Greens promise huge cash splash to build 1 million affordable homes

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If the Greens hold the balance of power after the next federal election, it wants to build 1 million affordable homes for young people where they want to live: close to work and the city | jamesmassola

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The Greens will fight for 1 million publicly owned, affordable homes to be built over 20 years if they hold the balance of power after the next federal election.

The independent PBO also warns in its costings that the per-house cost of $300,000 may not be met because the scheme is so large in scope, while the impact it would have on Australia’s property market “is highly uncertain”. About 125,000 properties would be part of a shared equity ownership scheme, with people able to own between 50-75 per cent of the equity and access a low-interest loan to buy their first home.

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jamesmassola Well that’s a novel approach, affordable housing,who wldve think it

jamesmassola This could be better than jobkeeper to stimulate economy and halt exorbitant house price increases

jamesmassola Japanese style you get a box to live in / sleep

jamesmassola In your dreams. You allow immigrants in and immediately house them, whilst your own citizens sleep in cars, and under bridges. Commandeer all empty halls of FABLES and open up to the homeless

jamesmassola it is much better for the young to look at close regional centres with much better [ublic transport that to suggest more city building. Already people are discovering affordable housing costs in regional centres within 120kms. Not so many lockdowns either.

jamesmassola They can demand scraping of Negative Gearing and replacing of stamp duty with land tax. They can also allow FHOBs to tax deduct portion of their mortgages for say first 3 years as that first step on ladder is hardest. The affordability will be sorted overnight.

jamesmassola Omg this is so needed! Great idea. Will stop the flow on effects of harm.

jamesmassola Govt housing has been extremely successful in places like Finland.

jamesmassola Good luck to them.

jamesmassola They want? Why is the greens “it”?

jamesmassola God help Australia if the get into a power sharing agreement with labor, if you think the economy tanked because of the wu flu wait wait till the greens get there hands on the purse strings

jamesmassola If the Greens this and if the Greens that The party that will never rule Why bother.......

jamesmassola MurdochGutterMedia really trying to spin this as a bad thing - how grossly corrupt and privileged do you have to be to try and dismiss how much good this could do? 'Huge cash splash' should apply to all your reporting on Josh Frydenburg's jobkeeper rorts. ThisIsNotJournalism

jamesmassola Ah the greens. Never really good about thinking economically are they

jamesmassola Israel Singapore failed with 2 jabs! Started so called 3rd and 4th booster jabs. Africa is doing better by taking artemisinin. India and Japan started Ivermectin! Who is collecting money from the vax ? Vax is positive related with infection! Time to have alternate treatments

jamesmassola Yeah yeah, they promise the world to get elected & then nothing!!!

jamesmassola Try a little harder to not stuff up the new Labour government please.

jamesmassola Yeah I want one. Next door to adum !

jamesmassola Okay what’s the affordable rate?

jamesmassola Makes sense when you never have to fund it.

jamesmassola And they're paying for it with money growing on trees?

jamesmassola GreensSlumTowers auspoI

jamesmassola Day dreaming 😴

jamesmassola This will be successful as the pink batts scheme.. surely he wouldn’t have learnt something from the wicked witch from acosss the ditch & the disastrous Kiwibuild Scheme…greater incompetence than Rudd Gillard combined

jamesmassola Many in Political life take this mantra, but noone has yet to deliver on this crucial necessity Yet the answers are simple REFER TO PRE85 CGT by grandfathering say 15 years This will eradicate the BUBBLES the repealed SEPP10 Policy which could help resolve much needed houses

jamesmassola The Greens hate the bit in between the inner City and the bush aka the suburbs.

jamesmassola +$20bill for this policy. +$20bill p/a in OS remittances. +$20bill in lost productivity due to congestion. The liabilities are never weighed against the faux GDP growth. If the migration rate had been held at pre 2000 numbers of 70k this wouldn't be necessary

jamesmassola If anyone wonders his this will end, here's a preview from across the ditch

jamesmassola OK where? In all the green space?

jamesmassola The gift that keeps on giving.

