Government Housing Stoush Explained

[@tubesurfer007]

It's simple, if you don't make rents cheaper there will be more homeless people. If the gov can't understand this concept they shouldn't be in power.

[@zacharybos4230]

If they make them cheaper a large amount of rentals will become airbnbs

[@JamielDeAbrew]

@@zacharybos4230 not necessarily… Australia could have a national vacancy tax that is high enough that it essentially forces hotels, AirBnBs, motels, and holiday homes onto the market every day. High enough that investors would prefer to rent at a loss on low demand days than pay the tax. This would lead to * some investors switching back to long term rental. * some investors selling to first home buyers * increased supply on the market (as measured by room nights). This additional supply won’t be for everyone, but some digital nomads will choose to take advantage. The vacancy tax should also be applied for commercial real estate (offices, warehouses, factories, shopfronts etc…) Long term these vacancy taxes would lead to more efficient land use. Not only would these taxes increase supply in the market at the moment… these taxes would also prevent the opposite problem eg Currently, China has over invested in real estate. There are too many homes compared to people. This is a waste of land labour and materials. Additionally, this has pulled investment away from other areas. If people didn’t invest so much in real estate, they have increased in business or education (improving productivity). A vacancy tax isn’t the sole solution. Stamp duty is a terrible tax as it’s a disincentive to moving eg closer to work. This leads to a tax payers having to spend more on transportation infrastructure. Stamp duty is also a disincentive to downsizing. This reduces the supply of rooms in the market. New property sales should give the buyer a choice between stamp duty or a monthly land tax. Australia also needs to: * reform negative gearing * reform capital gains tax concessions * asset tax the family home for pensioners

[@leonie563]

​@@zacharybos4230Airbnb's can only be rented for 3 months in 12 month period. Leave it vacant for the rest of year and face the vacancy tax and paying the mortgage interest yourself

[@AK-np4rp]

​@@zacharybos4230 No. The Greens want to change legislation to disincentivise houses being used for airbnb instead of long term rental homes.

[@littereverywhere]

Affordable housing is racism.

[@philnorman9425]

Nice position and explanation from the greens spokesman. Labor = smoke and mirrors.

[@SteveShearn]

Bill Shorten's labour had the right idea by keeping negative gearing only for new properties to incentivise new builds not encourage speculators to hold onto existing stock to minimise tax. However Australia voted against it, we wanted aspirational policies. It's like starving people choosing that one person gets a lottery ticket with the hope of winning a thousand meals over having every one getting a meal each.

[@multioptioned]

Good ideas v popular ideas. Guess what wins elections? 😮

[@Rob-fx2dw]

It is a simpletons solution that will fail. No surprise that it was Shorten's idea. People don't all live in new houses. Renters don't all look for new houses to rent. Investors donot hold properties but they rent them out. Investors pay for maintenance and purchases of existing house which relieves the demand for new housing across the board so removing or reducing negative gearing pushes up demand for those newly built houses by reducing the present investment in older houses.

[@SteveShearn]

@@Rob-fx2dw what do you think happens when a renter buys an existing house that use to be rented out and they now live in it as a PPOR? The house they rented and moved out of becomes available to rent and the house they move into becomes their own to do maintenance themselves and have housing stability. Many landlords here don’t maintain houses anyway really they don’t care.

[@Rob-fx2dw]

@@SteveShearn In that case the renter taking possession of the house (PPOR) and is forced to pay tax on their income before that outlay after tax money on costs. The ability to deduct costs is stopped and the tax office gets the net benefit. If you look at the rental situation it means the renters are subsidised because they benefit from being able to rent at cost subsidised by the owner where as the owner cannot deduct costs when the owner is the occupier.

[@SteveShearn]

@@Rob-fx2dw Many renters want housing security and to own their own property. This country doesn't enable that, we're locked out. Housing is used for profit, not for family and community well being. I agree with you however. We should be taxing greedy corporations' massive profits and greedy landlords hoarding properties to get passive income from tenant slaves. Reduce income taxes for people who actually work.

