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Housing, we all know (lemmy.world)

submitted 3 weeks ago by [email protected] to c/[email protected]

14 comments fedilink hide all child comments

It seems a good time to remember, in amongst the rhetoric of election campaigns that all parties will keep house prices where they are.

The way back to affordability is 10-20 years of marginal house price growth, to enable housing to come into line with long term trends. Fluctuations that are radical pose radical problems for politics. So they opt for the sustained. This is what I think Australia's (and others) future housing comes down to the (continued) debasement of currency through broad (stealth) taxation.

What a game.

I suspect voting preferences will swing around the late 30s quite bad :-/

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[–] [email protected] 16 points 3 weeks ago (2 children)

I suggest we also remember that prices are only half the story, wages have stayed flat for 50 years. Our wages have 1/3 the buying power of 50 years ago.

Join a union

[–] [email protected] 2 points 3 weeks ago

Absolutely.

The populaces awareness of inflation taxation is what drives part of the cryptocurrecy fever. People have grown impatient again at being fucked over by banking policies.

Join a protest.

Penny auctions anyone?

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