Frankenleigen jamesmassola Excellent - finally a policy that will really help address the inequality in our society. Pretty good value for money too compared to useless redundant submarines. Far more jobs involved.

jamesmassola Wonderful concept. Land permitting

jamesmassola Sounds like pork-barrelling.

jamesmassola No we need Greens out so we can go with low emissions Nuclear power bring down energy costs and increase job's so young people can work and get their homes

jamesmassola Sky News Headline: Evil Greens want to build housing for young and the poor. Housing market to dive. They must be stopped!

jamesmassola What an absolute nightmare this loony group could hold the balance of power.

jamesmassola Who pay for it Adam? The magical unicorns? 🦄 anyone that votes for these fuctards needs their head examined

jamesmassola Exactly where do they propose that these homes be built ?

jamesmassola Hmm: A Labor-Green party Q: Do the Greens still want to Shout down the coal industry by 2035 Impose a wealth- Inheritance tax Defund police?

jamesmassola Any affordable housing which involves build to sell will fail. It will just create profits for the well off. Build to rent.

jamesmassola 👨‍👩‍👧‍👦👨‍👩‍👦‍👦👨‍👩‍👧‍👧👨‍👩‍👦‍👦👨‍👩‍👧‍👦👨‍👩‍👧‍👧👨‍👩‍👦‍👦👨‍👩‍👧‍👦👨‍👩‍👧‍👧💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸💸🚽🏛🏗🏢🏦🤑🤑🤑🤑🤑🤑 🤦‍♀️🤦‍♂️💄🐷

jamesmassola No young person can afford a home in London, Paris, NY etc. close to the city. Decentralisation is the answer.

jamesmassola They won’t hold the balance of power. Also you would think the greens would understand about the continuing timber shortage.

jamesmassola AdamBandt - how much money can be saved by challenging the cosy deals that make politicians more concerned about their sponsors than their electorate?

jamesmassola There would be nothing close to Sydney that would match a $300,000 cost. Perhaps Marulan is the closest possibility.

jamesmassola Good move.

jamesmassola No it won’t and no it won’t.

jamesmassola Cheaper than canceling a submarine contract

jamesmassola The Greens having the balance of power & the LNP losing awareness many seats as possible will be the best thing in the history of auspol The current Governmentcan reap what they’ve sown! scottymustgo

jamesmassola Excellent but won’t that bring a massive carbon footprint and destroy the planet? Or have the Greens found a way to build homes without using carbon?

jamesmassola Damn good idea maybe we can use some of the $40 billion JoshFrydenberg gifted to multinationals and businesses making profit along with the billions wasted on jobmaker to create something useful

jamesmassola More socialism ✅ Picking & choosing which groups they’re going to help (& which they will not) with other people’s money (ie the taxpayers) ✅ Presumably forced selling of land for prices they themselves set ✅ The Greens are Marxist in every fibre of their being. auspol

jamesmassola ✅✅✅✅✅✅✅✅✅

jamesmassola Where is the money? Where are the workers? Where are the trees? We cannot cut them down. Where will the electricity supply come from? The batteries will be flat in 5 minutes. Where is the land to build them? If high-rise will this mean ghettos? Next idea Adam.

jamesmassola Lol 1 million homes. Really. 5000 apartment towers. They could build a bike path with a limitless budget and eternity

jamesmassola I mean, unfortunately it’ll never happen but shoot your shot Adam.

jamesmassola What about help for families who have been laden with huge mortgages and resort to living a distance from the city and travel in by train. They couldn’t afford to live near their workplace.

jamesmassola New house build? Sounds like a great idea! Who did this massive housing bubble? LNP and the banks? ( Not forgetting Pete Costello) Give someone else a go to try and fix this housing mess m

jamesmassola too late

jamesmassola Dump the libs!!!

jamesmassola Where’s the cash coming from!

jamesmassola So where does adam ant think the $$$ is coming from?

jamesmassola Is that a Federal responsibility?

jamesmassola Just move to the country, much less stress. Plus remote work is much more normalised now

jamesmassola No. Don’t anyone let this happen. Not even your kids, kids will be able to pay this debt off. The greens only divide politics further. Fringe parties are a waste of a vote. Only a majority gov can make REAL change. auspol

jamesmassola Are they free like healthcare & education?

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