[@bluebagel8084]

I've never liked the Greens but they are 100% correct and they are actually trying to make meaningful changes to the status quo!!

[@matthewmckenzie2240]

Never ever ever let the government to co own part of your house, biggest mistake ever!

[@JamielDeAbrew]

Is it a mistake to let investors co-own? (Be it banks or private investors)

[@tamarawest6203]

Why is this a bad idea?

[@benjaminhill01]

​@@tamarawest6203 Its not a bad idea. Co-owning with the government is better than not owning.But the problem is that it contributes to making houses more expensive because the government is putting more money into housing. Same as how extremely low interest rates gave more access to cash which resulted in sellers putting up the price.

[@antnam4406]

Help to buy is not a good idea, it will drive house prices up like it did in the UK.

[@Sunlitsneeze]

I was mortgage adviser in London and the help to buy is a terrible scheme. People who put down a 5 percent deposit just allows prices to go up. All they want to do is increase your debt.

[@InfinityIsland2203]

That is the point of the scheme. To make houses more expensive

[@StormLord-AOS]

Its getting really hard to see this as not a labor power consolidation for some of their biggest doners. RE agents and property developers. With the greens on this one.

[@stephencollins1568]

AnAl himself is a Socialist multi-millionaire, Rent-Seeking, Real Estate mogul with a Net Worth of $14.7 million and a self-awarded annual salary of $607,500.00, Comrade! And in case you are not aware, he was brought up in a povertyu-stricken two-storey Council House with Sitmar Cruises for the inmates.

[@valentinsmith3466]

In time everyone else will follow suit the Greens are becoming a force to be recon with make no mistake guaranteed!✈️

[@konanninja]

I'm so with the greens on abolish negative gearing for investor 100%. I'm voting for greens next because I'm so hurt from rent increased and the government is doing nothing about it. I have to cut down on nutritional food to make up the increased rent!

[@ab7406]

Too late now, greens will just raise taxes to pay for silly ideas, Airbnb are a problem and people not living within their means. With influx of migrants and growing population, government fix would be to build high rise flats and not many will like to live in. Renters will have to move to areas affordable, like country side,

[@coopsnz1]

@@ab7406 more taxes why it cost more to build a home and save up for a home

[@traceyholt8223]

Why? I owned a restaurant and had a business loan which I paid interest on. I was able to claim this and all other expenses against the income. Why shouldn't property owners do the same thing? If they can't claim negative gearing, they will sell and since renters can't afford to buy, these properties are being sold to Overseas investors. Rent increase is due to RBA interest rates increases that the Landlords have passed on. Let's attack the RBA.

[@bizzabmx]

Everything including rents would cost you more if the Greens had their way. Who genuinely believes that a reduction in rental supply would decrease prices? Backwards thinking in no way founded in economic theory. I absolutely agree with the other commenter that compared business deductions to negative gearing. Why should business owners get special treatment over individuals?

[@cpg86259]

@@traceyholt8223 Who says renters can’t buy? We could buy if there are more properties available and were not sold at these insane overinflated prices.

[@paulmessenger9836]

Let renters claim a tax rebate for rent paid

[@traceyholt8223]

Good idea.

[@ooooolooooo]

Omg! You cannot claim deductions for private or domestic expenses. If renter could claim rent rebates, all home owners would be able to claim for their primary residence. That would never happen in this country

[@traceyholt8223]

@@ooooolooooo A tax rebate for rent is already happening with Centrelink and Social Security. Those receiving support also get a rental supplement. This just needs to be extended to those working.

