Australian Politics Forum - Inquiry - The Case For Rent Caps Mounts

Bobby.

Gold Member

Offline

Australian Politics

Posts: 120968
Melbourne
Gender: male

Re: Inquiry - The Case For Rent Caps Mounts
Reply #15 - Jul 13^th, 2026 at 12:00pm

freediver wrote on Jul 12^th, 2026 at 5:37pm:

If median income earners need the government to dictate the price of their rent or
give them public housing, we are pretty much communist.

Albo has created that communism -
his immigration policies ensure that there are millions of impoverished people
even if they have full time jobs.
Communism needs as many people as possible living in misery for Labor to survive.

Back to top

IP Logged

thegreatdivide

Gold Member

Offline

Australian Politics 

Posts: 15532
Gender: male

Re: Inquiry - The Case For Rent Caps Mounts
Reply #16 - Jul 13^th, 2026 at 12:38pm

Bobby. wrote on Jul 13^th, 2026 at 12:00pm:

freediver wrote on Jul 12^th, 2026 at 5:37pm:

If median income earners need the government to dictate the price of their rent or
give them public housing, we are pretty much communist.

Albo has created that communism -

No, educate yourself; 3 decades of housing as a private investment vehicle, aided and abetted by Howard's disastrous 1990s CGT and NG policies, combined with excess demand caused by high immigration, has resulted in unaffordable housing, in contrast to affordable rents (whether public or private) or mortgages, under "communist" Menzies during the Keynesian 'welfare state' era.

Quote:

....policies ensure that there are millions of impoverished people
even if they have full time jobs.
Communism needs as many people as possible living in misery for Labor to survive.

You have it back to front: Menzies was "communist" - ie, housed everyone - while Albo is the free marketeer, though he is now attempting to reverse 3-decades of disastrous tax policy which has resulted in unaffordable housing (rents or mortgages) for mean wage earners.

Back to top

IP Logged

Bobby.

Gold Member

Offline

Australian Politics

Posts: 120968
Melbourne
Gender: male

Re: Inquiry - The Case For Rent Caps Mounts
Reply #17 - Jul 13^th, 2026 at 8:54pm

thegreatdivide wrote on Jul 13^th, 2026 at 12:38pm:

You have it back to front: Menzies was "communist" - ie, housed everyone - while Albo is the free marketeer, though he is now attempting to reverse 3-decades of disastrous tax policy which has resulted in unaffordable housing (rents or mortgages) for mean wage earners.

Albo brought millions of people here - he caused it. Shocked

Back to top

IP Logged

MattE Gold Member Offline Australian Politics Posts: 517 Gender:	Re: Inquiry - The Case For Rent Caps Mounts Reply #18 - Jul 14^th, 2026 at 6:41pm Rent caps don't work. If rent caps are introduced, investors don't bother increasing the supply. Existing investors spend less on maintenance which means tenants go without. Down the road rents increase due to limited supply. It never works.
Back to top	IP Logged

MattE

Gold Member

Offline

Australian Politics

Posts: 517
Gender: male

Re: Inquiry - The Case For Rent Caps Mounts
Reply #19 - Jul 14^th, 2026 at 6:44pm

thegreatdivide wrote on Jul 13^th, 2026 at 12:38pm:

Bobby. wrote on Jul 13^th, 2026 at 12:00pm:

freediver wrote on Jul 12^th, 2026 at 5:37pm:

If median income earners need the government to dictate the price of their rent or
give them public housing, we are pretty much communist.

Albo has created that communism -

No, educate yourself; 3 decades of housing as a private investment vehicle, aided and abetted by Howard's disastrous 1990s CGT and NG policies, combined with excess demand caused by high immigration, has resulted in unaffordable housing, in contrast to affordable rents (whether public or private) or mortgages, under "communist" Menzies during the Keynesian 'welfare state' era.

Quote:

....policies ensure that there are millions of impoverished people
even if they have full time jobs.
Communism needs as many people as possible living in misery for Labor to survive.

You have it back to front: Menzies was "communist" - ie, housed everyone - while Albo is the free marketeer, though he is now attempting to reverse 3-decades of disastrous tax policy which has resulted in unaffordable housing (rents or mortgages) for mean wage earners.

I have never understood this argument that the 50 percent capital gains tax discount is the cause of the housing issue.

It makes no sense.

Capital gains tax is a relatively new tax in Australia. It was introduced in September 1985. Before this point in time, there was no capital gains tax.

So why wasn't there a housing crisis from 1901 through to 1985?

