid=IwAR30sKgTUXcjlzvWnEq3lCgPt4tBtAo4Byc_Ff1f4G455vWMgdAy8BpCpAA

How was all this development fast-tracked?

The NSW Planning Minister .. back then … appointed a new Co-Ordinator General to enforce development of the Gosford CBD …

Note … contrary to the ‘Central Coast Enforce’ the Gosford Waterfront was included in the draft CBD DCP!

NSW Planning proposes no barrier to who lives in Exclusive Sydney Enclaves

NSW  Planning proposes no barrier to who lives in Exclusive Sydney Enclaves

COUGH … cough … choke ….

How credible is this coming from NSW INC Planning?

FOR almost a decade now we have been subjected to Developers controlling the Federal Liberal Coalition, and rewriting policies of the ‘divide’.  With the 100% overseas sell-off of ‘new homes’, and enhanced foreign competition for Australian housing esp from the UHNW and HNW from China …

Together with the shelving of the second tranche of the Anti-money laundering laws for the Real Estate Gatekeepers for more than a decade … followed by an exemption for them in October 2018 by the Morrison Government

Even though the Real Estate Tour Migration is now negligible that money laundering exemption remains …

Does NSW INC believe we will swallow this ‘new benevolence’?  With the spinmeisters turning and twisting to make it read like this state government cares for its poorer constituents having forced them out of public housing … made many public servants redundant … and bulldozed communities for high-rise, toll roads, tunnels and stacks … ?

IS this the ‘Developers’ SIXTH TRANCHE?

Has this piece been put together now that they have read the reports from ACOSS, and others … have the Mob yet another spin on ‘social/public housing’ and affordable housing to fast-track ‘Build-to-Rent, Co-housing, Boarding Houses’ cheap, higher density housing all across Sydney … esp. for young Australians locked out to become life-long tenants?

Looks like the next chapter in overdevelopment will be supported by the disgruntled ‘Investor Class’ having lost out to Covid-19 are seeking to make a motza with investment in Build to Rent, Co-housing and boarding houses.  It appears it matters not to them that money launderers own so much of this Nation’s real estate;  that a whole Cohort of Australians have been locked out of home ownership … are these Australians there for the uptake to ensure their investor lifestyle?

It matters not to them that the money launderers may have property back home in high-rise precincts … that they can come to Australia to buy homes here increasing CO2 emissions

Will this mean the mob can come in and bulldoze our low-rise suburban streets for developments housing 28 people or more where there were 4 or 5? 

P.S. … NSW INC subsidises developers to sell ‘boarding houses’ after a mere 18 months as flat developments …

P.P.S.  Scattered across Sydney we still have workers cottages alongside mansions from Watson’s Bay to Riverstone … it’s not new … we had it all!

READ MORE!   https://bit.ly/31u1YQ6

IS there more to the new Building Reforms … than meets the eye?

THE NSW Building Commissioner will be able to issue stop work orders, order developers to rectify defective buildings and stop occupation certificates from being issued.

With three goals …

-the first to focus on the accreditation regime for designers

-the second to give insurers the confidence to ensure the work

-the third decennial liability insurance with 10 years coverage for defects for consumers

The new legislation has been described as complicated however, when companies contravene the legislation the directors and any involved in company management can be personally liable!  This may also be retrospective!

IT would seem due to community-wide awareness of the shoddy work of this Sector … with the word having gotten around … across the Globe … and the consequent pull-back that the TaskForce had to concede somewhat … and it could be this is as far as they have let the Commissioner get to …

Read more!

https://bit.ly/3gm4OLm

No photo description available.
CAAN Photo: development underway in Lindfield.

IS NSW INC going far enough to Stop Defective Development?

THIS Report in the SMH sounds good with the new NSW Building Commissioner, David Chandler having the power from 1 September 2020 to enter and inspect building sites, to prevent the issue of ‘occupation certificates’, and order work to be stopped!

However distraught home buyers/owners (*Constituents) have more to say about the system being stacked against them!!

A summary of their comments …

-the building commissioner should look at the ongoing issue of insurers fighting claims with the aim of wearing down claimants; the ongoing legal costs were going to exceed any forecast insurance payout; the payout has barely covered 50% of the real costs of remediation.