[@JacquelineGriggs-wv3oj]

Totally agreed we dont need to be supporting land developers we need to be building more public housing providing more opportunities for families to buy homes and enter home ownership we need to be ensuring new builds are built within a contracted time frame we need to be working on providing alternative options for single living or retirement home ownership that is affordable for those with limited incomes such as tiny home alternatives that can go up fast and provide immediate long term results

[@rz9509]

Labor and liberal have both caused and failed to fix the problem. Neither have any right to discuss the matter further. Shelter should be a right. If u cant build houses at least make land available for safe secure camping sites. And no more holiday letting homes anywhere . You want tourism build resorts and motels give those developers a tax break. Nothing for holiday houses. And no grandfathering .

[@JamielDeAbrew]

Imagine one investor wants to build a hotel or a resort. And another investor wants to build units or apartments. They will both be bidding on the same land. To tackle AirBnBs, we should apply to same rules to hotels, motels and holiday homes… A national vacancy tax. This tax should be high enough that AirBnBs, hotels, motels and holiday homes are rented on low demand days (even if at a loss). This would add supply to the market. It would even lead to some places being converted to long term rentals or being sold to owner-occupants. A vacancy tax should also be applied to commercial properties. This would help to reduce rental prices for businesses. In some cases it may even lead to commercial real estate (like vacant offices) being converted to residential. A vacancy tax wouldn’t solve the problem on its own. We also need reform with: * negative gearing * stamp duty * capital gains tax concessions * pension asset tests exclusions on large family homes * building approvals (and NIMBY’s blocking new supply)

[@adittypublications4141]

i am with the greens on abolishing negative gearing for investors.

[@rocky365ful]

Without negative gearing rents are bound to increase which will further burden the people. Without knowing the consequences people are talking anything ranging from immigration to investors to blame. We need encouraging environment to build more affordable housing and faster approval process. More support for first home buyers.

[@adittypublications4141]

@@rocky365ful We should own a property to live. not to make money out of it by renting it out while enjoying TAX benefits.

[@rocky365ful]

@@adittypublications4141 why should one earn money? Government can just provide for everyone and everyone will be equal. Economy doesn’t work that way. All basic necessities like food, clothing and housing become commodities and prices are naturally determined by supply and demand. People earn money depends on their skills, education and expertise. Not everyone can afford housing and the government should create right incentives for building new housing and negative gearing is one such example. Investors still have to pay tax and just getting a small percentage back. Without that rents will increase, I don’t know why people can’t understand such simple thing.

[@joshuasinclair4463]

I 100% agree with SOMETHING being done about negative gearing but we can't get rid of it. Didn't they try that back in the late 80's with Bob Hawk and it sent rental prices through the roof? If not, who am I thinking of.

[@JamielDeAbrew]

⁠​⁠@@rocky365fulwithout negative gearing, rents wouldn’t necessarily increase. Imagine the removal of negative gearing leads to fewer people bidding on properties. This would mean properties would sell for lower prices. That would mean landlords could afford to rent the properties for lower prices. Removing negative gearing won’t be a magic fix. I agree that there needs to be an encouraging environment to build and a faster approval process. In addition there needs to be better usage of existing stock. A vacancy tax that’s strong enough to force AirBnB, hotels, motels and holiday homes to be rented for more days per year would also help. Capping immigration to housing supply would help. If businesses, farmers and universities want more immigrants, they would need to build more housing first. Supply and demand isn’t just about addresses, it’s about rooms - because some people live in share houses. New properties sold should give the option of stamp duty or a monthly land tax. Over time this would phase out stamp duty. SD is a terrible tax as it’s a disincentive to moving we want to encourage people to move closer to their work to reduce the transportation infrastructure costs. We want to encourage people to downsize to add supply of rooms to the market. A blanket exclusion of the family home on pension asset tests also goes too far. Likewise capital gains tax concessions need to be reformed.

[@rhkrhk-f6s]

Don't understand the ALP and LNP. Rather than give more tax incentive to property developer, why the government cannot just start building more houses to sell, release more land and compete with the property developer. if the government build more houses, the housing supply will definitely increase. Why solely rely on private investor and property developer to build house only.