Back to top

IP Logged

thegreatdivide

Gold Member

Offline

Australian Politics 

Posts: 15532
Gender: male

Re: Inquiry - The Case For Rent Caps Mounts
Reply #20 - Jul 14^th, 2026 at 7:36pm

MattE wrote on Jul 14^th, 2026 at 6:44pm:

thegreatdivide wrote on Jul 13^th, 2026 at 12:38pm:

Bobby. wrote on Jul 13^th, 2026 at 12:00pm:

freediver wrote on Jul 12^th, 2026 at 5:37pm:

If median income earners need the government to dictate the price of their rent or
give them public housing, we are pretty much communist.

Albo has created that communism -

No, educate yourself; 3 decades of housing as a private investment vehicle, aided and abetted by Howard's disastrous 1990s CGT and NG policies, combined with excess demand caused by high immigration, has resulted in unaffordable housing, in contrast to affordable rents (whether public or private) or mortgages, under "communist" Menzies during the Keynesian 'welfare state' era.

Quote:

....policies ensure that there are millions of impoverished people
even if they have full time jobs.
Communism needs as many people as possible living in misery for Labor to survive.

You have it back to front: Menzies was "communist" - ie, housed everyone - while Albo is the free marketeer, though he is now attempting to reverse 3-decades of disastrous tax policy which has resulted in unaffordable housing (rents or mortgages) for mean wage earners.

I have never understood this argument that the 50 percent capital gains tax discount is the cause of the housing issue.

It makes no sense.

Capital gains tax is a relatively new tax in Australia. It was introduced in September 1985. Before this point in time, there was no capital gains tax.

So why wasn't there a housing crisis from 1901 through to 1985?

Capital gains taxes are meant to encourage investment in productive enterprise.

But Howard supercharged investment in non-productive housing via NG; houses are for living in, as opposed to consumption which encourages (risky?) productive enterprise.

Hence , in a high immigration, rapid capital gains via increasing house prices scenario, "investors" turned to real estate to make money, resulting a growing rent-seeking class while home ownership rates fell.

The pre WW2 situation is complicated by war and depression, but the post WW2 situation is ealier to explain.

1. Keynesian 'welfare state' era 1946 - 1970s (no actual welfare because Oz had full employment and housing for all, whether public or private):

2. Ascendency of Neoclassical "small government /privatization economics from 1980s on, because the 70s Arab oil embargoes and increasing competition from Asia undermined the cost structure in the West which created 'stagflation' (unemployment and inflation at the same time); economists developed the wrong solutions in an attempt to fix problems related to global events/globalization, with 'comparative advantage'-based free trade.

Fast forward to today: democracies are beginning to buckle under growing housing, cost of living, and inequality crises.

Back to top

IP Logged

thegreatdivide

Gold Member

Offline

Australian Politics 

Posts: 15532
Gender: male

Re: Inquiry - The Case For Rent Caps Mounts
Reply #21 - Jul 15^th, 2026 at 11:56am

Bobby. wrote on Jul 13^th, 2026 at 8:54pm:

thegreatdivide wrote on Jul 13^th, 2026 at 12:38pm:

You have it back to front: Menzies was "communist" - ie, housed everyone - while Albo is the free marketeer, though he is now attempting to reverse 3-decades of disastrous tax policy which has resulted in unaffordable housing (rents or mortgages) for mean wage earners.

Albo brought millions of people here - he caused it. Shocked

Menzies built the Snowy scheme using labour got by massive post war immigration from war-ravaged Europe - while housing and employing everyone.

Educate yourself.

Back to top

IP Logged

Grappler Racist Filth

Gold Member

Offline

Australian Politics

Posts: 90487
Proud Old White Australian Man
Gender: male

Re: Inquiry - The Case For Rent Caps Mounts
Reply #22 - Jul 15^th, 2026 at 1:32pm

Australia was a mix of socialist thought and free enterprise without being communist in that the industries were all state run or ostensibly held by the people while the reality is they were held by the communist honchoes 'for' the people' - thus making the people actual servants of the state rather than its owners, and subject to being 'corrected' at any time.

Not all capitalism is bad, not all socialism is bad... it is the extremes of human greed that make them bad in their outcomes.

Albo is hopeless, he is somewhere lost in the fields of leftist fantasy while working diligently to promote the interests of robber baron capitalism all over again.. like ever so many these days, he seriously imagines that some theory of life is reality..

Meantime all this feeding of pay rises to the 'lowest paid' - interestingly again where the claim is that women predominate in the numbers in those areas (while actually receiving on average 6.3% more per actual working hour than men) - poor dears - and the real point made last night was that bracket creep would not only negate rises, but that it would fulfil the dream of more dollars coming to the government - creating the overly strong central government that Labour (sic) used to abhor (along with elitism etc which fills its ranks) ..

