Waiting for a policy response to address the property crisis is like waiting for hell to freeze over.
@thegerald87339 ай бұрын
And this kind of policy change sometimes requires a little extra pressure, and actions like this? Really effective form of peaceful protest, puts pressure on the system.
@sl24629 ай бұрын
@@thegerald8733 another 20 years and you might be right. Nothing will happen until the people make it clear to politicians that the current approach of stimulating demand will never fix the underlying issue. Also building supply will take about 10 years before we see any benefits. The situation could be fixed within a year or two if they tackled the demand side of the equation but politicians will never willfully propose this because the corporations they work for don't want things to change. Also the media is largely for property price rises because they own stakes in these real estate corporations so they are only too happy to brainwash Australians with endless FOMO on the property market.
@morganoox38389 ай бұрын
Well, people are getting desperate. Be thankful they haven't got out the torches and pitchforks yet.
@Dakar-c3f9 ай бұрын
They will ...a Communist Oz is on the rise , wait it's already owned by CCP
@Katie29869 ай бұрын
Exactly! 😈
@tobiastobias24195 ай бұрын
Yes, indeed. The naive boomers don't even understand what social unrest can lead to
@alyssaoconnor6 ай бұрын
The extreme homelessness in the 1940’s was only dealt with because of squatting, it was the only thing (disgustingly) that forced the government to introduce meaningful policy. At the time all government was interested in doing was handing over large sums of money to the private building industry which was a massive failure.
@wwav99219 ай бұрын
of course he's not the government... he's helpful and answers questions honestly lol
@MKSouthernStar9 ай бұрын
How bout we start taxing coal and gas companies more than 1% and address our health ans housing crisis. Its basic ROI to have healthy housed tax payer.
@JamielDeAbrew9 ай бұрын
Personally I love the idea of increasing taxes on natural resources. That said, Australia does need to be careful about what it would do with the tax revenue. Look up the term “Dutch disease”. Basically, it would be better for Australia to invest natural resource tax revenue overseas than in Australia. As an example, Norway’s natural resource taxes are put into a sovereign wealth fund. This fund invests in foreign companies outside of Norway. This prevents “Dutch disease”. And it has the additional benefit of giving Norway voting rights in many foreign companies. I agree that Australia has a housing crisis that needs to be fixed. Personally I think many things are needed to fix it. With the specific issue in this video, an high empty property tax would help. Owners would have to either: * rent (or renovate and then rent) * sell * move into the property
@JL-wf2wp9 ай бұрын
@@JamielDeAbrewthe path to socialism
@edwardness74979 ай бұрын
you can appreciate this interview, that the presenters didn't have a decent argument against him, and any argument they thought they had, demonstrated their disconnect with the situation...
@melbman438 ай бұрын
No augment, he's a typical socialist leftie.
@erynkrieger12798 ай бұрын
Absolutely! Calling people commies!??? Go back to the 1950s!
@lprice55838 ай бұрын
When a person buys something they get to do with it as they want. This guy should not have any standing to tell other people what to do with their money or property. How would you like it if I walked into your house and made myself a sandwich because the ingredients were just sitting in your kitchen unused at that moment.
@edwardness74978 ай бұрын
@@lprice5583 I assume if u walked into my house and no one had lived in for 10 years and there were ingredients on the bench, I would strongly advise against eating them... seriously long term empty homes are a scourge on the system... would be curious of the council rates on long term empty homes, are they the same
@lprice55838 ай бұрын
@edwardness7497 the rates depend on the location. Some places charge more for buildings that are unoccupied. It really sucks if you bought a run-down house and need to save up money for a year or two to fix it up. Not everyone who owns a house is rich. It REALLY sucks when some A-hole moves in and wrecks the place while you are saving up your money to fix the place up. Explain that on to your pregnant wife who was expecting to move into the new house.
@Dan-jt9ji9 ай бұрын
The entitlement of the wealthy is next level. Maybe we need to overhaul the system to get these privileged wealthy to actually physically contribute.
@Kochofication9 ай бұрын
entitlement of ideological nutters like this is astounding too. Why would you platform this guy.
@sonjakozman16999 ай бұрын
The entitlement of people who want to take from others is amazing. And this justification that anyone who is a landlord is somehow falsely entitled is absolute garbage
@Dakar-c3f9 ай бұрын
@sonjakozman1699 not just a landlord , a feudal landlord and CCP landlord
@thesorrow888 ай бұрын
spoken like a true boomer or a kid from a rich family without a clue @@sonjakozman1699
@Gruntld9 ай бұрын
I approve of what this guy is doing because, while everyone else has their head us their arses, he is getting the ball rolling. Not the final solution, of course, but forcing the issue. Lets see how many fanciy vacant investment houses get added to the list.