[@carolinabexley8187]

So happy, so well said. Thank you greens for making sense and having a backbone through a political mess known as labour!

[@Vinod-p5x5j]

I don’t agree with most of Greens policies but like this policy. I am a landlord too, have 3 houses- one residence and 2 IP. Without Negative Gearing gone, no chance for the 1st home buyers

[@coopsnz1]

high taxation since bob hawke why home ownership shrunk socialism policys

[@coopsnz1]

there more than 125 taxes today bankrupting majorty of people

[@traceyholt8223]

As a landlord, would you hold on to your investment properties that will be having a negative cash flow?

[@Vinod-p5x5j]

@@traceyholt8223 i will hold and in return expect a conversation on reducing the personal income tax, max rate should be 30% given there are no facilities other than clean air, which is supplied by god and not parliament.

[@AK-np4rp]

​@@coopsnz1citation needed

[@banliveexport325]

Albo and Labor are making the Rental Crisis worse. Albo is benefitting from the Rental Crisis as he owns a huge Real Estate Portfolio.

[@AlexThipthorp]

He flooded the country with more Asians, which literally boosted the value of his own stock. How is this any different from insider trading, he knew that he was going to bring in over a million people and house prices would sky-rocket.

[@coopsnz1]

same as green the communist

[@AK-np4rp]

​@@coopsnz1Do you have an actual argument?

[@JatinderSingh-d5t]

Go greens

[@skymonkey98]

Increase tax incentives won't build new houses but rent caps will.... I think we should adopt Green's housing policies for 5 years and see what will happen with an open mind.

[@JamielDeAbrew]

Don’t forget, the wealthy need to store their wealth somewhere. Let’s say the Greens changes happen. If the wealthy decide to invest in businesses instead of real estate, would that be so bad? Greater business investment would lead to more productivity growth. And productivity growth has been very low in Australia. The wealthy won’t store their wealth as cash because inflation would see the value of cash decline.

[@traceyholt8223]

Rent caps won't build new houses! I bought land and built in a new estate. I paid $400k for my block and $330k to build my house and landscape. It's worth between $750k and $800 now 2 years later. The last stages on my estate are up for sale and my size block is being sold for $600k, with housing prices going up to about $400k. It'll cost $1 million to build a house that won't get more than $900k if sold straight away. Rent caps will force landlords to sell and since renters aren't in a position to buy, these are being sold to Overseas investors.

[@traceyholt8223]

@@davidb-bj3tc They'll sell and Overseas investors will buy.

[@traceyholt8223]

@@JamielDeAbrew With the RBA continue to increase the interest rates, it's better for them to sell and invest in the stock market or long term investments. Those sold properties are being bought by Overseas investors.

[@traceyholt8223]

@@JamielDeAbrew "The wealthy won’t store their wealth as cash because inflation would see the value of cash decline." Only if the RBA drops the interest rate. Right now, retired people are getting a great interest rate return on cash investments.

[@simoneryan4487]

While I do want reform of negative gearing and rent reform I don’t understand why you want to stop me from having access to the home buyer scheme. As someone starting again post divorce this is one scheme that gets me out of an unaffordable rental and into my own home in a way that works for me and creates housing. So many schemes are just for first home buyers or people in specific job classes or with small deposits etc. I don’t fit those boxes. But I want to build a home but keep costs low because I’m a carer on a low income who needs a small mortgage and out of the rental trap because housing stability is really important when you have a child with disability.

[@AK-np4rp]

You'd be better off with the Greens policies. They are pushing for a public property developer to provide affordable houses to buy and rent at below market rates. That would be better than a scheme that you aren't likely to have access to. Secondly, if your child has a disability, you are worse off under Labor or the LNP. Labor are cutting the NDIS.

