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Not sure that the property holdings of particular MPs is relevant. It would be if they sought to advance policies that would benefit those holdings but remember that one of the policies Labor took to the previous election was getting rid of the negative gearing deduction. In that sense, they were acting contrary to self-interest (although we don't know whether they claimed that deduction) and in the public interest.
In any event, the idea that it would be in the public interest for individuals to limit themselves to owning just 1 house is a bit debateable. Young people also need rental opportunities and that generally requires investors to have 1 or more houses in addition to their own residence. Cut those investors out of the market and you have a rental crisis.
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(05-25-2022, 01:55 AM)Mav date Wrote:Young people also need rental opportunities and that generally requires investors to have 1 or more houses in addition to their own residence. Cut those investors out of the market and you have a rental crisis. Young people are being kicked out of properties for pretty much no good reason at the moment because the great migration is causing suburban rental rates to skyrocket.
We have many friends who are finding their kids forced to move back home after years of living independently, not always because they can't afford it but because they aren't even being considered at all. You can rennovate your rental property, and then let it out to a CBD escapee at twice the normal rate and they'll only impart the odd weekend of wear and tear!
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I think it's very relevant what investments politicians have and how they portray themselves. Albo did reduce one tenants rent during Covid by 25% which was very generous of him, I guess he knew he was getting a pay rise.
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The other pressure on rental stock is the ability to commit investment properties to AirBnB or other short-stay services. Not great for aspiring renters or for neighbours, but it can offer better returns.
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(05-25-2022, 02:21 AM)Mav date Wrote:The other pressure on rental stock is the ability to commit investment properties to AirBnB or other short-stay services. Not great for aspiring renters or for neighbours, but it can offer better returns. Insurance is a killer though, AirBnB is not as lucrative as many suspect especially if you aren't doing the maintenance tasks yourself, and during lockdowns when you weren't allowed to take bookings the insurance fees go through the roof because the property is technically vacant. Plus many councils are now cracking down on who can operate as AirBnB, they want their pound of commercial flesh.
But if you are a single mum or retiree who can swindle a property in the right location and do all the work yourself it can be a nice little earner.
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05-26-2022, 12:00 AM
(This post was last modified: 05-26-2022, 12:04 AM by LP.)
Well anyone who thought Scomo would go quietly is surely reviewing that today, this bloke has turned almost immediately on those replacing him describing Dutton as "a change of curtains".
It doesn't sound like much, but this is basically a tantrum, a case of sour grapes, and it suggests to me the fight has already begun between the fundamentalists and the moderates. So his first step is to tar Dutton with some Scomo filth, brothers in arms!
It shows you just who little Scomo respects both the will of the public and his party, it is clearly all about Scomo, reading between the lines his message is "You are all idiots", "You do not know what is good for you", "I tell you what's good for you" even if I don't do anything about it, it's not my job!
He's just been handed the biggest lesson of his life, and 96hrs later it's all forgotten.
They need to consign this guy to oblivion because it looks to me like he is preparing to burn the house down!
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A burning down might be the best thing for that party.
It usually is after an electoral defeat.
It's a cleansing process.
Get all the factional crap out in the open.
See where folks really stand.
Tanya Plibersek reckons Dutton looks like Voldemort and will scare the kids ;D
She's apologised....but you can't unsee it 
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05-26-2022, 12:14 AM
(This post was last modified: 05-26-2022, 12:16 AM by LP.)
(05-26-2022, 12:08 AM)Lods date Wrote:Get all the factional crap out in the open. But it's the coalition they don't have factions! :o
(05-26-2022, 12:08 AM)Lods date Wrote:Tanya Plibersek reckons Dutton looks like Voldemort and will scare the kids ;D
She's apologised....but you can't unsee it There it is the contradiction of these woke times, they are only woke and considerate in one aspect, internally, if he'd said that or something similar about her they would have called for him to be strung up!
She's basically feeding the fundamentalist right, the ALP should give her the lemonsars before she puts a bigger foot in her mouth! No wonder some of her colleagues couldn't go on, if she blurts that in public imagine what she emits in private!
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Wow, you're being a bit of a snowflake!
You've forgotten the other part of the "What if?". If such a comment had been made by a Liberal, the Liberals would have smirked at any call for disciplinary action and doubled down. I seem to recall that the Liberals laughed off calls for action after "Ditch the Witch!" signs were displayed when Tony Abbott was talking at rallies. Of course, that was just humorous, wasn't it? Although it was more of a single entendre than a double entendre. About the only linguistic dexterity displayed in those signs was using 'witch' rather than 'bitch', although perhaps the former was no more euphemistic. In the end, the voters were the ones who disciplined the LNP by first kicking Abbott out of Wentworth and recently backing the Teal bath.
On the other hand, Plibersek's comment was funny. As Homer would say, it's funny because it's true. And it's not as though she's the only one who has noticed the similarity. If it had just been a sledge about looks, then that would have been worthy of condemnation. But the unspoken part of the comment that his similarity in appearance would scare the children was that their parents should also be scared because he acts like Lord Voldemort. After all, this is the guy who decided for party political purposes to rattle the sabre about Australia needing to prepare for war against China. As the ASIO head said recently, that sort of rhetoric isn't helpful. At least when Howard seized on the Tampa scare campaign, he was picking on a group that couldn't nuke us.
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plibersek .... always been a two faced nobody
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