What’s the point, Jess?

It has to be said. Jess Irvine today:

This week, three of Australia’s leading housing academics, Hal Pawson, Vivienne Milligan and Judith Yates, released a book, Housing Policy in Australia: a case for system reform, which pulls together decades of research into what they see as a systematic failure of Australian policy when it comes to that most basic of human rights: shelter.

…So what would a national housing strategy look like?

First, it would be overseen by a dedicated housing minister at cabinet level…Second, we need a dedicated national agency responsible for overseeing housing policy…Reform of tax breaks on housing, most pressingly on investment housing…All renters need greater rights to long-term and stable leases.

In short, Australians deserve a national strategy to ensure access to stable and affordable housing – not just the politicians’ latest trick.

Bravo.

But why would anybody take this seriously? Jess is the fig leaf for the most egregious property spruiking machine in Australia: Domain and affiliates.

What’s the point of the above when Jess spends the other half of her time promoting mass immigration as well? The number one house price pump priming mechansim in the economy.

I’d rather read The Pascometer. At least he was the wolf, not the wolf in sheep’s clothing.

David Llewellyn-Smith
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Comments

  1. Another example why he is the Pascometer:

    No, it’s not a scheme that brings in cousins and their families

    https://www.macrobusiness.com.au/2018/04/pascoe-attacks-cherry-picked-immigration-data-with-same/

    January 9, 2020

    ‘Network effect’ behind Indian surge in taking Australian citizenship

    https://www.theaustralian.com.au/nation/politics/network-effect-behind-indian-surge-in-taking-australian-citizenship/news-story/e9ae70c20a20ee386d7a11fb4488403e

    lol

    So it is a scheme that brings in cousins and their families.

  2. Had journalism not got Morrison elected last year, the tax preferred status of housing (as an asset) would have been removed and house prices would still be flat/falling.
    So it stands to reason that the number one problem is journalism.

    • Watch out !

      Skippy has come up with a new category

      “Journalism Crank”

      To go with “money crank” which is used for those who criticize his grand pappy’s line of work.

      To quote the mystic.

      https://www.macrobusiness.com.au/2020/02/macro-afternoon-820/#comment-3677752

      “…So when some grumble about journalism, its like the wobbling on about central banks, journalists just regurgitate what the mainstream economists tell them, same for politicians. ..”

      Apparently, the journalists are just taking orders from the economists.

      But not bank employed economists of course because according to Skippy the banks are just mechanical devices and incapable of self serving and politically directed activity.

      • Under Skippy’s totalitarian government, fiscal spending solves everything. CBs, journalism, and democracy in general, are minor annoyances that can be directly controlled or removed.

        • Freddy,

          Skippy’s dream is a world of government run industries with the exceptions of banking and renovating old houses in Brisbane. Apparently only those two industries are best run by the private sector.

          Everything else has been infected by American neoliberalism and is best nationalised as soon as possible.

          • Its completely incoherent to ascribe such views when you have been clearly informed otherwise. Basically end NAIRU with a JG + [less MIC spending], public health and education, government as the first spender bargains with industry for goods and services for its citizens – in the name of pubic good, reform board room conventions and insipid incentives for the executive, regulate where needed to end collusion, anti trust, and monopoly, etc.

            Sorta like the Sanders agenda, not that Sanders is critical to it.

            All of this is painstakingly unpacked by its proponents, so there is no reason to ascribe anything other that.

            Other than that I think I was clear when I said a reformation in economics was in order, chew on this – https://inference-review.com/article/the-miracle-of-general-equilibrium

          • Skippy,

            We seemed to have smoked out a libertarian Skippy.

            So now you only want the government involved in public health and education (buying up services on behalf of the public) and everything else is to be run by the free market with ‘reformed boards and CEOs’……no one has ever tried that before…chortle.

            Or are there some other sectors that you think would benefit from the paper shufflers buying up product and distributing it to the deplorables?

            You should have told us that years ago !

            Here we were thinking that you are only a free market guy when it comes to banking (and renovations) and in fact you would make the average member of the HR Nichols society blush.

          • Again your incoherent, I don’t and have never subscribed to “in a box” ideology’s such as libertarian – anything. Look if the best you can to is spray and pray don’t expect any respect let alone civility, not that your prone to it historically.

            You have been pulled up on these types of antics for years, not that people proclaiming to fight for the side of light have cognitive issues to begin with.

          • Jumping jack flash

            As with everything the economy runs in cycles. There was a time where selling everything off to the private sector made sense. The government couldn’t keep up with the growth. Debt ran as freely as water. Wages were inflating so fast that the government got scared and tried to cut everyone’s wages. That time is a distant memory.

            These days everyone is steeped in debt and requires more all the time. There is no wages growth because it is all being used for growing debt which doesn’t feed back into wages. Gouging of essential goods and services is rampant. Wages are being stolen everywhere else which requires mass immigration. It is time for the government to step back in and take a front seat in running the country and provide what the private sector simply cannot and will not.

