no no , the Leftist politicians have investment properties as well and only pretend to hate the greedy capitalist class ( they are a part ofJust what the left hate, as if. Lol
True but only because development hasn't kept pace. It's the imbalance more than the actual numbers I think.
Tell that to the millions in Arizona or California, and as far as I know, the total amount of water required for these annual half million extra migrants will be the same be they in Melbourne Sydney or Orange .There has to be a limit. Water resources are the limiting factor if people want to move west of the GDR, as the Bathurst-Orange Development Council for one found out.
Yep, more debt for pipes and dams, why not, we can't afford infrastructure projects as it is so let's add some more unaffordable infrastructure to support all the new migrants, a lot of which end up on welfare.Tell that to the millions in Arizona or California, and as far as I know, the total amount of water required for these annual half million extra migrants will be the same be they in Melbourne Sydney or Orange .
Pipes and dams can..well could be built but the greens will both freeze any project while opening the floodgate at the borders.
And allowing secondary buildings on big acreages in Noosa , sunshine coast or Moreton council in places where people need no infrastructure: tank water, self powered and severage is still denied.
It is a voluntarily engineered squeezed RE market
South-West of WA is the place to be. We will be looking down this way sometime in the near future.there's nothing more " Street Level " than engaging in a bit of a real estate relocation, and the process of selling and moving somewhere else.
Following the sale of my property in one of the more temperate southern capitals (can't say cool, as it's not) I am looking to locate, as do many , to more gentle climes. And downsizing. The coastal towns and smaller cities look attractive and affordable, and I will soon have a low "1 handle 2 comma" balance to go in with a cash offer.
After a few months on the internet (I hope ASF gets fees from my click throughs on banner ads) it was time to meet the agents. Nosy as I am, I look for the backstory. There are lots more places coming on the market as supply rises. The demand is still there. From the dozen or so places I looked into, main selling motivations seem to be
a. Deceased estates
b. Retiring and downsizing locals
c. Investment properties where there was likely distress in servicing loans.
d. Investments/ weekenders that they'll flip if the right price offered.
Now with a), I could sense the next generation wanting to get the money. But generally, properties were run down, and unattractive
With b), houseproud locals had the best offerings if not optimal locations. But even here, at around 900k to 1.2 mill, the plans seemed to be to move further N and buy cheaper.
c) were identified by short ownership periods, a few only held for a year or so. Imagine the increased interest if highly geared.
d) were the best locations, stroll to beach and coffee shops sort of thing, but unwilling to be flexible.
So, like everything, its not static, we're not passive victims but are making conscious decisions. I have no doubt the Type B's will move to somewhere cheaper and maybe pocket a few hundred k's, contribute to super if
well advised. The Type A crowd, inheritors, will take the offer after a while, to enhance their own financial positions. Those with investment places that timed the market badly should have learned something, I hope. And the D crowd .... they're among us and have been all along. Some are clever, but some are just lucky with the timing.
Markets are interesting. I'll do the downsizer contribution even if the money is withdrawn for a purchase, I may even trim assets to buy a more expensive place. And I'll be making straight cash offers
on the flip side the local pub ( hotel ) catered for 3 Xmas parties this weekend , so far two Saturday evening and one for Sunday lunchRestaurants and barbers (local) had a real tough week last week. Customers disappeared.
Easy water is a limit but hand the task to some appropriate engineers and you'll have water.There has to be a limit. Water resources are the limiting factor if people want to move west of the GDR,
Sure, we could have a "turn back the rivers" project, but what is the final objective ? To have a population of 150 million or more ? Will that make us all wealthier ? I'd like to see some studies on that.Easy water is a limit but hand the task to some appropriate engineers and you'll have water.
How much it costs, and whether it ought be done, is another matter but technically it's possible.
Surely with this good/happy news then the organ grinder's monkey can re-evaluate the rate of inflation to a downward trend.Restaurants and barbers (local) had a real tough week last week. Customers disappeared.
I've only copied the link but haven't read the article but more of the same regarding Boomers and their outrageous spending which is upsetting the aspirations of others to reach the same position I guess.
Boomers, I beg you: please stop spending
I know dining out is fun, and you want to treat your children and spoil your grandkids this holiday season. But right now is not the time to splurge. Let me explain why.www.theage.com.au
Sad outcome of a country already afflicted by the tall poppy syndrome and enforced further by years of education/brainwashing socialism:I've only copied the link but haven't read the article but more of the same regarding Boomers and their outrageous spending which is upsetting the aspirations of others to reach the same position I guess.
Boomers, I beg you: please stop spending
I know dining out is fun, and you want to treat your children and spoil your grandkids this holiday season. But right now is not the time to splurge. Let me explain why.www.theage.com.au
Let the Water companies sell bonds, and pay the principle and interest back via the water charges from the additional water supplied.Yep, more debt for pipes and dams, why not, we can't afford infrastructure projects as it is so let's add some more unaffordable infrastructure to support all the new migrants, a lot of which end up on welfare.
As FROG suggested, the USA supplies a much larger population, in much drier regions by moving water around and recycling it.
Not in terms of funding.Any comparison between the US and Australia in terms of water is irrational.
But, There are heaps of projects that could be done to store and move flood waters around, but we tend to shy away from big projects, and the other side of politics will always try and trash talk big ideas from the other side, look at the snowy 2.0 and how much trash gets talked.
Maybe not, but eventually at some population size it is, and if you are recycling each litre you capture a few times, a relatively small project of water capture can multiply into large amounts.I agree there. We could do a lot more to trap floodwater, but maybe the cost/benefit ratio isn't favourable.
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