What we last need is a government with its hands on so many dollars that it can just hand them around like chaff in a hurricane... as it currently does - look at the NDIS in the hands of women 'managers' - a rat fight of the highest proportions in every way, and a clear avenue of handing unearned cash from treasury to countless rorters... Usual Suspects ... by allowing 'unregistered providers' - hello - to sign up all their cousins with the same name and features... cousin marriage -

..... no, no, no .... that not my cousin Mohamed sign up with my cousin Fatima... that her cousin Mohammed sign up with me - all look same - here is taxi licence of whole family - even sister look same .... you pay $140 an hour now to provide for Mohammed disability? ...

Back to top

“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

IP Logged

thegreatdivide

Gold Member

Offline

Australian Politics 

Posts: 15532
Gender: male

Re: Inquiry - The Case For Rent Caps Mounts
Reply #23 - Jul 16^th, 2026 at 11:30pm

Grappler Racist Filth wrote on Jul 15^th, 2026 at 1:32pm:

Australia was a mix of socialist thought and free enterprise without being communist in that the industries were all state run or ostensibly held by the people while the reality is they were held by the communist honchoes 'for' the people' - thus making the people actual servants of the state rather than its owners, and subject to being 'corrected' at any time.

Your usual ramblings obscuring the facts; the Keynesian post ww2 'welfare state' economy (1946-70s) - also under Conservative Menzies (who tried to outlaw communism but was defeated by the courts and the people in a referendum) - is considered the "golden age of capitalism".

Quote:

Not all capitalism is bad, not all socialism is bad... it is the extremes of human greed that make them bad in their outcomes.

That's the best thing you'll say in your post....though not much more than a 'bet each way'....

Quote:

Albo is hopeless, he is somewhere lost in the fields of leftist fantasy while working diligently to promote the interests of robber baron capitalism all over again..

Albo is a 'centre Left' politician following the dictates of the post Friedman/Thatcher Neoliberal 'small government/privatization' religion.

Quote:

like ever so many these days, he seriously imagines that some theory of life is reality.

Deep......translation: sovereign citizens - Libertarians - possess the truth about human relationships. Law adjucating between individuals' opposing interests be damned.

Quote:

Meantime all this feeding of pay rises to the 'lowest paid' - interestingly again where the claim is that women predominate in the numbers in those areas

What - in a cost of living crisis in an economy where women are expected to be finacially independent, and more often (on average) work in lower paid 'caring' industries (eg child care) - you are bleating about lifting the minimum wage? So you want to claim child care centres have as many male as female workers...

Try googling the stats....

Quote:

(while actually receiving on average 6.3% more per actual working hour than men) - poor dears - and the real point made last night was that bracket creep would not only negate rises, but that it would fulfil the dream of more dollars coming to the government - creating the overly strong central government that Labour (sic) used to abhor (along with elitism etc which fills its ranks) ..

RW crap:

1. Guess why women end up with less super on average than men, over their working lives....

2. Labor in the Keynesian 'welfare state' era wanted to nationize the Oz banking system and maintain public housing:

"During the post-WWII Keynesian era, the Australian Labor Party (ALP) led by Prime Minister Ben Chifley pursued an aggressive socialist and welfare-state agenda. They passed the Banking Act 1947 to nationalize private banks and established the Commonwealth–State Housing Agreement to drive mass public housing construction.

...socialism to the core.

For someone who claims to serve "facts", you are a total failure.

Quote:

What we last need is a government with its hands on so many dollars that it can just hand them around like chaff in a hurricane...

Er,... the government is crowing about lowering taxes on working people , and cutting the NDIS , certainly not spending like "chaff in a hurricane". In fact the govt. is not even providing the public housing needed to house low income workers in a private sector housing unaffordability crisis (rents or mortgages).

Quote:

as it currently does - look at the NDIS in the hands of women 'managers' - a rat fight of the highest proportions in every way, and a clear avenue of handing unearned cash from treasury to countless rorters... Usual Suspects ... by allowing 'unregistered providers' - hello - to sign up all their cousins with the same name and features... cousin marriage -

The privatization dogma is the problem: a govt managed NDIS, staffed by public sector workers with specified tasks matched to disabled-recipients needs would shut out all the rorters.

Back to top

« Last Edit: Jul 16^th, 2026 at 11:35pm by thegreatdivide »

IP Logged

Baronvonrort

Gold Member

Offline

Australian Politics

Posts: 20679
Gender: male

Re: Inquiry - The Case For Rent Caps Mounts
Reply #24 - Jul 17^th, 2026 at 6:14pm

whiteknight wrote on Jul 11^th, 2026 at 4:01am:

Inquiry: The case for rent caps mounts

2026-07-07
greens.org.au
The fifth hearing of the Greens-led Senate Inquiry into intergenerational housing inequity, held in Sydney today, showed an increasing number of experts support the case for rent caps, as renters face runaway rent increases.