@SteveInQLD0079 ай бұрын
100% agree. Better to have people in there than outside in the cold and rain
@xs32829 ай бұрын
You obviously have not thought this through fella, imagine the scenes when owners find squatters in their homes….violence….people will get hurt,……this is a foolish and dangerous endeavour and possibly even criminal.
@Gruntld9 ай бұрын
@@xs3282 squatters have existed before in Australia. Yes , the risk of violence is there but there are assault laws and many cameras these days. Like I said, it’s a starting point. I feel that vacant investment houses (especially foreign owned) should be limited.
@sonjakozman16999 ай бұрын
Saying final solution is anti semetic
@SteveInQLD0079 ай бұрын
@@xs3282 possibly but will deal with that when the time comes but for now, people need proper shelter from the elements. No-one has come up with practical solutions on what CAN be done but can tell you a hundred things of what CAN'T be done...
@katemarshall58559 ай бұрын
A property on cottage lane Hackham in Adelaide has been empty for the past two years and is boarded up. It's shameful.
@AllThatKazz6 ай бұрын
Who are these creeps. Jordan you'll never get through to these rotten people...and anyone who watches The Project are not really interesting.
@ZootZinBootZ9 ай бұрын
Negative gearing and the resulting house hoarding for tax benefits made this possible.
@petefooter9 ай бұрын
nope
@JamielDeAbrew9 ай бұрын
@@petefooterwhy nope? If someone purchased an investment property outright, they would be able to get a loan to renovate the property before putting the property back on the rental market. It appears that some prefer to hold a property while the land value increases. The owner can negatively gear the council rates and taxes. And re-sell to make money from the increase in land value. A national empty property tax is the answer.
@jackreaper28909 ай бұрын
You can only negatively gear if the property is making an income (i.e rented out). Hence a vacant property can't be used for negative gearing.
@JamielDeAbrew9 ай бұрын
@@jackreaper2890 interesting. I did a Google search and found… “While investors can lower their rental prices for negative gearing purposes, a property may also remain vacant. An investment cannot be left vacant by choice if you want to claim negative gearing benefits, but if you genuinely can’t find a tenant, all your expenses will go towards a tax deduction. In the eyes of some, negative gearing is a property investment strategy that contributes to a much larger problem. Investors are protected if they can’t find a tenant, but vacant properties still result in less supply, which may result in higher house prices for buyers and greater rental expenses for tenants. “ And “What happens if the owners can’t find tenants? If the property was standing empty when the owner had it listed with a real estate agent in search of a tenant, then all the expenses would allow for a tax deduction. For example; If a property was situated next door to a new residential development, thus being unable to attract tenants, the owners would still be able to claim a deduction even though the property was vacant. From the ATO’s point of view, investors are in business to make a profit from property - either directly from the rental income or when the property sells for a profit, so it pays to know when you can & can’t claim a deduction.”
@headswillroll899 ай бұрын
@@jackreaper2890 if the house sits empty except for holiday or weekend rentals for airbnb the negative gearing works better.
@SteveInQLD0079 ай бұрын
*If I was homeless and needed a roof over my head, especially with a partner and kids involved and we're sleeping in a tent, I'm definitely moving into a vacant house. Remember, a lot of people can AFFORD to pay rent but can't get in due to high demand and over the top rental prices for rubbish properties. Don't care what others think or say, my FIRST priority is to my family and everyone else comes next... besides, if the owner had half a brain, the property would be already tenanted and wouldn't be vacant in the first place...so while all the politicians (who put the country in this position in the first place, I might add), run around and work out how to fix their stuff ups, me and my family will have a roof over our heads... and I'd say we'd have one for a while at the speed anything gets done through local and state Government! Lol*
@MidnightSun-j1u9 ай бұрын
You will be eventually arrested unfortunately sorry 😞
@iriya32279 ай бұрын
These houses probably need to be rebuilt to be suitable to rent out. More worth to just let the land value rise than spend money rebuilding a home to rent out. The investment returns come from land value rises anyways mostly not rent yields. It's just land banking with extra steps.
@grahamkelsey86879 ай бұрын
If your first priority was your family you’d never be homeless in the first place savvy
@JamielDeAbrew9 ай бұрын
@@grahamkelsey8687have you heard about the NAIRU? You can read about it on the Australian Reserve Bank’s official website. Essentially some unemployment is kept in the economy to put downward pressure on inflation. This means that the concept of unemployed people being lazy is a bit of a myth. Of course we should aim for a lower rate of Non-Accelerating Inflation Rate of Unemployment.