[@coopsnz1]

@@AK-np4rp green are communist they wont help home ownership the government greed the reason the houses expesnive to build in the first place ! 700k a 3 bed house on 2 level

[@Bruh65-_-]

"Sometimes you have to work with people." This statement from Max is insanely hypocritical. Granted, Labor's schemes do not fully attest to the insidious problem of housing. However, every piece of housing legislation - whether agreed to or not - requires fundamental support from our elected representatives. The Green's stance is counter intuitive to their 'progressive' ideology. Would it not be more beneficial to pass critical legislation? I fully agree to the Green's demands, but holding the elected party to ransom neglects the true needs of the Australian public. Legislation is better scrutinised in practise than it is the halls and echos of parliament. I believe the Green's fundamentally misinterpret the nature of the crossbench here.

[@alancotterell9207]

If we pay people less, rents could be cheaper and profits greater. Even better, if we do not eat and have kids who like to work ?

[@angelwings3128]

Convert empty non-functioning office buildings in the CBD into apartments! The housing crisis will greatly benefit.

[@dezzodarling]

Albo is so immature ! How is he going to encourage dialogue when every chance he gets, he insults the opposition with names like Noalition!! hardly encouraging co-operation!! Grow-up and act like a leader!!!

[@banliveexport325]

Max is spot on. They need to stop giving property investors tax breaks.

[@kanaaneletri5241]

Then who builds and buys houses that people live in??

[@JamielDeAbrew]

⁠​⁠​⁠@@kanaaneletri5241let’s assume investors stop investing in housing… The investors have to store their wealth somewhere. They won’t store it as cash. Inflation devalues cash over time. This is why the Reserve Bank of Australia has an inflation target of between 2% and 3%. If the wealthy invest in businesses there will be more competition - driving prices down. And there will be more investment in business productivity and efficiency. This is needed for sustainable wage growth. Higher wages combined with lower prices will make it easier for individuals to purchase their own homes (or pay more for rent). This will lead to more housing being built.

[@banliveexport325]

@@kanaaneletri5241 Who built them in the 1970s? Huge amounts of houses were public housing. Labor MPS do not like public housing though as it hurts the value of their huge Real Estate Portfolios.

[@veemack6980]

Take the profits from the big 4 banks and use it to build and save the construction industry!. Put young people in jobs, help every day working families!.

[@Thefatcatcrochets24]

​@@kanaaneletri5241people who want their own homes, that's who. Housing should be a human right, not a business opportunity.

[@Greengrass6252]

Labour's housing plan is based on a 1985 Australian comedy film called emohruo, where a Sydney young couple shift out of a caravan and shift into a house in the western suburbs and find out that they bought a dud.

[@rudalsxv]

Leave negative gearing alone for those already bought, but no new negative gearing moving forward. Phase it out.

[@rz9509]

Get rid of it altogether for holiday leased houses, townhouses and apartments. You can have it if u have long term tenants. There are plenty of houses empty throughout the week where Iam. But no long term rentals

[@rudalsxv]

@@rz9509 impossible to enforce. What’re they going to do, install cameras?

[@rz9509]

@@rudalsxv lol easy to enforce simple. its pretty well all digitalised transactions and simply website monitoring and matching would work fine.

[@cathiematthews1359]

@@rudalsxv no. But they could check water usage bills.

[@JamielDeAbrew]

@@rudalsxvenforcement doesn’t need to be perfect. It just needs to prevent scale. Require short term rental platforms to list address rented and dates of rental. Match addresses on licenses and bills to reported residence addresses. Monitor electricity and water usage. Also monitor flight data. It won’t be perfect but will work for most cases.

[@JJ-vh3xf]

this is one the those times where I really apprieciate the project, presenting current pressing issues and really questioning those speaking about it, giving time for audience to really be familarised with whats going on.

[@michaelrobinson9643]

There is no broad strategic plan for property - only piecemeal ideas designed to appease and it needs to end. This could be said for multiple sectors.