-deregulation and self regulation simply doesn’t work; Regulations exist for a reason

-the only real fix is to have truly independent supervising professional inspectors signing off at every stage of construction

-the introduction of self-certification by builders with final sign off by someone paid by the builder has always been dodgy.

-the use of substandard materials, bad building practices, mistakes and shortcuts have long been concealed by the time of final certification

-the buying off the plan system needs to be banned because the developers/builders can have millions in their pockets before they pick up a shovel and there is a wish to spend as little as possible of it on actual construction.

-will the shonky developers, builders and certifiers be named?  Future buyers need to know whose work to avoid

-the old Home Owner Warranty scheme should be applied to apartments; for the builder/developer to have enough money set aside for 5 years to cover defects

-nowadays they make huge profits shuffled to shelf companies and they are liable for nothing

-when a builder/developer goes broke they lose everything except their money

-is the ‘tough talk’ a NSW INC PR campaign to allow the industry to continue to build sub-par work at high profits (a 2-bed apartment costs $200,000 to build)

-will the list of dodgy developers/builders/certifiers be released publicly? Will on-going transparency reports be publicly made available?

-councils should be the only organisation to nominate certifiers

-what will happen when developers withdraw their political donations?

-could this NSW INC exercise be about restoring public interest in buying apartments?

-looks like it is about protecting the construction industry and investors rather than protecting home buyers from defective development

-when will criminal charges and gaol terms be imposed?

-why isn’t the government taken to task for privatising certification?

-now we have red tape + building defects + bankrupted home owners

READ MORE THEN SHARE!

https://www.smh.com.au/national/nsw/signatures-for-sale-days-are-over-warns-sydney-s-new-building-commissioner-20200818-p55mur.html#comments

Urban Health may take precedence over Development

CAAN Photo: Parkview second development; Herring Road Precinct, Macquarie Park; neighbour to the site of former Ivanhoe Estate. Photo taken from a distant reserve through the trees

DESPITE a recent history of pandemics reaching Australia the property sector through its lobby groups have changed government policies throughout the 2000s to boost population growth through migration and create a housing market for them.

Storey upon storey … as high as 63 … 80 storeys, how can the open spaces provided prove to be adequate to prevent transmission of communicable disease through close public areas of foyers, lifts, gyms, pools, boutiques?

And air-conditioning throughout these towers?

A recent report from the UN reveals that more than 90% of CoronaVirus cases have come from urban areas.  And Melbourne and Sydney with much higher densities have largely shared Australia’s cases of CoronaVirus …

Pharmaceuticals and biomedicine have not been adequate to address this Pandemic alone … and in order to combat it we have had to return to isolation principles!

In the second half of the 19th Century a movement came about for urban reform of industrial cities not only for better sanitation but recognition of the value of ventilation for fresh air and light …

However, during this recent Australian housing boom through deregulation and loss of adherence to Australian Standards with many high-rise apartment developments not only cramming hundreds of people together but room sizes have been cut, and in some cases windows either eliminated, or unable to be opened!

It would appear ‘Urban Planning’ needs to be resurrected to ensure the health and well-being of inhabitants otherwise ‘prosperity’ may have no meaning …

Image may contain: sky and outdoor
CAAN Photo; April 2020; Parkview ; vegetation cleared from site; Herring Road Precinct, Macquarie Park

Read more!

Pandemics will change the architecture of health

Little Manly Residents oppose Stuart Street Boarding House

… there are more people wanting this style of accommodation.’  Said that with the vested interest …

WHAT this really means is that AUSTRALIANS, as we know, have been priced out of HOME OWNERSHIP …

… by both the investment and property sectors … and money launderers …. and in order to live close enough to where they work it is proposed that AUSTRALIANS have to board, or become life-long tenants in Build-to-Rent schemes … that are not so affordable …

HOW IS THAT ON?

Residents in low rise residential areas on the Northern Beaches have formed a GROUP to fight back.

Say NO to Boarding Houses in Low Residential Areas on the Northern Beaches

WHY not do the same in your area to stop this before it starts? To forever change where you live ….

IMPORTANT! This is what the Group writes has happened:

‘ … due to current SEPP loopholes. Northern Beaches Council overwhelmingly voted for change on 27/2/18. They want affordable housing but they want to have a plan and the infrastructure in place to support any changes.  ….

We are against Council’s Planning processes being by-passed.