@grahamkelsey86879 ай бұрын
@@JamielDeAbrewI don’t disagree. All of the state of the country is looking where we fell rather then looking where we tripped. MMT, debt based money it’s all going and always was going to end badly….. In the end though one shouldn’t always blame the government nor expect the government to have all the solutions. It’s no the government that’s asleep at the wheel it’s the people!
@caterinacaruso9147 ай бұрын
I constantly make houses like these known to homeless. Gov wants to cash in on everything while families struggle. Look out for changes in adverse possession
@danrowlands37059 ай бұрын
Thank you The Project for allowing comments for us to voice our views and opinions... unlike almost all major news networks in Australia that dont allow comments on important stories , discussions and topics in doing so they try to dictate the narrative. There should be a law News Media must allow comments on all uploads
@romanski58119 ай бұрын
Well, there is an argument to be made of far right trolls flooding the comments and spreading their hateful views, giving a disproportionate impression, thus furthering the far right agenda. But in general, I agree, people should be able to combat those trolls and their bigoted views on human rights (especially of minorities).
@erynkrieger12798 ай бұрын
These anchors would rather have people struggling to live in the woods than in empty houses.
@erynkrieger12798 ай бұрын
Good for him! Rich people are starving the rest of the world! Empty houses serve no purpose and are a symptom of a society that has no perspective or compassion.
@Whoever689 ай бұрын
If the rules were changed around negative gearing and the number of investment properties people were able to have, it would go some way to resolving the problem. Why should tax payers pay for someone to own three, four, ten, fifteen or twenty investment properties. If negative gearing could only apply to two investment properties per owner, and after that negative gearing does not apply, that would make it much fairer to those that want to buy a property to live in. Also increase stamp duty for investment properties from three percent to ten percent. Use the extra stamp duty to go towards more social housing.
@multioptioned9 ай бұрын
Priority should always be given to people buying a house to live in not buying as an investment.
@littleonekat7 ай бұрын
Sad to see that the anchors focused on the squatters ( the homeless) as the issue rather than the actual issue of the housing crisis, high cost of rental properties and shortage of housing. Go purplepingers ! You are doing great work!
@JimP-tc7gg8 ай бұрын
not all heroes where capes
@robertcoll68249 ай бұрын
Steve obviously owns a ton of investment property and like most boomers, has no clue as to what is happening for the rest of the community.
@slavbrav699 ай бұрын
Yeah and when are you gonna open.up your house to help ??????
@PyroChimp759 ай бұрын
@@slavbrav69 His home hasn't been vacant for a number of years, the topic is about vacant homes that can be put to good use. Please stay on topic.
@glendajohnson71248 ай бұрын
You have no idea what you are talking about. Most investment property is owned by large CORPORATIONS not boomers. Y'all still don't get it
@thesorrow888 ай бұрын
@@slavbrav69you clearly have zero ability to think critically
@multioptioned9 ай бұрын
Imagine if a government or opposition went to an election proposing scrapping negative gearing, introducing vacant property taxes and scrapping franking credits refunds rorts which cost more than $5 billion a year in lost revenue? 😂
@Ritzer1689 ай бұрын
You know what, about 2 of the 3 you mentioned were proposed under Bill Shorten under the 2019 election.... And they lost.
@svltches44779 ай бұрын
7 billion people and the world is built for the top 1% its time to change
@sonjakozman16999 ай бұрын
Which political party are you supporting?
@AllThatKazz6 ай бұрын
eww The Project is gross
@retyroni9 ай бұрын
Most of those houses look like the owner probably went to a nursing home.
@fatbot09 ай бұрын
Then why aren't they sold?
@JhovarMorrison9 ай бұрын
@@fatbot0needs to be sold by families which can take months if they need legal access to mom/dads finances
@fatbot09 ай бұрын
@@JhovarMorrison yet Jordan in this video is discussing properties which have been unoccupied for more than two years. Sounds like your months is a completely fabricated excuse with no basis in reality.
@je76479 ай бұрын
They are houses owned by overseas investors
@je76479 ай бұрын
The housing market in aus is highest bidder international investors
@Anonymous-dx9gi9 ай бұрын
It's a need, not a investment. Your money should be invested in productive assets.
@poor_impulsive3 ай бұрын
good people disobey bad laws. acid reign
@josephbeckett28689 ай бұрын
Not all heroes wear capes.
@MKSouthernStar9 ай бұрын
I visited a coastal town in NSW during a snap lockdown and found the whole town empty. Thousands of home in prime real estate vacant.