[@IamRenter]

Do not like is a strong word. The PM hates you obviously because he is a property investor

[@bottab7591]

GO GREENS!!!!!!!!!!! 💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚💚

[@thiphan6515]

Stop giving out hand outs! This is costing tax payers

[@valentinsmith3466]

Go Max and don't back down stand your ground guaranteed!✈️

[@ReturnOfTheJ.D.]

Negative gearing for new constructions is a great idea but for existing housing it's just a way to favour investors over owner occupiers. Same with the capital gains tax discounts - it shouldn't apply if the recipient didn't add to supply.

[@Jake.steve3658]

The people that cause this mess . Are going to fix there own mess. 😂

[@rz9509]

Spot on lol

[@georgetsipas49]

I don’t like the Greens but I’m with them on this. Negative gearing needs to go and rental caps need to come in.

[@traceyholt8223]

BTW rent freezers and caps are not the authority of the Federal Govt. They can't make laws on this. This is a State Govt responsibility. So the Greens blocking a Federal bill that will help, to argue for rent freezers is pointless as Albo can't do what they want.

[@AK-np4rp]

We've heard it all before. Don't be disingenuous. The Greens know that states have control but the Federal govt can incentivise by providing funding.

[@jjj3556]

how can you just freeze rent increase? what about landlords' mortgage payments with the high interests? of course rent increases cannot be capped

[@theophysicist5631]

God forbid landlords have to sell houses they can't afford. Won't somebody think of the poor poor landlords?

[@arclux]

​@@theophysicist5631 Nice midwit assertion midwit.

[@callumsmith338]

If they can’t afford to pay their own mortgage without expecting somebody else to pay for it, sell. It’s pretty simple.

[@arclux]

@jjj3556 The stupidity in these replies is staggering.

[@Strikeforce-1]

​@arclux you're the expert on stupidity 🙄

[@davidb-bj3tc]

Everyone blaming investors for rent increases and it all there fault, did investors flood Australia with immigration did investors cause construction collapse did investors cause inflation, No most of all these issues have happen because of government involvement, scraping negative gearing putting rent cap will just make my trouble, rent cap overseas have never worked, not all investors are wealthy we too are stress think about it mortgage rate up council rate up insurance premiums thru the roof and maintenance cost up only so much a investors take financial , if Green want a cap on rent they also have to put a cap on all expenses a investors has to pay to give someone a roof to live under.

[@carolinabexley8187]

If you allow the government to co own your home you might as well keep renting because you will never end up owning that home anyway.

[@JamielDeAbrew]

You could use the same argument against allowing investors to co-own your home. (Including banks)

[@coopsnz1]

correct it communism hell

[@Eric-kn4yn]

What about reducing record big migration.

[@Asmentionedearlier]

Greens have figured it out. Why stop at rent? Lets freeze prices on everything! Inflation solved as well, happy days!

[@JamielDeAbrew]

If freezing rent leads to less bidding on land (including land bundled with property) where does the money flow? Investors won’t hold the money as cash as cash is losing value. If investors invest in businesses instead, Australia may see more productivity growth. Most economists agree that higher levels of productivity growth are needed for higher levels of sustained wage growth. Higher wage growth will lead to more renters purchasing in their own home. If investors continue to invest in real estate, then the policy won’t be as disastrous as you imply.

[@coopsnz1]

@@JamielDeAbrew less taxes will increase wage growth that not happing because of high taxation

[@JamielDeAbrew]

@@coopsnz1 I see two different metrics… 1. The amount someone is paid before tax 2. The amount of tax they need to pay from the taxable income. Can you please elaborate on your comment? I have a feeling I might have missed a point you want to make.

[@AK-np4rp]

​@@coopsnz1 You have provided no evidence that low taxes elminate or reduce a housing crisis. Low taxes, in the form of negative gearing and capital gains concessions, are largely to blame for the housing crisis.

