Tuesday 16 May 2023

what the government could do if their housing fund is voted down

 My old mate ( literally and metaphorically) PETER MARTIN has a nice short article on how to deal with the current housing crisis for those in crisis. social housing in other words.

Thinking out loud would not rentrol price controls work in building under negative gearing. Negative gearing afterall is when interest payments are greater then the rent you get. In other words the people doing it are speculators not investors. since they are only interested in capital appreciation not return on investment then they should not be bothered all that much by controls on the price of rent.

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