@JamielDeAbrew9 ай бұрын
A national empty property tax would reduce this efficient use of land, materials and labour (that made the buildings. It’s even an inefficient use of public infrastructure to the buildings eg roads, pipes, wires
@j.dunlop82958 ай бұрын
Greedy rich, are the Crux of the housing shortages! USA and Oz!
@j.dunlop82958 ай бұрын
moniker Purple Pingers, Mr van den Berg , excellent dude!
@spinksy98 ай бұрын
Another embarrassing display from the project hosts.
@jazazzaza9 ай бұрын
What a legend
@mcbain11319 ай бұрын
It was also 10% last census.
@tamk90889 ай бұрын
Great work. The small purchasing class screwing us all over will eventually wake up. Societal collapse will ensure if the status quo remains
@tomwatson91789 ай бұрын
There's obviously a bit of kicking the can down the road in Steve Price's response at @7:22 , but just getting Price to admit that there are too many vacant homes in Australia, and some kind of government action needs to be taken, is pretty impressive. This was a really well handled interview, sticking to a consistent, undeniable message despite some relatively hostile questioning.
@tomwatson91789 ай бұрын
Also loving the comments section here. Feels like a lot of people who might not have been following Jordan's work for a while but have been won over on this issue by this interview. Keep up the good work mate.
@queenofthebutterflies52129 ай бұрын
Our a new Robin Hood!
@jesjes52559 ай бұрын
elephant in the room is the generous tax concessions (CGT and negative gearing). Folks who have 3, 4, 5...20 properties taking advantage of tax breaks. Oh wait, Bill Shorten wanted to fix that but the Australian voters said NO. Very easy to blame foreign ownership, but there are very prohibitive laws against foreign ownership of Aust properties. Established properties cant be bought by non residents. They can only buy new build (generally units) but there's a really hefty duty attached. Not to mention FIRB regulations.
@michaelandrews47839 ай бұрын
Welfare for the RICH
@JamielDeAbrew9 ай бұрын
Negative gearing and CGT concession changes are definitely needed. We also do need a strong national empty property tax on both residential and commercial property.
@KristovMars7 ай бұрын
Comrade.
@SarahSarah-wp8fo6 ай бұрын
Home next door to me was empty with owners living in china until this law came out 5 year’s empty this law came out a young couple purchased it
@larahades1519 ай бұрын
Better than being in the bush. If it’s obviously vacant and obviously unused then yeah. So many of these places are owned by foreign investors…. So why not.
@caterinacaruso9147 ай бұрын
I'd love to meet with you Jordan
@caterinacaruso9147 ай бұрын
Well done Jordan
@bign16679 ай бұрын
Bloody Legend!! Screw the greedy lazy rich hoarding properties.
@MidnightSun-j1u9 ай бұрын
You will be eventually arrested unfortunately sorry 😞
@pronumeral14469 ай бұрын
@@MidnightSun-j1u But you will have a roof over your head. Definitely worth it, if you are homeless.
@fcukugimmeausername9 ай бұрын
@@pronumeral1446 Yeah, while you're in jail 🤣Get a job and save for a house, like every other generation.
@EL200789 ай бұрын
Get a job you bum
@sonjakozman16999 ай бұрын
Start with the government and corporate donations, when that stops you will see the government has to regulate in favour of the public, not the donors
@lllchironexlll9 ай бұрын
Im all for capitalism and im also all for everyone needing a home. I reckon if a home is vancant for 6 months or more without a valid reason, then a landlord should be forced to sell.
@sonjakozman16999 ай бұрын
Yeah, more governments intervention to solve a problem caused by government intervention! Good call
@CochinKerala9 ай бұрын
Your comment makes you a perfect communist.
@dustingoldsworthy73039 ай бұрын
If youve got the right to own an investment house in Australia. You should be obligated to rent it to an Australian. If not buy shares and leave housing for people who actually need a roof not extra $$$
@sonjakozman16999 ай бұрын
Did you ever stop and question whether all the taxes on us poor people is actually helpful or necessary?
@JacquelineGriggs-wv3oj3 ай бұрын
I recall watching an English program where the owners of vacant homes were contacted by the council after a property sat derelict for a period of time and they were given no choice but to sell it on to be renovated and occupied or to renovate and have it occupied themselves I thought this was a great idea
@MaxsSeveredHead9 ай бұрын
What a top bloke. Actual Aussie.