[@coopsnz1]

40% taxes o new build atm this includes regulations adds 50% costs on a build

[@foodfiend1180]

greens are the reason we had such big bush fires few years back they didnt let people trim away extra growth on plants and trees then when the fires happened it destroy soo much more

[@AK-np4rp]

😂 Yeah, nothing to do with the climate crisis that every reputable climate scientist has warned us about for the last 30 years!

[@DavidStack-i7h]

Greens need to work out that while the govt makes it more expensive for landlords then they have no choice but raise rents.

[@AK-np4rp]

Hence rent caps and a public property developer to increase supply and provide much needed competition for private developers. If some landlords need to sell because they deliberately over geared in order to be tax bludgers, then it will put downward pressure on housing prices and make it more affordable for a renter to buy. Thats a good thing.

[@coopsnz1]

@@AK-np4rp socialism never grown home ownership rate the communst the end goals everyone rents off the government

[@susanwhite5839]

Albo pathetic..ridiculous housing policy. My plan/ Stop foreign ownership of Australian property. Stop international students being allowed to buy Australian property when in receipt of a visa. Stop negative gearing for short term holiday let. Stop the pay tax on half the profit if u hold an asset for more than one year. Stop the superannuation largesse which is costing more than providing old age pensions. Labour's scheme is bloody ridiculous.

[@susanwhite5839]

Regulate ABNB like in cleverer jurisdictions. Go to a clever country like Germany and explore quality prefab dwellings. Quicker to construct. We are too silly to solve our own problems. Especially given our inept politicians. It is laughable.

[@traceyholt8223]

Cancelling negative gearing and rent increases will force Australian landlords to sell. They will sell to Overseas Investors.

[@asifulzead]

No more first home ownership until 2031. Albo has sold all.

[@alancotterell9207]

All of our problems could be solved if more people won lotteries. They are a better gamble than superannuation or Robodebt. If you have super, you become a target for needy women.

[@ryanfindlay3135]

I am glad that the one with an arts degree is holding first home buyers' ransom over his personal politics. It means I will get to pay my landlord's rent for longer! Yay greens.

[@JamielDeAbrew]

Look into the policies further

[@ryanfindlay3135]

@@JamielDeAbrew been looking at since it was drafted in 2023

[@littereverywhere]

Australian government is formed by people who don't want there to be government in the way of large scale business.

[@davidb-bj3tc]

How is it government allow to put rental cap yet cant make supermarket paid fair price to suppliers or put cap on food cost increases.

[@AK-np4rp]

The govt have not agreed to a rent cap. But yes, there should be a price cap on basic necessities.

[@tobo26]

There are quite a few politicians that are property investors I bet.

[@lawngreenlyp]

Higher capital gain tax

[@tmsmylemk9550]

YES, HELP PEOPLE BUY A HOUSE. How about government pay off the house for the 1st year .

[@coopsnz1]

how about lowing taxes alot so there not 125 taxes to pay making you broke and axing 50% government

[@stephencollins1568]

AnAl "promises"(?) that Labor(sic) will build 1.2 MILLION houses in 5 years. Honest! At his 97-times promised savings of $275.00 per household electricity bill, that represents a Labor(sic)"promised" saving of $330,000,000.00 just in electricity bills alone. His "promises" are about as genuine as a $3.00 bill.

[@stephencollins1568]

1.2 million houses in 5 years equals a bit over 657 separate lies completed per day for 5 years. Not bad going when you have bankrupted half the major house-builders in the country. Are all the newly employed "little maaate" Labor Public Serpents going to do the hard work of building? Or maybe all the $200,000+ p.a. two-legged vertical props for a Stop/Go lollipop sign, do the building, perhaps?

[@jjj3556]

green's deal to freeze rent increase and to get rid of negative gearing is not acceptable - will not be acceptable to property owners......who have to pay their mortgages too..........

[@adittypublications4141]

Sell the extra home or pay taxes.. don't own a property in tax payers money

[@jjj3556]

@@adittypublications4141 Why do you assume landlords dont pay taxes? of course they have to and they do, the landlord is also a tax payer!!!!

