If predictions come true it will be another year of deteriorating housing affordability, prices will rise at twice the rate of disposable income — something that that has been going on for 25 years and has created what we all see now as a crisis.
Landlords are drains on the economy. Shifting capital into non-productive parts of the sector. Relying on a collective of mom-and-pop landlords to ‘build’ dwellings for a nation’s population is akin to harvesting a coal mine with picks and shovels. It’s moronic policy that doesn’t scale. Where are the large institutions building? Why isn’t the government providing a right to shelter? Fuck off with ‘starter’ homes. There are none. I’d be happy with a shoebox to sleep in at night.
Landlords are drains on the economy. Shifting capital into non-productive parts of the sector. Relying on a collective of mom-and-pop landlords to ‘build’ dwellings for a nation’s population is akin to harvesting a coal mine with picks and shovels. It’s moronic policy that doesn’t scale. Where are the large institutions building? Why isn’t the government providing a right to shelter? Fuck off with ‘starter’ homes. There are none. I’d be happy with a shoebox to sleep in at night.
Preach.