RaymondPierreL3<p>Alan Kohler hits the nail on the head, yet again with flawless logic in a compeling argument for Govt funded social housing:</p><p>“… if affordability is to be improved, housing can't be a good investment.</p><p>To keep the current level of (un)affordability — that is, with house prices at nine to 10 times incomes, residential real estate has to be a poor investment, providing a return of no more than 3-4 per cent per annum, including rent, so incomes can keep pace.</p><p>To return to the affordability of 25 years ago — a house price to income ratio of four times, it would have to be an absolutely rubbish investment for 20 years with zero return.</p><p>That means private capital can't do it — only the government can.”</p><p>Govts have had this kind of advice thrown at them for decades yet… If that doesn’t convince you collusion between <a href="https://aus.social/tags/LandDevelopers" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>LandDevelopers</span></a> <a href="https://aus.social/tags/LocalCouncils" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>LocalCouncils</span></a> <a href="https://aus.social/tags/RealEstateInvestors" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RealEstateInvestors</span></a> <a href="https://aus.social/tags/Landlords" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Landlords</span></a> and the govt is alive and thriving, then nothing will.</p><p>The only way to nreak curtail this rort for the rich is for govt to break away from business as usual. What are the odds? </p><p>Read more:<br><a href="https://www.abc.net.au/news/2025-07-07/housing-supply-infill-construction-tax-reform-immigration/105499648" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">abc.net.au/news/2025-07-07/hou</span><span class="invisible">sing-supply-infill-construction-tax-reform-immigration/105499648</span></a>?</p><p><a href="https://aus.social/tags/HousingCrisis" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>HousingCrisis</span></a> <a href="https://aus.social/tags/CostOfLiving" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CostOfLiving</span></a> <a href="https://aus.social/tags/AusPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AusPol</span></a></p>