"In many Scandinavian countries, the government will provide a guarantee of finance, that it provides a top-up to someone borrowing a loan," Dr Beer said.
"We know that people in regional Australia have lower income, more variable incomes than those in the capital cities.""They need to invest in the development of new land, they need to invest in social housing, and they need to make sure there's enough land zoned for development," Dr Beer said.If the situation continues to deteriorate, Mr Beer said regional Australia would suffer.
Stop immigration!
Global population crisis is the real problem.
We need a comprehensive decentralisation plan that encourages businesses to move jobs to the regions, creates more affordable housing, and allocates funding for improved infrastructure and better community / essential services…
There is one solution to fix the issue, but no one likes it. Restrict lending, fixes all the issues. 50% minimum lvr for investors. 25% for PPOR. No exceptions. Sit back and watch housing and rentals become ‘affordable’ very quickly and stay that way.
Simple. Arrest all the money launderers and foreign ownership and put the empty properties back onto the market.
who would want to live in Newcastle or Penrith? sterile decaying regions
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