Greens showing everyone they're economic illiterates again.

Quote:

Apartment rents are down and supply is up 170% in Buenos Aires since Argentina scrapped all rental regulations

Buenos Aires is seeing a rental market boom.

Since last October, rents have fallen 40% and supply has skyrocketed over 170%, according to The Wall Street Journal.

The increasing affordability comes after Argentina did away with restrictions on year-to-year rent increases, which sent initial lease prices soaring and locked up some of the city's available supply.

Under former President Alberto Fernández, the country employed rent controls to minimize rent hikes starting in 2020.

Prices are now easing as Javier Milei, the country's recently elected president, is working to get rid of strict price controls on everything from rent to food to clothing.

Those controls are leftovers from Fernández's left-wing policies and Fair Prices initiative.

https://www.businessinsider.com/rents-apartment-supply-argentina-price-controls-...

The Greens are a pox on Australia they have no idea on economics

Back to top

Leftists and the Ayatollahs have a lot in common when it comes to criticism of Islam, they don't tolerate it.

IP Logged

thegreatdivide

Gold Member

Offline

Australian Politics 

Posts: 15532
Gender: male

Re: Inquiry - The Case For Rent Caps Mounts
Reply #25 - Jul 17^th, 2026 at 6:33pm

Grappler Racist Filth wrote on Jul 15^th, 2026 at 1:32pm:

Australia was a mix of socialist thought and free enterprise without being communist in that the industries were all state run or ostensibly held by the people while the reality is they were held by the communist honchoes 'for' the people' - thus making the people actual servants of the state rather than its owners, and subject to being 'corrected' at any time.

Your usual ramblings obscuring the facts; the Keynesian post ww2 'welfare state' economy (1946-70s) - also under Conservative Menzies (who tried to outlaw communism but was defeated by the courts and the people in a referendum) - is considered the "golden age of capitalism".

Quote:

Not all capitalism is bad, not all socialism is bad... it is the extremes of human greed that make them bad in their outcomes.

That's the best thing you'll say in your post....though not much more than a 'bet each way'....

Quote:

Albo is hopeless, he is somewhere lost in the fields of leftist fantasy while working diligently to promote the interests of robber baron capitalism all over again.. like ever so many these days, he seriously imagines that some theory of life is reality..

Albo is a 'centre Left' politician following the dictates of the post Friedman/Thatcher Neoliberal 'small government/privatization' religion.

Quote:

Meantime all this feeding of pay rises to the 'lowest paid' - interestingly again where the claim is that women predominate in the numbers in those areas (while actually receiving on average 6.3% more per actual working hour than men) - poor dears -

What - in a cost of living crisis in an economy where women are expected to be finacially independent, and more often (on average) work in lower paid 'caring' industries (eg child care) - you are bleating about lifting the minimum wage? So you want to claim child care centres have as many male as female workers...

Try googling that stats.

Quote:

What we last need is a government with its hands on so many dollars that it can just hand them around like chaff in a hurricane... as it currently does - look at the NDIS in the hands of women 'managers' - a rat fight of the highest proportions in every way, and a clear avenue of handing unearned cash from treasury to countless rorters... Usual Suspects ... by allowing 'unregistered providers' - hello - to sign up all their cousins with the same name and features... cousin marriage -

1. Guess why women end up with less super on average than men, over their working lives....

2. Labor in the Keynesian 'welfare state' era wanted to nationize the Oz banking system and maintain public housing: (google)

"During the post-WWII Keynesian era, the Australian Labor Party (ALP) led by Prime Minister Ben Chifley pursued an aggressive socialist and welfare-state agenda. They passed the Banking Act 1947 to nationalize private banks and established the Commonwealth–State Housing Agreement to drive mass public housing construction.

...socialism to the core.

For someone who claims to serve "facts", you are a total failure.

Quote:

What we last need is a government with its hands on so many dollars that it can just hand them around like chaff in a hurricane...

Er,... the government is crowing about lowering taxes on working people , and cutting the NDIS , certainly not spending like "chaff in a hurricane". In fact the govt. is not even providing the public housing needed to house low income workers in a private sector housing unaffordability crisis (rents or mortgages).