@Ravioligreen180b9 ай бұрын
This happened during the GFC. Im happy this guy is making a protest to the government and the privledged. Change ppolicy now!!! Before the next election
@capmarketer50389 ай бұрын
Rockingham near Perth..Liike 300 homes with 3 lights on after Easter...They're not serious about fixing housing
@JamielDeAbrew9 ай бұрын
Leaving lights on ads to electricity demand. Higher demand without higher supply increases prices. What a waste of natural resources to power those lights. We need a national empty property tax
@LauraMoyaLocalMortgageBroker9 ай бұрын
I wonder if the vacant property tax will deter people who have vacant properties to make them available to rent or sell them 🤔. There’s also Foreign Investment Review Board looking at tripling the fees. Stamp duty loading is apparent for foreigners buying property in Victoria. Jordan Van Den Berg definitely has raised more awareness about this hot topic.
@mdancey19.379 ай бұрын
Pretty sure most states have some form of tax around vacant property..
@NullNull-mw1ps7 ай бұрын
Yep the aus government is complacent and enjoying their jobs....love social media for raising awareness on issues.
@27jezus8 ай бұрын
I am not using my car please take it..but pay the insurance for me as well.🤪
@joelG12729 ай бұрын
By the way, housing affordability is a major problem in almost every western country. All of those countries have out of control immigration.
@multioptioned9 ай бұрын
Housing affordability problem in Australia mostly self created by only developing 2 cities. 40% of total population living in 2 cities in a country the size of Australia! Develop regional areas that actually want more people.
@joelG12729 ай бұрын
@@multioptioned Look around the world and you will see the same problem. There are more than 2 cities in Australia, they are all experiencing the same problem. House affordability is spreading to regional areas. Out-of-control immigration is a Ponzi scheme.
@charliekgorden43909 ай бұрын
Immigration is not the cause of a housing crisis.
@Aelda699 ай бұрын
@@charliekgorden4390 Well it doesn't help, now does it? Immigrants are approved for housing in a flash, while White Aussies have to jump through hoops that are in orbit just to inspect the property.
@joelG12729 ай бұрын
@@charliekgorden4390 It is a contributing factor. This is widely accepted fact.
@Victoria-fh6hq9 ай бұрын
You’re doing the lords work Purple pingers 💜
@AitchJay9 ай бұрын
Good stuff Jordan, more power to you!
@traceyholt82239 ай бұрын
Some of those houses look like they should be condemned. Perhaps that is why they are vacant. They can't be rented out because they don't pass the housing codes but perhaps the landlord/owners can't afford to repair them or bulldoze them.
@mindy563749 ай бұрын
Should give you a clue of how desperate some people are, huh??
@SteveInQLD0079 ай бұрын
Then sell them. They'd make a fortune...otherwise its costing them to hold...
@MidnightSun-j1u9 ай бұрын
❤exactly my thoughts
@iriya32279 ай бұрын
@@SteveInQLD007 Not really costing them, land value increases a fair bit each year by doing absoltuely nothing.
@mindy563749 ай бұрын
@@SteveInQLD007 Exactly. Sell to the government. They should be buying up stock like this to renovate or knock down and create low cost housing NOW.
@68dgmitch23 күн бұрын
This guy sums up everything wrong with this country
@pearse91169 ай бұрын
Absolutely based
@MTB4loamer7 ай бұрын
Nice work ,id alwayz prefer the sfreet
@JacobElliott-r4n9 ай бұрын
If they are abandoned because of black mold, or structural issues or broken fibro is that looked into?
@JamielDeAbrew9 ай бұрын
What’s needed is a very strong empty property tax. This way the owners have to either: * rent (or renovate if needed, or rebuild if needed) * sell This tax would lead to the eventual sale to someone who would fix issues like black mould, etc… (Be it via a renovation or a re-build)
@--Nath--9 ай бұрын
Sounds like a typical rental then.. so what's the issue?
@JacobElliott-r4n9 ай бұрын
@@JamielDeAbrew yeah and money just falls from the sky!!!
@JamielDeAbrew9 ай бұрын
@@JacobElliott-r4n let’s say a property needs to be renovated or re-built. If the owner can’t afford to do it, they should sell. If hardly anyone can afford to do it, then many will sell. An increase in sellers and a decrease in buyers will reduce the sales price. A reduction in the purchase price will give new buyers more money left over to afford to renovate or re-build. Money to pay rent doesn’t fall from the sky either. An empty property tax will increase rental supply.
@daus60359 ай бұрын
Well done keep exposing them people living in tents while property sits empty ! And apparently shortage of housing
@maggiecraigie81149 ай бұрын
Good on him.
@kylierhodes34303 ай бұрын
What's his website??