            And that strategy must continue until this economy gets turned around again: wages start inflating again, debt stops being a requirement and can be repaid, the gouging and wage theft stops, and there is no dire need for immigration. Then after that all happens the private sector can once again take the reins in time for the next boom.

            and around she goes.

    • Tell me Sweeper, hypothetically if there were 20 Indians being added to our population for every dwelling added, then how low to you think tax changes could get the price of an average house?
      Do you think tax changes could also help me get a seat on a train, or a bed in a hospital?

      • I believe you are confusing a consumer good with an asset.
        If Ramsay Healthcare shares double does that automatically mean there is a shortage of hospital beds?

        • If Ramsay Healthcare shares double does that automatically mean there is a shortage of hospital beds?
          No. A shortage of hospital beds would be indicated by sick people unable to get a bed in hospital.

          Sweeper I think you are confusing use-value with exchange-value.
          For low affordable prices for all it is a necessary but not sufficient condition that there be enough of the item for all to have. If there is a shortage of housing then no amount of tax fiddling will be able to get all the people into decent housing. It is a very simple concept that many money experts struggle with.

  3. happy valleyMEMBER

    Maybe, like Ross Gittins, Jess is trying to come back from the dark side and clear her conscience, as she realises she’s probably for the chop in the next cull of Fairfax journos? Who needs opinion pieces these days?

  4. I don’t care anymore. Burn it to the ground. Burn it all. It’s never going to change. When I compare what could have been in my life compared to what it is I lose the will to live.

    • Mining BoganMEMBER

      We’ve had a lot of oldies die in the family recently which leaves all us 50 somethings talking about our childhoods at clan gatherings. It is really sinking in for most of how much we’ve lost as a nation. What’s worse is the 15-25 group now quizzing us a lot harder about those days compared to now. They’re realising they’ve missed out on an opportunity but can’t quite get a grasp on what it was.

      There’s just an air of disappointment about it all. Some of us are angry *waves*, but mostly it’s a confused resignation to a miserable future that hangs over us. Might as well let it burn, there’s nothing good left.

      • But I assume you have your children to discuss the past and future with. My concern for my offspring is that they won’t even have that.
        That’s what we are/have created for our successors – a solitary life to be lived in the shadows of our pasts, and to die on their own.

        • Come on Janet the wise, no need to die on your own, it is important to have a friend there, and good friends know when they are needed. That is such a time. Life is a gift, especially when it is to give comfort to a friend, when it is required.

        • Your offspring won’t know what they’ve missed because their lived reality is what they see around them today – it’s their reality. Added to which they are fed a constant dose of ‘diversity’ and ‘equality’ and other social justice clap-trap on a constant basis, which is part of that reality. In line with the ultimate objectives of the regressive Left, they are being taught what to think not how to think.

        • ErmingtonPlumbingMEMBER

          That the con of Consumerism.
          So much to offer the young at first followed by half a life time of diminishing returns then, all to often, to find out to late what really matters,… forming your own family.

        • I’ll be right on the weekend after a couple of cardonnays I’ll calm down and revert to my sheep like existence FCKEN.

    • It is important to share the knowledge you have acquired. People can be persuaded and if not they can be confronted into thinking again. Sometimes I get angry too, usually against the people who inherited a great society and country and sold it out for a cupful of rice. They are getting their dues every time they find themselves in an unlivable city surrounded by a gilded cage. There is no reason for them to rest easy. Its not such a bad place if you don’t live in Sydney or Melbourne.

    • If you’ve got a brain you can rise to the top ten percent without too much trouble.

      It’s the weak and dumb who are in severe trouble going forward.

      The group Labor pretend to care for who are going to cop it in the neck.

      I hope they run riot.

    • AngryMan, things are never as bad as they seem, half an hour on YT fixes my despondency.
      Here’s a video of a guy who spends his time rescuing tourists with his dogs, he’s never once called one a dumb cvnt… https://youtu.be/PLEiMzyKq2U

      Warm cockles guaranteed.

    • Welcome to the club.
      Don’t worry, you are not alone here.

      It won’t burn down in my lifetime and that’s okay. I’m content knowing I’ll pass on my can of gasoline to my kids.

  5. Jumping jack flash

    “…pulls together decades of research into what they see as a systematic failure of Australian policy when it comes to that most basic of human rights: shelter.”

    wow that took them a long time to realise that adding 2 trillion debt dollars into a market will cause it to inflate. And, once banks get involved to the tune of 2 trillion dollars you can’t change any of the rules again, ever.

    What’s the saying? “owe the banks two million for a basic fibro shack in SydMel, and they own you, but owe the banks two trillion and they become too big to fail”? Or something like that.