We ARE against State Government Laws and Policy being exploited by opportunistic developers under the guise of affordable housing as “boarding house” applications.

OUR MISSION Our goal is to prevent Developers building what they term “boarding houses” under the State Environmental Planning Policy (Affordable Rental Housing) 2009 (AHSEPP).

These developments are not affordable and they are not traditional “boarding houses”. They are micro-apartments rented out at $450-500 a week for a term of 3 months. ‘

They are sold in 10 years for $500k each. They are built in quiet residential streets on R2 residential low density zoned blocks (that’s your next-door). They are 29 square feet. They can be built anywhere within 400 meters of a bus-stop on the Northern Beaches.

Parking is insufficient at 1 spot to 5 apartments. They don’t have enough green space. They don’t meet community needs and destroy quiet family streets.

Again they are NOT affordable.

OUR URGENT FOCUS To work with our Community, Council and the State Government to have the State Environmental Planning Policy (Affordable Rental Housing) 2009 (AHSEPP) revised.

This is to ensure Developers don’t circumvent Council designated planning and process through appeal in the Land and Environment Court.  … ‘

AND … view this article: ‘No more Monster Boarding Houses in R2 low density zones’

https://www.bartier.com.au/insights/articles/no-more-monster-boarding-houses-in-r2-low-density-zones/?utm_source=Mondaq&utm_medium=syndication&utm_campaign=LinkedIn-integration

READ MORE!

‘Revealed $2.6M Boarding House with 12 Rooms proposed for Prestigious Spot in Manly’

https://www.dailytelegraph.com.au/newslocal/manly-daily/revealed-26m-boarding-house-with-12-rooms-proposed-for-prestigious-spot-in-manly/news-story/bd7012a934f48ad022a108d997477d57

PROPERTY Sector alarmed by Home Buyer Exodus!

WITH the demand for 115,000 ‘new homes’ to disappear by 2023!

Immigration Dept Stats advise that 310,000 people have left Australia

a further 300,000 people are expected to leave

-that high unemployment and a halt to skilled migration threaten house price markets

FINALLY … have they been hoist by their own Petard?

By a self-perpetuating scheme of population growth through Visa Manipulation that is not based on sound economics, but based on ‘a Construct’ … based on greed … and trickle down economics …

READ MORE!

https://caan.info/32FpwCS

LIKE CAAN ON FACEBOOK!

https://www.facebook.com/Community-Action-Alliance-for-NSW-744190798994541/?ref=aymt_homepage_panel

CAAN WEBSITE:

https://caanhousinginequalitywithaussieslockedout.wordpress.com/

A NSW TAX Shake-Up to benefit Guess Who?? Ha ha … THE PROPERTY MARKET

CAAN Photo: Are these the sort of ‘homes’ and terraces, townhouses … etc that are proposed?

IT appears the next step following many by the Reps in Macquarie Street is to replace STAMP DUTY with a broad-based LAND TAX

AND what lies behind yet another manoeuvre is to entice people to sell their homes open up opportunities for developers to build more ‘homes’ (boxes/cells) and allegedly to make the NSW Guvmnt budget more manageable as spun in a draft on this government’s inquiry of federal financial relations

Included among 15 recommendations are a swap for LAND TAX, SCRAPPING STAMP DUTIES and GST changes

In 2018-19 the Berejiklian Government gained some $7 BILLION from ‘transfer duty’ but according to this inquiry it was an unstable derivation of income from raising 28% of tax revenue from transfer duty to fall by 14% a year later …

For those esp. ‘investors’ who buy and sell homes more frequently it is put that ‘they’ are paying for essential services and infrastructure … cough … cough …

😏

In 2018 in NSW some 2.8 million properties yet less than 200,000 home owners contributed through ‘transfer duty’

Because most stayed in their homes for decades … is this a move to encourage (or force) people to sell out and somehow improve housing affordability …

😎
😍

ASK YOURSELF …


IS this Inquiry put together by the same guy that … when he was at Telstra he thought it was okay to insist all clients agree to pay their accounts by automatic deductions to retain their Telstra phone connection?

SHOULD we be wary of these ‘appointed’ persons telling us they have better ideas about collecting taxes?

CAN anyone ever remember not paying more tax?

DO these reviews ever result in us paying less tax?