@scokim9 ай бұрын
LOL. This is what happened when communism took over Vietnam in 1975. The local authorities went around counting the number of empty bedrooms in your house.
@JamielDeAbrew9 ай бұрын
Basic economics is about maximising efficiency of land, materials and labour. (And also maximising productivity) Empty houses is a waste of land at a minimum. If the building is liveable, it’s a waste of the materials and labour that build the building. I’m not saying that communism is the solution. It’s obviously not. But either way, we shouldn’t let ideology on “communism” or “capitalism” distract from economic basics.
@ttbr76879 ай бұрын
Good
@JamielDeAbrew9 ай бұрын
@@xx-vw9ep great question re: “we”. (Genuinely not sarcastically). I guess I used an open term to maximise relevance to the audience - to be more inclusive. I’d be happy if “we” being * Australian citizens * viewers on the comments section I see the solution as an empty property tax. The tax should be high enough that it essentially forces owners to either: * live in the property * rent the property (or renovate/re-build and then rent) * sell the property Potential buyers would know of the existence of such a tax. So they would only buy the property if they were prepared to do one of the above things. This tax would lead to increased efficiency of land use. The tax would increase efficiency of use of all the materials in the building. And of the labour used to create the building. The tax would also increase the efficiency of public assets around the property eg roads, wires, pipes etc… Then thinking of “growing the pie”, everyone shares some responsibility. It is important that the pie does grow. Otherwise people will focus on the division of the pie. Individual’s are responsible with every purchase that they make. Likewise with business and government. Citizens of democracies are responsible for their votes. Shareholders are responsible for their votes and influence on companies that they own. Employees are responsible for their actions. Ownership of anything is theoretically possible but only practically possible if it’s respected. I don’t say this as a threat, but as someone who saw the steeling of music become a social norm back in the days as Napster and limewire. Property owners (who want to remain owners) must keep the majority on their side. An empty property tax would be a smart move from owners (of occupied properties) to help to maintain their ownership. The percentage of people renting in Australia is growing. Owners should be careful that this percentage doesn’t grow too high. Even in Australia, if one doesn’t pay their rates, eventually their house will be ceased.
@JamielDeAbrew9 ай бұрын
@@xx-vw9ep police, jails and military are funded by taxpayers. Any plan to reduce those costs to taxpayers? Or do you support higher taxes?
@7headed1Ай бұрын
7:30 but isnt a "lockdown night" the perfect night to conduct a housing vancancy survey?
@deeniedwyer49989 ай бұрын
Love this, straight from the heart of republican country in the US
@poor_impulsive3 ай бұрын
wheres the list at? Canberra? need a house ASAP
@pokemon70407 ай бұрын
Does “Blue Magic” have any vacant rooms in the house he owns? Anyone know his address? Asking for some other people.
@hardpunk101013 ай бұрын
Most of these houses would need significant work to bring back to standard under rental laws for example in Vic. Just putting them on the rental market isn't an easy option. I was taking to someone recently who has a vacant house that they used to have as a rental, but previous tenants did 20k of damages to it. So now they are just holding it unoccupied for capital gains value.
@tsmspace9 ай бұрын
it appears that most of the houses shown in the images are vacant because they were not able to be approved for occupancy. If a house has a broken foundation and might have parts of it collapse, or otherwise does not meet code, then it's not legal to rent it out, and in some cases it's not legal to live in it at all, depending on the severity of the code violation. Haiti is a great example of when everyone just lives in buildings that don't meet code, there is one disaster and 100,000 people die at once, because their homes are not properly to code. If the property owner can't afford to fix a property so that it passes inspection, this is the primary source of these problems. I don't know but it seems to me that for the most part, almost all of these properties could be addressed by enforcing existing laws, that would have resulted in these properties having been seized shortly after they were unable to meet standards, because these kinds of laws usually already exist. The problem is not greedy investors hogging all the houses, it's the people who should be following up on code violations overlooking when someone would rather just abandon the house illegally.
@68dgmitch23 күн бұрын
This guy sums up everything wrong with this countr
@TonyMezaXD9 ай бұрын
I’m American and I support this guy. We have too many homeless people, too many vacant houses, and too many greedy investors. Investments are supposed to risks. If a property owner is scared of losing his investment, do something with that property!
@NullNull-mw1ps7 ай бұрын
Exactly
@inwalters8 ай бұрын
I hope people will question how does a corporation show up in person and ask someone to leave? I guess everyone who owns any interest in the corporation would have to show up at the same time and ask them to leave. And of course if you had your headphones on, you might not hear them ask you to leave.