Quote:

as it currently does - look at the NDIS in the hands of women 'managers' - a rat fight of the highest proportions in every way, and a clear avenue of handing unearned cash from treasury to countless rorters... Usual Suspects ... by allowing 'unregistered providers' - hello - to sign up all their cousins with the same name and features... cousin marriage -

The privatization dogma is the problem: a govt-managed NDIS, staffed by public sector workers with specified tasks matched to disabled-recipients needs, would shut out all the rorters. i

Back to top

IP Logged

thegreatdivide

Gold Member

Offline

Australian Politics 

Posts: 15532
Gender: male

Re: Inquiry - The Case For Rent Caps Mounts
Reply #26 - Jul 17^th, 2026 at 6:47pm

Baronvonrort wrote on Jul 17^th, 2026 at 6:14pm:

[quote author=stillcrook link=1783706480/0#0 date=1783706480]Inquiry: The case for rent caps mounts

2026-07-07
greens.org.au
The fifth hearing of the Greens-led Senate Inquiry into intergenerational housing inequity, held in Sydney today, showed an increasing number of experts support the case for rent caps, as renters face runaway rent increases.

Greens showing everyone they're economic illiterates again.

Apartment rents are down and supply is up 170% in Buenos Aires since Argentina scrapped all rental regulations

Buenos Aires is seeing a rental market boom.

Since last October, rents have fallen 40% and supply has skyrocketed over 170%, according to The Wall Street Journal.

The increasing affordability comes after Argentina did away with restrictions on year-to-year rent increases, which sent initial lease prices soaring and locked up some of the city's available supply.

Under former President Alberto Fernández, the country employed rent controls to minimize rent hikes starting in 2020.

Prices are now easing as Javier Milei, the country's recently elected president, is working to get rid of strict price controls on everything from rent to food to clothing.

Those controls are leftovers from Fernández's left-wing policies and Fair Prices initiative.

https://www.businessinsider.com/rents-apartment-supply-argentina-price-controls-...

[google]:

Following macroeconomic stabilization, the poverty rate in the City of Buenos Aires dropped to 17.3%, down significantly from highs seen in previous years.

However, the economic reality for many residents remains difficult due to the following factors:

Rising Homelessness:

Despite the recent drop in official poverty rates, the number of people living on the streets in Buenos Aires reached record highs, with a nearly 28% increase in homelessness reported by local NGOs. Many individuals have been displaced by rising rent prices and the high cost of living.

Gap in Wages vs. Costs:

A significant disparity remains between wages and the cost of living in the capital. For example, a minimum wage of 352,400 pesos is often insufficient to cover basic monthly needs, which local studies estimate at around 1.5 million pesos (about $1,000 USD).

Economic Strain:

Subsistence challenges persist across the metropolitan area. Many households continue to rely on informal, precarious work and there has been a reported increase in people having to scavenge or rely on community soup kitchens to get by.

Quote:

The Greens are a pox on Australia they have no idea on economics

..neither do you.

Meanwhile (google)

Sydney's median house price has surged to a record high of $1.79 million, though the market has recently shown signs of cooling with inner-city and waterfront suburbs seeing price drops. Despite this recent pullback, housing affordability remains near historical lows, with the owner-occupier rate slumping to a 70-year low

...a wealthy rent-seeker's paradise...

Back to top

IP Logged

Daves2017 Gold Member Online Australian Politics Posts: 3432 Gender:	Re: Inquiry - The Case For Rent Caps Mounts Reply #27 - Jul 17^th, 2026 at 10:16pm The sad fact is it’s majority owned as investments by overseas investors. Who just quietly, wouldn’t allow an Australian to buy in their land. Our government is so pathetic that overseas investors just can’t believe their luck!!
Back to top	Win or die? Tomorrow we fight! IP Logged

thegreatdivide

Gold Member

Offline

Australian Politics 

Posts: 15532
Gender: male

Re: Inquiry - The Case For Rent Caps Mounts
Reply #28 - Jul 18^th, 2026 at 12:22pm

Daves2017 wrote on Jul 17^th, 2026 at 10:16pm:

The sad fact is it’s majority owned as investments by overseas investors.

Who just quietly, wouldn’t allow an Australian to buy in their land.

Our government is so pathetic that overseas investors just can’t believe their luck!!

What's majority owned?

But yes, governments abandoned the public housing required to house low income groups, over the last 3 decades.

So here we are, courtesy of disastrous Neoclassical privatization dogma.

Back to top

IP Logged

Captain Nemo Gold Member Offline Australian Politics Posts: 16088 Melbourne Gender:	Re: Inquiry - The Case For Rent Caps Mounts Reply #29 - Jul 18^th, 2026 at 1:46pm Whenever governments interfere in a market, chaos ensues.
Back to top	Fire the LIAR in 2028! IP Logged