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I'm realising you and I look at things differently.What's productive about land banking or keeping properties vacant?
My guess, your are a glass half type.
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I'm realising you and I look at things differently.What's productive about land banking or keeping properties vacant?
IIRC , I'm sure Steve Bracks had his plan.If this is in reference to those wedges of parkland, farmland and bush around outer-Melbourne, those are Rupert Hamer's.
still waiting for you to explain how holding land and refusing to develop it or having housing that you refuse to put on the market is making you a productive member of societyI'm realising you and I look at things differently.
My guess, your are a glass half type.
I would dispute that. 50 years ago people wanted to live in the suburbs which were brand new, not that far from the city that it was not manageable and the inner suburbs were seen as rat infested ghettos (my nan actually said that once).The problem that young home buyers have today is the same problem that young home buyers had fifty years ago.
Buy where you can afford, then have a longer commute to work. Once you paid enough of mortgage off you sell up and move to something closer in (or nearer to family).
The sprawl will continue, it only a matter of time before Steve Brack's infamous green spaces are fully developed. I say infamous because former Labor ministers set themselves up as consultants to get around the green spaces scheme.
Yes, some parts of Richmond, Collingwood and Fitzroy were not places you'd want to be but things change over time.I would dispute that. 50 years ago people wanted to live in the suburbs which were brand new, not that far from the city that it was not manageable and the inner suburbs were seen as rat infested ghettos (my nan actually said that once).
Now the new suburbs are literally 40-50k from the city, they themselves are qhettos within 20 years and there is zero density of infrastructure.
In addition to this we are increasingly sacrificing good farmland which is becoming a huge problem the world over as we need more food, not less.
Sprawl has never worked anywhere yet and it will not work in Melbourne.
Nothing , and vacant properties deteriorate over time which costs money to fix.What's productive about land banking or keeping properties vacant?
I was referring to extra taxes investors will pay. They may decide to invest interstate were the returns would be better.still waiting for you to explain how holding land and refusing to develop it or having housing that you refuse to put on the market is making you a productive member of society
Such a positive balanced view here by Nine - what a lovely change
Bridgette Mckenzie is a vile human being.
Perfect tone. They aren't relevant."they're not relevant" - not a great start on the tone thing
They have on my line. Reduced time into the city and disruptions as well.yeah they keep removing grade separation too so at some point the vline and metro trains run on the same tracks
the level crossing removals were as much about pandering to cars as anything else by removing perceived points of congestion
they've not improved service frequency like they were sold as doing because the timetables haven't changed
The first stages of the rail loop allow for additional density.I agree, but Geelong Sprawl but with faster trains is not the answer to solving Melbourne Sprawl.
The first stages of the rail loop allow for additional density.
As has been noted many times before, the idea is to decentralise Melbourne, a tactice very successfully used in a number of East Asian cities like Tokyo.
The 1979 Freeway plan with freeways everywhere also had the same goal. You can still read it.The first stages of the rail loop allow for additional density.
As has been noted many times before, the idea is to decentralise Melbourne, a tactice very successfully used in a number of East Asian cities like Tokyo.
It allows for increased density around PT hubs and an agglomeration of services, employers and so on. There are plans for significant expansion of the biotech, med research and clinical care precinct surrounding Monash University/Clayton.
Massive redevelopment will go hand in hand with the first spur of that line, plus be very convenient for workers and students living along a different axis than city to Clayton.
So why were you complaining about it targeting productive people?Nothing , and vacant properties deteriorate over time which costs money to fix.
Oh no they'll stop banking land and holding properties they don't need.I was referring to extra taxes investors will pay. They may decide to invest interstate were the returns would be better.
Problem I see with Jacinta is that she is cut from the same mould as Andrews, every idea, every statement, every plan is something that Andrews would say and/or do. Victoria need new ideas.
Or they just don’t invest in propertyNothing , and vacant properties deteriorate over time which costs money to fix.
I was referring to extra taxes investors will pay. They may decide to invest interstate were the returns would be better.
Hmmm average house price in Melbourne $938,000 (June 2023)Or they just don’t invest in property
And sell existing property to an owner occupier
An ALP government (without Dan) is fine by me. I'd vote ALP if a state election was held today.Nice to see the truly broken souls ravaged by Dan in here lol, get used to it guys. The 'alternative' won't be in power for generations
No one has yet been able to explain how less investors will negatively impact housing supply.Hmmm average house price in Melbourne $938,000 (June 2023)
The effect of this new tax, it might shake the tree of shallow pocket investors. It might cause a blip in housing stock availability.
Long term it will have a negative effect on housing supply, because the investors are looking interstate.
I heard the same.I would dispute that. 50 years ago people wanted to live in the suburbs which were brand new, not that far from the city that it was not manageable and the inner suburbs were seen as rat infested ghettos (my nan actually said that once).
50km away from the city isn't what it used to be with our vastly improved freeway network. The city is far more easily accessible from Melton and Pakenham than it was 20 years ago.Now the new suburbs are literally 40-50k from the city, they themselves are qhettos within 20 years and there is zero density of infrastructure.
What's your solution?In addition to this we are increasingly sacrificing good farmland which is becoming a huge problem the world over as we need more food, not less.
Sprawl has never worked anywhere yet and it will not work in Melbourne.
Landlords will pass on the cost to renters.Hmmm average house price in Melbourne $938,000 (June 2023)
The effect of this new tax, it might shake the tree of shallow pocket investors. It might cause a blip in housing stock availability.
Long term it will have a negative effect on housing supply, because the investors are looking interstate.
Yes they will.Landlords will pass on the cost to renters.
Haussmann Paris, NYC apartments, Barcelona, pretty much any euro apartment set up.What's your solution?