[@JatinderSingh-d5t]

I want see how many will hold after rent cap and end to negative gearing..

[@chumei5178]

@@adittypublications4141 you do realise that negative gearing only reduces tax liability right? doesnt sound like you do. in other words, someone will pay less tax (than they would otherwise be paying), not get money from tax payers to invest.

[@sl2462]

A property investor will never accept the right thing to do because it is not in their interest to do so.

[@danieldomingues607]

Greens are a joke, fluffy policies that don’t actually solve the problem. How can rent caps actually help the supply of more houses? Short term band aid fix that will prevent new investment in more stock

[@SteveShearn]

Force landlords hoarding investment properties enslaving tenants locked out of the market to relinquish their stock so young families can buy them to actually live in and not use them as a vehicle for passive income.

[@chumei5178]

@@SteveShearn doesnt that just reduce rental supply?where are the new houses? your shifting houses from rentals to owner occupiers. what about those that cant afford to buy? what then?

[@SteveShearn]

@@chumei5178 The market will correct when new supply is incentivised to be built. Providing the government stops pinting too much money and stamping all those student visas. One million immigrants flooding in last year didn't help things. Politicians are loving it though. Their real estate portfolioes are tasty high.

[@chumei5178]

@@SteveShearn when you say " new supply is incentivised to be built" what is the incentive?

[@SteveShearn]

@@chumei5178 I failed to clarify that retaining negative hearing for new builds as proposal under shorten will work in this way. If it was removed altogether I agree with you, there won’t be new builds incentivised. And the market will not correct if the immigration rate is not controlled properly. Which it isn’t. I would like to believe that labour fell asleep at the wheel and let all the immigrants flood in based on the backlog from the pandemic and the immigration policies under liberal power. But I’m too cynical and at extreme financial stress from housing costs right now to believe our government is simply incompetent.

[@alexchang1264]

I was on the brink of voting Green, but their rigid stance on housing policy and refusal to compromise made me glad I didn’t make that choice

[@Inflammasomes]

I was deciding between them and went greens, they have some silly policies, but labor will do nothing unless there is a credible threat from the left. Labor have also sold out to the gas industry and their housing policies will achieve very little. We can't keep voting for the same two parties and expect s*** to change. It just doesn't.

[@lovechineseforever9434]

HOW IS DE COUPLING FROM CHINESE MONEY WORKING OUT MATEY? YOU HATED CHINESE CONSTRUCTION COMPANY, RIDICULING THEM FOR BUILDING APARTMENTS. THIS IS A CRISIS OF YOUR OWN MAKING.

[@ichirotanaka3721]

People coments here for green are all renters😂😂😂

[@JamielDeAbrew]

And home owners who want less homelessness

[@gonsleiva3595]

Yes and? Those are the people that the government want to reduce to second class citizens

[@sunshinesagelavenderrosemary]

the commissioner public house should give portable housing GovKey gSt rent cap and superannuation refund and discount card to Low income overtaxed taxpayers not dissimilar to SC senior card student card build zero pollution Fast rail capital city connectors to stop pollution transport gSt cabin parks Superannuation is discriminatory because WorkCover medically discharged worker's don't get speedy Superannuation refund until albo's goal's golden year's of Age discrimination Change government Change law Judges change law

[@dylanc2860]

So simple yet so hard to do? Why is that.................................Looks like someone's getting fat while you Starve, so who's taking it easy....... well its Albanese

[@Nattherat64]

The greens hold their farts in

[@haramisalamy]

Toss the two part system! Greens are the only party worth it

[@arclux]

The greens and their supporters are artards.

[@valentinsmith3466]

It's the big issue that will effect everyone in Australia 🇦🇺 especially at the next election looming make no mistake go the greens 🟢 guaranteed!✈️

[@nickdanne7270]

Go greens