I understand your worries. The wars are going to effect lots of things, supply chains etc. I’m not sure how oil will effect housing here, I’m curious how you see that effecting housing specifically? For real, Genuine question. (I’m not being snide.) The government should absolutely do all of those things, and they easily could. We do already have enough homes, it’s not as much of a shortage, more a problem that investors have hoarded up all the stock. They keep homes vacant, for prolonged periods of time to force the price of rents etc up. The government could easily tax investment properties, to tip the scale back in favour of it being a home first, and an investment second. We have enough homes, currently, and we are building enough homes to technically keep up with demand. It’s being manipulated to overinflate prices, currently, though. On census night in 2021, for example, more than a million homes were recorded as unoccupied. We could easily use homes that are vacant, or old military or mining bases. Theres options for both homeless and refugees. Theres so many options to fix the current, artificially created crisis.
Theres so many options to fix the current, artificially created crisis.>
I agree with you.
As to your question re housing and the effect of oil price rising, I think you answered it when you mentioned supply chains. Imo, construction, like all business, will be affected by a rise in petrol costs e.g. obtaining materials, tools, machinery from overseas, local travel and freight costs. All will be passed on to buyers so I imagine that it will become even more expensive to buy a new home unless govt helps out. In addition, the cost of kitting out a home will be more expensive as all appliances, imported furniture and miscellaneous items will also rise in price. These old men and their wars and power mongering are hurting young people in so many ways. No wonder so many don’t want to have children.
I understand your worries. The wars are going to effect lots of things, supply chains etc. I’m not sure how oil will effect housing here, I’m curious how you see that effecting housing specifically? For real, Genuine question. (I’m not being snide.) The government should absolutely do all of those things, and they easily could. We do already have enough homes, it’s not as much of a shortage, more a problem that investors have hoarded up all the stock. They keep homes vacant, for prolonged periods of time to force the price of rents etc up. The government could easily tax investment properties, to tip the scale back in favour of it being a home first, and an investment second. We have enough homes, currently, and we are building enough homes to technically keep up with demand. It’s being manipulated to overinflate prices, currently, though. On census night in 2021, for example, more than a million homes were recorded as unoccupied. We could easily use homes that are vacant, or old military or mining bases. Theres options for both homeless and refugees. Theres so many options to fix the current, artificially created crisis.
Theres so many options to fix the current, artificially created crisis.> I agree with you.
As to your question re housing and the effect of oil price rising, I think you answered it when you mentioned supply chains. Imo, construction, like all business, will be affected by a rise in petrol costs e.g. obtaining materials, tools, machinery from overseas, local travel and freight costs. All will be passed on to buyers so I imagine that it will become even more expensive to buy a new home unless govt helps out. In addition, the cost of kitting out a home will be more expensive as all appliances, imported furniture and miscellaneous items will also rise in price. These old men and their wars and power mongering are hurting young people in so many ways. No wonder so many don’t want to have children.