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Tiger5150

First Grade
Messages
5,032
Is it possible the supply of money is unequally distributed?
Supply of money is a factor of earnings and equity. All things being equal, money is distributed equally on the basis of these two things only. When you artificially drive up prices by artificial demand, you drive down equity and remove many from access to money and property.
 

AnonymousLurker

Juniors
Messages
2,308
Negative gearing and CGT play a part, but the real issue is population growth. Since 2000 we’ve added about 8 million people basically added 40% of that population in 25 years. We haven’t built enough to supply this and we are a country with population centred around a few cities

There’s only so much money and resources to go around, so the people at the bottom cop it. Crazy house prices and shit supply are by product
 

T-Boon

Coach
Messages
17,937
If you look at this wallabies crowd you can see how cool it looks if a lot of the crowd wears yellow/gold. We need to have a game the players and club promote that we all wear yellow shirts/jerseys.
We are the only RL team that can do this because yellow is by far the best color to use as it stands out like dogs balls and only the Eels have the yellow jersey.
It is lazy to not have brought this in years ago when I called for it.
 

T-Boon

Coach
Messages
17,937
I am watching wallabies v argentina. I had forgotten that rugby is a good sport. It has a randomness / variety of play to it that rugby league has lost over the last 20 years.
 

Poupou Escobar

Post Whore
Messages
97,555
Negative gearing and CGT play a part, but the real issue is population growth. Since 2000 we’ve added about 8 million people basically added 40% of that population in 25 years. We haven’t built enough to supply this and we are a country with population centred around a few cities

There’s only so much money and resources to go around, so the people at the bottom cop it. Crazy house prices and shit supply are by product
This is why the wealthier you are, the more pro-immigration you are likely to be.
 

Tiger5150

First Grade
Messages
5,032
Negative gearing and CGT play a part, but the real issue is population growth. Since 2000 we’ve added about 8 million people basically added 40% of that population in 25 years. We haven’t built enough to supply this and we are a country with population centred around a few cities

There’s only so much money and resources to go around, so the people at the bottom cop it. Crazy house prices and shit supply are by product
100% what I have been saying.
 

Tiger5150

First Grade
Messages
5,032
Maybe they should be building houses instead of buying them. If only we could incentivise that instead of just boosting the price of existing stock.
They are but the rate of increase of demand outstrips supply and more critically outstrips resources (trained trades). The quality of builds has fallen through the floor in the last 10 years.
 

Poupou Escobar

Post Whore
Messages
97,555
Is it really? Can you explain to me how money supply isnt dependent on earnings and equity and how rising house prices doesnt drive down equity?
Because earnings and equity aren’t even close to being equal. Even the types of immigrants we are preferring are more likely to be able to afford an existing house than to contribute to building new ones.
 

Tiger5150

First Grade
Messages
5,032
Because earnings and equity aren’t even close to being equal. Even the types of immigrants we are preferring are more likely to be able to afford an existing house than to contribute to building new ones.
i never said that they are equal, I said that earnings and equity are the only barriers to money and all else is equal. If you have the earnings and/or equity you can get money but artificially increased demand artificially increases prices which drives down equity and excludes more people from money and markets.
 
Messages
2,765
I haven’t taken much notice of this topic, though as generic as this sounds everything is relevant compared to 30 plus years ago, though there were very tough times for our parents re interest rates in 80’s and 90’s
 

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