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High prices in Sydney - blame Nimbys and Councils

Discussion in 'General Property Chat' started by New Town, 17th Feb, 2016.

  1. New Town

    New Town Well-Known Member

    Joined:
    8th Sep, 2015
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    96
    Location:
    QLD & NSW
    High prices in Sydney are due to undersupply not Neg Gearing, Chinese, greedy investors, upgraders, migration etc etc etc

    Sure this is well established but look at the anti deveoper ideology of the nimby peanuts that have caused the unaffordability. Instead of taking a rap on the knuckles and laying low, they want to bang the heads of the evil capitalists and restrict negative gearing

    ok, mostly preaching to the converted on an IP forum :D
     
    Last edited: 18th Feb, 2016
  2. Chilliblue

    Chilliblue Well-Known Member

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    Location:
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    Or an over supply of population. Infrastructure is well behind development in Sydney and there is no way of catching up if they keep building.
     
  3. New Town

    New Town Well-Known Member

    Joined:
    8th Sep, 2015
    Posts:
    96
    Location:
    QLD & NSW
    Sure, its all in the mix. But comes to a head when the supply hasnt kept up.

    Any way wont deny we're all nimbys - no one wants a block of units overlooking their house. Hence part of the problem