Treasurer Jim Chalmers said ‘there are too many properties empty around Australia’ as tight supply leaves many renters struggling to find somewhere to live.
They mention “the city”, I interpret it as the same situation as what used to be mine, owned my main residence in a city but not in THE city so prices are lower but most jobs are outside of the city I lived in, that allowed me to buy a second residence out in the woods for cheap, but I couldn’t live there full time (no water in winter, floor isn’t insulated).
Mate, I earn below median wage and I could buy a “holiday home”. This isn’t something fancy, it’s a shitty old house in the bush.
What I can’t afford is a house where jobs and people are, the city.
A holiday home is a second home. If you don’t have a home already and that’s what you purchase, it’s not your holiday home, it’s your only home.
They mention “the city”, I interpret it as the same situation as what used to be mine, owned my main residence in a city but not in THE city so prices are lower but most jobs are outside of the city I lived in, that allowed me to buy a second residence out in the woods for cheap, but I couldn’t live there full time (no water in winter, floor isn’t insulated).
If you don’t live there, it’s not your home.
You’re almost there.
Just a little further.
You don’t get it mate.
It’s okay though.
Then where do you live?
In the house I rent?
So wouldn’t the fees be proportional to the price? The added taxes on a tiny cheap holiday home would be cheap too.