PHOTO: John and Janette Howard with first home buyer Ivan Kenny-Sumija and his family at their under construction Rowville home during the 2001 Aston byelection campaign.CREDIT:AAP
WHY is our Media attacking the Albanese Government about the HOUSING CRISIS that has long been in the making by the COALITION?
Apart from our Media being largely privately owned, and our ABC which promotes that their reporting is verified yet it appears our ABC Journalists are not able to tell the whole story – why is this so?
– there seems to be an inappropriate campaign – a blame game directed at the Albanese Government
- Lots and lots of investment in this by a disgruntled lot that want much more of the same that locked out our families, and has seriously damaged social cohesion, and much more!
HOWEVER in fact much has been written about how our Housing Market was destroyed when JOHN HOWARD ended routine public home building in 1996.
Legislative Assembly Hansard – 06 April 1998
https://www.parliament.nsw.gov.au › HansardResult
In that budget John Howard also abolished all further rounds of the social housing subsidy program, which was established to provide a 20-year funding stream …
https://www.parliament.nsw.gov.au/Hansard/Pages/HansardResult.aspx#/docid/HANSARD-1323879322-16947
“The government used to invest strongly in social housing, with one in three renters renting from the government up until the mid-eighties,” she said. “That approach worked to keep rents down not just for people on the lowest incomes but also for renters across the board.”
“Over the past few decades, they have moved away from providing housing directly. Instead, they spend billions propping up the private rental market through Commonwealth Rent Assistance with no track record of success. Rental stress keeps going up, including for people who get the payment.”
Social housing was one hell of a missed budget …
8 Oct 2020 — … Howard government effectively ended routine public home building in 1996. Pre-tested, pre-prepared. On a per capital basis, social housing …
HOW JOHN HOWARD LOCKED AUSTRALIANS OUT OF HOME OWNERSHIP
How John Howard locked Australians out of home ownership
https://www.smh.com.au › … › Byelection
31 Mar 2023 — Two years ago, a study by the Australian Housing and Urban Research Institute found that Australian governments had spent more than $20.5 …
January 2008
Aston byelection: How John Howard locked Australians out of home ownership (smh.com.au)
“Analysis of census data by the bureau of statistics in 2022 showed home ownership for those aged between 25 and 39 had decreased in each successive generation since the 1990s.
PressReader.com – Digital Newspaper & Magazine Subscriptions
The Saturday Paper:
‘The Men and Decisions behind Australia’s Housing Crisis’
“ … the HOUSING CRISIS in Australia can be traced back to a handful of catastrophic policy choices made by JOHN HOWARD and recommended by his friends’.
Since the election of the Coalition Government in 1996 HOUSE PRICES HAD DOUBLED.”
much has been written about how our Housing Market was destroyed when JOHN HOWARD ended routine public home building in 1996.
THIS took away the competition from the Public Housing Sector, and look at where we are now!
The Centre for Independent Studies says planning restrictions have massively contributed to Australia’s housing affordability crisis. Picture: Getty.
Here’s an article by the usual vested interests saying NEGATIVE GEARING AND
THE CAPITAL GAINS TAX DISCOUNT (TAX BENEFITS) is a “trivial” driver of house
prices. Of course they’re blaming some thing else like the NSW Planning Rules
for boosting property prices as much as 40%!
AND ADDING more than 40% to house prices in Sydney and Melbourne …
YET it is reported here that these tax benefits only boost values by between 1%
and 4%.
AND what if the Feds were to cut back on migration the sector would only need
to build for Australian First Home Buyers!
THAT would amount to a fall in CO2 emissions from the construction materials of
concrete, steel and glass. A win/win!
AND what of the increased DEMAND through the FIRB Ruling that has allowed
developers to sell 100% of their ‘new homes’ to foreign buyers? Apart from the high
migration growth increasing DEMAND?
HOW come during December 2020 within 3 weeks SYDNEY house prices
escalated by $200,000; totalling $500,000 within a few months in 2021?
NEWS REPORTS of more ‘Homeless’ Australians now sleeping rough in our
regions!
VIEW to learn more about the Board members of the CIS! With
backgrounds in investment banking, merger acquisitions, corporate sector,
property law …
COMMUNITY ACTION ALLIANCE FOR NSW (CAAN): HOUSING INEQUALITY WITH AUSSIES LOCKED OUT! 