Hey Philip Lowe…let’s talk about how successive governments have distorted our housing market by keeping #negativegeating and #capitalgains. Oh wait they benefit rich people and your mates. #rentcaps which help poor is bad distortion. #auspol #rba

https://www.theguardian.com/australia-news/2023/jun/04/a-quarter-of-australias-property-investments-held-by-1-of-taxpayers-data-reveals?CMP=Share_iOSApp_Other

This is the problem!

A lone premier moves to end the crisis, but the underlying predatory group howls in pain at every suggestion. It's like a bloody Joseon dynasty drama! "CHONA! CHONA! CHONA!" howl the court officials.

https://www.theguardian.com/australia-news/2023/mar/22/how-would-queenslands-rent-caps-work-and-how-might-they-affect-affordability

#AusPol #RentCaps

My #housing adventure in #NYC has yet to come to an end. I have to move back to the city in the summer. (It's in moments of dealing with Big Emotions and illness that I realize I need to be closer to friends.) If you have any 1/2 bed apartment leads from July/August, please let me know? Mostly looking in North & Central BK. Amazing how little you can afford even on a "normal" professional salary in this city. We need #rentcaps and lots of #publichousing so badly.

RT @mssophiaakram
12% RPI increase could mean more rental increases when there is already a horrific rental environment with bidding wars and ludicrous waiting lists - #rentcaps are needed now #HousingCrisis