Joel Dignam
@JoelDignamED, @BetterRentingAU. Three-time champion, "Capital Punishment". Tilling the epistemic commons. (he/him)
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On point. These prices have nothing to do with rental yields and everything to do with capital gains (almost entirely land appreciation).
Seems crazy but a terrific place to store wealth. 10% pa growth ($290k 31 years ago) all tax free.
Today we released our 2024 Cost of Renting Report based on a survey of 1400+ renters earlier this year. We focused on affordability issues related to rental costs ... 🧵
Um, I'm fairly sure increasing take home pay will inject money into the economy.
Finally they have begun taking my advice. x.com/JEChalmers/sta…
Feels like Labor has a pretty good story to tell here. Inflation peaked shortly after they came to office and has been falling since.
What we need is some sort of superNACC to monitor the NACC itself for corruption. Then this superNACC just needs to not be corrupt and everything is sorted.
Feels like Labor has a pretty good story to tell here. Inflation peaked shortly after they came to office and has been falling since.
It is trivially easy to identify cases of ACT real estate agents breaking the law on rent bidding.
I think it's possible there will be an interest rate cut in the next 4 months. It's also possible that rent increases will keep getting smaller and maybe in some cases go negative. If so, it will be correlation, not causation.
I know there are many anecdotes of landlords claiming interest rates as an excuse for higher rents. But the absence of a relationship is clear in the data: (from @GeorgistSteve ) 5/5
Under the guise of State ‘good design’, Labor has announced that developments over three storeys will head straight to the Minister’s desk, bypass the planning system, and lock out communities further. Karl Marx would be proud.
On the edge of my seat for Qld election. Miles has worked wonders. If ALP wins I will exuberantly join the Queensland ALP, only to performativity resign one month later as soon as they let me down.
Overnight we passed the most significant rental reforms for NSW in over a decade. Creating a fairer and more affordable rental system for the more than 2 million renters in this state.
Something like this also needed in Australia. Discourage frivolous evictions and reduce the negative impact on tenants.
⚠️There are hopes that renters in Wales could be exempt from paying the last two months of rent if they are evicted through no fault of their own ⚠️ This is a policy we recommended, read more about it in our blog below👇👇 generationrent.org/2024/10/25/wel…
⚠️There are hopes that renters in Wales could be exempt from paying the last two months of rent if they are evicted through no fault of their own ⚠️ This is a policy we recommended, read more about it in our blog below👇👇 generationrent.org/2024/10/25/wel…
The Museum of Australian Democracy (MoAD) repeated the canard that higher interest rates = higher rents. Now thoroughly debunked by RBA: rba.gov.au/publications/b…
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