So says Max Chandler-Mather of the Fake Greens:
In a letter to the incoming minister shared with this masthead, Chandler-Mather argued that O’Neil now oversaw one of the most expensive and overheated housing and rental markets in the world and that “all the Albanese Labor government has done is tinker around the edges”.
True enough. The Albanese government has been an outright housing disaster and it aims to make it a lot worse with the proposed but profoundly irresponsible “help to buy” ponzi scheme and egregious “built to rent” corporate gouge.
But where were the Greens when Labor ramped immigration to extreme levels and delivered “the most expensive and overheated housing and rental markets in the world”?
Cheering it on while demanding even higher numbers.
Then there is this:
Chandler-Mather again called for negative gearing and the capital gains discount to be phased out, a two-year national rent freeze and a suite of other Greens policies to be implemented.
I have always supported property tax reform. I might even consider rent freezes in the right circumstances.
But, in today’s context of extreme population growth and broken supply owing to bankrupt builders, how will removing the investment incentives to build impact the market?
Construction volumes will crater, rendering the housing shortage even worse and sending the builder bust nuclear.
There is no answer to overheating rents and houses without addressing demand as well as supply.
The Greens used to know this before they turned fake:
We should thank the Greens for killing Albo’s appalling “help to buy” and “built to rent” bribes.
But the Dutton proposal of a moderate cut to immigration numbers will do more for housing access than all of the fake Greens bluster in the world.
So long as he doesn’t do super for housing.
