Australian State Government deliberately keeping land prices high

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	Australian State Government deliberately keeping land prices high

leevardi

6-19-2009 10:34 PM

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6-20-2009 1:10 AM

leevardi

Australian real estate manipulation to feed vested interests ie governments, moneylenders and real estate developers is a scandal of monumental proportions. Australians are being "ripped off" BIG time.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/9e95558b-0498-4346-857d-5dcaa919f95b/49DF839A-4D45-4A5B-98CF-5F480CDD35AC/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.prosper.org.au/2009/06/19/brumby-panders-to-land-bankers-yet-again/" href="http://www.prosper.org.au/2009/06/19/brumby-panders-to-land-bankers-yet-again/" style="font-size: 11px;">www.prosper.org.au</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.prosper.org.au/2009/06/19/brumby-panders-to-land-bankers-yet-again/"><H2 class="postname"><A href="http://www.prosper.org.au/2009/06/19/brumby-panders-to-land-bankers-yet-again/">Brumby panders to land bankers yet again</A></H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.prosper.org.au/2009/06/19/brumby-panders-to-land-bankers-yet-again/"><P>
The Brumby-Madden announcement to increase Melbourne by the equivalent size of Canberra is exasperating.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.prosper.org.au/2009/06/19/brumby-panders-to-land-bankers-yet-again/"><P>100,000 vacant sites already exist in Melbourne in areas already serviced by infrastructure (according to the recent census). </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.prosper.org.au/2009/06/19/brumby-panders-to-land-bankers-yet-again/"><P>The government has failed us economically. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.prosper.org.au/2009/06/19/brumby-panders-to-land-bankers-yet-again/"><P>The have failed us environmentally. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.prosper.org.au/2009/06/19/brumby-panders-to-land-bankers-yet-again/"><P>The have failed on inter-generational equity too</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.prosper.org.au/2009/06/19/brumby-panders-to-land-bankers-yet-again/"><P>The social costs in hours of commuter time will rob young families from the quality time they need.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.prosper.org.au/2009/06/19/brumby-panders-to-land-bankers-yet-again/"><P>And to think this is headlined <A href="http://www.gaa.vic.gov.au/index/">Delivering Melbourne’s newest sustainable communities
</A></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.prosper.org.au/2009/06/19/brumby-panders-to-land-bankers-yet-again/"><P>With over 225,000 rezonings announced in 2008, why haven’t housing prices fallen significantly with the combined effect of the GFC and this added land supply?</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.prosper.org.au/2009/06/19/brumby-panders-to-land-bankers-yet-again/"><P>Reason - any land supply is drip fed back onto the market to maintain profits.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.prosper.org.au/2009/06/19/brumby-panders-to-land-bankers-yet-again/"><P>We call on the government to explain why the massive rezonings from last year have not assisted affordability.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.prosper.org.au/2009/06/19/brumby-panders-to-land-bankers-yet-again/"><P>First home buyers are being held to ransom by such monopoly powers. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/49DF839A-4D45-4A5B-98CF-5F480CDD35AC/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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