Who actually predicted this Property boom?

[medicowallet]

Dowdy, perhaps you could offer your services to the government in an advisory capacity? They could surely do with them.

The dowdy review, commissioned for $20million

result: scrap FHBG and negative gearing on investments and raise IR and let market forces determine house prices and shares.
Delivered to government 15 May 2010.

Government response: 15 November 2010 (opposition allowed to view it 15/11/10)

result: can't win any votes with this measure therefore we will implement what we liked in the report instead. This will strike a nice balance with our voters

: scrap negative gearing on shares and raise IR by negative media campaigns on banks increasing home loans, and diverting their margins to alternative products like margin loans and business loans.

Final result
: Kevin 10
: Increasing house prices therefore increased FHBG needed -- increased consumption and imports of plasmas and foreign built cars on drawdowns.
: Decreasing share prices - but all the companies have foreign shareholders, so it is good for the country.
: Decreased business investment and economic growth.

 

[Dowdy]

The dowdy review, commissioned for $20million

result: scrap FHBG and negative gearing on investments and raise IR and let market forces determine house prices and shares.
Delivered to government 15 May 2010.

Government response: 15 November 2010 (opposition allowed to view it 15/11/10)

result: can't win any votes with this measure therefore we will implement what we liked in the report instead. This will strike a nice balance with our voters

: scrap negative gearing on shares and raise IR by negative media campaigns on banks increasing home loans, and diverting their margins to alternative products like margin loans and business loans.

Final result
: Kevin 10
: Increasing house prices therefore increased FHBG needed -- increased consumption and imports of plasmas and foreign built cars on drawdowns.
: Decreasing share prices - but all the companies have foreign shareholders, so it is good for the country.
: Decreased business investment and economic growth.

I'll just do what every politician does.
Lie to get in and then implement what i want - remove FHBG, release land, put a time limit on land banks and incentives for developers to build, remove stamp duty. If the government wants to give money away, don't give it to the FHB, give it to developers to build more homes.

There's my 5 min solution. Now just need a PR team

 

[trainspotter]

I'll just do what every politician does.
Lie to get in and then implement what i want - remove FHBG, release land, put a time limit on land banks and incentives for developers to build, remove stamp duty. If the government wants to give money away, don't give it to the FHB, give it to developers to build more homes.

There's my 5 min solution. Now just need a PR team

Dowdy for PM. Gets my vote.