WHY didn’t they put the same amount of energy into anomalies like:

-the cash economy  (aka ‘hot money’ or ‘black money’)

-tax havens like so-called  ‘Trusts’ (e.g. Family Trusts)

tax loopholes like so-called ‘deductions’

sham contracting

THE LIST goes on …

WHAT about doing something about:


money laundering in real estate (by implementing and enforcing the second tranche of the Anti-money laundering laws by removing the Real Estate gatekeepers exemption of Oct 2018)

proxy buying in real estate?  (ditto)

AND all the other tax evasion and tax avoidance happening across the economy?

DOES anyone believe these measures are no more than another BIG FAT TAX?

NOW … SHARE! 

TO enlighten others … by Facebook … share in an email to contacts … and raise this with others to enlighten them … unless you do …. and unless we kick up a Stink … nothing can change for the better!

Read more about this Inquiry

PLANNING MINISTER MOVES TO ENACT SINISTER ‘MEDIUM-DENSITY HOUSING CODE’ FOR 1 JULY 2020

Image may contain: sky, tree, house and outdoor
CAAN Photo: even fugly like this in one of Sydney’s exclusive Harbourside areas … however only 150 dwellings for this LGA. Too bad for the neighbours at the rear could this be too close for comfort?

DESPITE the strong objections from Councils and Constituents …

It’s happened across Sydney wherever higher density has been deemed … this is the second stage … their appetite whet for more …

TO demolish our streets for crap like this …

Image may contain: sky, tree, house, cloud, plant and outdoor
CAAN Photo 10 Townhouses 10 X water and sewer where there was one home
Image may contain: sky, plant, tree and outdoor

CAAN Photo oversized duplex showing signs of poor workmanship

IN the lead up what it will mean …

THE MOB moves will be underhand … our properties undervalued …

NEXT … wholesale demolitions … asbestos clouds … excavations … jackhammers … tradies trucks pack out our streets … chainsaws too … mud … cement dust … visa workers not trained through our TAFE … latrines on the streets …. footpaths turned into rubble … hazards for pedestrians … conga lines of trucks … cement mixer trucks … concrete pores even as late as 8 p.m. 

THIS is planned for across NSW … no escape …

As ‘Our Families‘ are priced out … note this Report …

‘Major proposed changes to Australia’s Foreign Investment regime announced by the federal government’

FOREIGN INVESTMENT means FOREIGN ACQUISITION … OWNERSHIP

HOWEVER …

‘There are no significant changes proposed to the rules regarding residential real estate’ *

Read more!

https://www.jdsupra.com/legalnews/major-proposed-changes-to-australia-s-72340/?fbclid=IwAR3wlTpsAeLsvWHEQ_FOX3itPaUSHLENAQijDGIPBAsI0lT2uwqA2tqtFIA

As China is alleged to be easing off … enter Millions of buyers … Billions of ‘em from Hong Kong … Malaysia,  Singapore, India … and obviously more Black Money awash in our Real Estate … remember the Real Estate Gatekeepers are exempt from the Anti-Money Laundering Laws (Morrison Govt October 2018) …

BUT … what the Property Sector may find that due to the Pandemic … that international travel will not happen until there is a vaccine … so despite no laws to prevent foreign acquisition … the market may not just be there!

WHEN some believer says ‘Come on … Liberals are good economic managers’ … OR ‘lay off these guys’ … just remind them how good they are …

-and what it has been costing us …

Mr Pants-on-Fire from the Shire was anointed by the Federal developer lobby, Property Council of Australia for the top jobso that the PCA holds the reins of Australia …

He wrote the policy for the PCA before entering politics …

AND in NSW the Mob rule from Macquarie Street … read more:

https://www.smh.com.au/national/nsw/frustrated-minister-says-no-more-delays-as-housing-plan-rolls-out-20200615-p552sg.html?fbclid=IwAR3HDCngmrCNwOfQQB79_Rjd-SACeNRIOSGiqAcE5qi4NjZYjsVR7e3eaSo

VIEW CAAN’s earlier report … can’t say we didn’t warn you!

https://caanhousinginequalitywithaussieslockedout.com/2020/01/28/until-it-happens-huh/?fbclid=IwAR2_qgrdT56GKAQd8nzOQRWa8qWxedzBV0mqHv9ch80cS303ow_xSstan80