@caseous699 ай бұрын
It’s not his asset to redistribute. He has no idea what some of us had to sacrifice for what we have. Forget the law - morally, what he’s doing is facilitating theft.
@fcukugimmeausername9 ай бұрын
Yep. He is organising theft and break and enter. Honestly, the police should be notified here.
@drewp.weiner57089 ай бұрын
Viewing houses as “assets” is exactly what got this country into this situation in the first place. If anything what he’s doing is more moral than the rich buying multiple investment properties that they don’t even live in for years at a time. Especially when they could instead be used to give the poor protection from the elements and a place to stay, which is a basic human right. The homeless sacrifice more than you EVER have. Get some perspective.
@caseous699 ай бұрын
@@drewp.weiner5708 so by that logic, if I don’t like the way that you wear your jacket - it’s morally fine for me to rip it off your back. Or, if I don’t like your comments, I can just take your phone from you (hell, I’ll even give it to a homeless person if it makes it better). One of the fundamental sets of rights in a liberal democracy are property rights - it’s even written into the Victorian Charter of Human Rights and Responsibilities. Just because you don’t agree with how someone uses their property - it doesn’t give you the right to redistribute it.
@TheHauntedKiwi9 ай бұрын
Won't someone think about the yacht club members and billionaires?
@caseous699 ай бұрын
This sort of stuff doesn’t affect billionaires. You’re hitting the upper middle class who spent the last several decades working their arses off to build a life for themselves.
@vivrowe27637 ай бұрын
He is missing the point why we have a housing crisis completely, it's immigrants being able to pay more money for rent and to buy. He also doesn't understand when someone dies things take time these days, because everything is held up because of so many deaths, which won't happen to this panel as they are not vaxed.
@JamielDeAbrew9 ай бұрын
A national empty property tax. The tax needs to be strong enough to tax AirBnBs, hotels, motels and holiday homes. If they need to lease at a loss on low demand days, so be it. If the high demand days don’t cover the loss, it will lead to the properties being switched to long term rentals (or sold to homebuyers or other investors). If someone can’t afford to promptly renovate a home in order to put the home back on the rental market, then the empty property tax should essentially force the sale of the property.
@vernonwhite46607 ай бұрын
Every time I see a person speaking in Parliament
@larahades1519 ай бұрын
No way would any of these law makes change it. Most of them have several properties on their lists
@multioptioned9 ай бұрын
So have television show hosts.
@Grooty799 ай бұрын
This guy's a legend , I back this very Aussie way to help other Aussies , he is showing a major fault in our housing sector, I like the idea of forced sales of decrepit and abandoned homes
@Aelda699 ай бұрын
The guy is a pretentious sack who has never worked a day in his life, and it shows. Commies make the best tree decorations...
@Jeddykin9 ай бұрын
a lot of the houses shown look like they need major work.. maybe that's why no ones living in them?
@donaldwayne42199 ай бұрын
I need a car. Can you find some houses with cars in them that no one is using. I can't afford to upgrade my broken down old car, so maybe I can take one of those, thanks
@shellewallis9 ай бұрын
There’s a few in our area and they have been there for many years.
@dustingoldsworthy73039 ай бұрын
On you pingers!
@AllThatKazz6 ай бұрын
Wow...not MSM spreading hate.
@edwardness74979 ай бұрын
contradicting a statement with an anecdote doesn't make it fact Price... not walking down the right streets perhaps...
@mrsm3829 ай бұрын
Where is the mistake?
@iknowright1409 ай бұрын
You just assuming that these houses are vacant because rich people are hoarding land and houses, but you don’t know that individuals circumstance of why that house is vacant, you could be messing up the house and life of someone who is really hard-working and is going through a hard time and just can’t happen to live at that location right now. Don’t be putting peoples addresses out like that.
@OGMillwood9 ай бұрын
If that's the case, the owner can simply ask the squatters to leave. Prioritising the feelings of property owners over the lived reality of homelessness is part of the disease, not the cure.
@arclux9 ай бұрын
A friend of ours had a squatter problem but instead of going to the police he got the local BG to run them out. Cheaper & easier.
@nickcoppard53359 ай бұрын
Squatters should have NO rights
@traceyholt82239 ай бұрын
Many look like they shouldn't be lived in due to damage etc. Perhaps the owners can't afford to fix them up?
@traceyholt82239 ай бұрын
@@OGMillwood These houses look like they should be condemned or not passing the housing codes to live in. What happens if the roof caves in on a squatter. Those houses should not be rented out to tenants!
@svltches44779 ай бұрын
So much respect for this guy keep doing what you do!
