housing

Housing affordability plunges

March 2, 2010 by admin

(SMH) Soaring house prices, rising interest rates and a winding back of the first homeowners grant all contributed to housing affordability taking a nose-dive at the end of 2009. The deterioration was widespread in all capital cities and regional areas, with the largest falls recorded in Sydney, Brisbane and Canberra, according to a Housing Industry Association (HIA)/Commonwealth Bank of Australia survey. read more

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NSW govt must release land: opposition

February 8, 2010 by admin

(SMH) Housing in Sydney will not get any cheaper until the NSW government begins releasing land in the city's outer suburbs, the opposition says. [...] According to the Demographia International Housing Affordability Survey, land release in Sydney has been reduced from a historic average of 10,000 lots per year to less than 2,000 in 2007. Activist Dr Tony Recsei, in his introduction to the survey, said the government needed to move away from high-density housing and begin releasing land in outer Sydney or risk a "Dickensian gloom" read more

Dr Tony Recsei has our vote if ever running for office. The bloke, knowingly or not, is spitting on the UN Agenda 21 plan to herd humans world wide into compact cities and reduce population numbers down. Click here for Dr Tony Recsei's Save Our Suburbs web site.