@ozychk219 ай бұрын
Squatting has a fine history in Australia it’s exactly what the British did on Aboriginal land 😂😂🤷♀️
@sia.b61849 ай бұрын
Bro is just driving home a point, do something quick at the gov level or deal with a bigger issue with people squatting and living in vacant properties which would clog up legal, police and council resources (specially since it isnt illegal) lol .. its really that simple, you can tell he is talking about it with some humor even though he is deadly serious about telling people to do it to make it a point. It's a masterful play, the hosts taking it super seriously just cracking me up.
@bradcarter92019 ай бұрын
It's not people who put themselves in debt and worked hard to own rentals who are to blame (I don't own a rental btw). It's government policy. Immigration is off the charts. Negative gearing. Interest rates and taxes are killing builders country wide.
@zappy73939 ай бұрын
People power doing something when the Government wont...what a surprise. Love to how the presenters continued the conversation once Jordan was dismissed from the conversation. Meanwhile these presenters do nothing but complain.
@djseamusSydneyAus9 ай бұрын
You are encouraging illegal activity and criminal behaviour rather than speaking with the owners and arranging, if possible, a place for people that need it. But this illegal behaviour he is encouraging needs to stop. 1. It is not your hard earned money that bought these properties. 2. Those people could be living overseas and not be there for a couple of years because the move from place to place and their property is generational. 3. Your system is to take away the rights of others who you abuse and take through immoral methods people's properties in an inappropriate way. Pull your head in mate and stop your subversion of peoples freedom to do what they like with their resources. This is not a socialist, communist country. Also, about America killing people and putting them on the streets, it is the left that are the warmongers currently and also the ones that have policies that are causing people to live in poverty sue to their polities so maybe stop your leftist socialist Marxist mentality and support or run as a politician to introduce some decent policies so we can lift people out of poverty. Following this socialist behaviour of what is yours should be mine and sharing peoples wealth of hard working people and giving it to people that haven't worked hard for it has never worked and there are 200 million dead people in history and continuing today to prove it in Communists socialist countries around the world. The left has decimated the US and other countries globally. Personally I would be renting a property I am not using because it provides income. I think it is fine to identify these properties and speak to the owners as to how best utilise these resources. I just think the way he is doing it is misguided and an illegal and immoral way to do it. The government is starting to address properties that are vacant but just walking in and doing this randomly is a criminal act. Try providing a legal way of doing this not pushing criminal activity which might encourage illegal behaviour in others especially with properties that are locked up. How about we stop people from overseas from coming in and buying property. I had this same issue 20 years ago and was pushed out of the auction proce range at the time. Allowing Chinese and other people to come in and buy our properties giving them the ability to cast out struggling aussies from the market. Also lets get rid of negative gearing but that wont happen because the politicians and others who have influence like the housing minister have multiple investment properties. The prime minister is ine of them so do you think he is going to allow the removal of negative gearing? There are other ways that need to be pursued to fix this issue.
@baits93019 ай бұрын
squatters right , how in the world can squatters have rights LOL . Private property is private . They worked for them . Mass migration is the problem , pushing prices through the roof . There shouldn,t be empty homes ,but encouraging trespass , vandalising , break and enter . They'll become greater criminals in my view . Imagine having a holiday home , and squatters have a right to help themselves in .
@thegerald87339 ай бұрын
I don't know about you, but I think someone's right to live in safety is more important than someone else's right to own multiple properties. One of these things is a matter of survival, the other is not. What would YOU do if your survival was on the line? If it was -10C outside, and you were on the streets, would you care more about private property? Or would you care more about the risk of hypothermia, in that moment?
@ubiquo81332 ай бұрын
Bro is a hero
@FirstNameLastName-fv4eu9 ай бұрын
Thats the correct approach !!! lets take 2 yrs to ask council to get the data, 1 yr to analze then decide if we are free on What to do.
@edwardness74979 ай бұрын
Wonder if Price would say the same thing while he is commentating for Sky...
@paulsheather76579 ай бұрын
I the project had its LNP spokesperson there tonight.
@sonjakozman16999 ай бұрын
Would you prefer an ALP spokesperson?
@paulsheather76579 ай бұрын
@@sonjakozman1699 No I would prefer a Journalist.
@sonjakozman16999 ай бұрын
@@paulsheather7657 not sure what you expected from The Project.
@michealcamilleri97029 ай бұрын
Blame Labor
@Liz-wz8dh9 ай бұрын
We need more activists.
@sonjakozman16999 ай бұрын
We need smaller, less wasteful government, that would solve a lot of these wealth inequality issues
@Indepthparanormal8 ай бұрын
Stealing is stealing if your not welcome or invited