Housing Crisis 1983 vs 2023, Part 3: The Solution

https://twitter.com/jack_toohey/status/1670709581264334850

21 points · 3 comments · view on lemmy.world

3 Comments

a1studmuffin@aussie.zone · 3 pts · 3y (4 replies)

Us aussies are such weirdos about property. We're one of the few countries in the world that auction property as a standard form of sale. Property is so deeply engrained in our cultural values and identity that I can't see anything changing for at least a generation or two, even if those generations can't afford it. The aussie dream of home ownership won't die quietly.

snacksthanks@lemmy.world · 4 pts · 3y (3 replies)
[ removed ]
a1studmuffin@aussie.zone · 4 pts · 3y (1 reply)

Absolutely, but again Australia are weirdos in this regard. Our rental leases are 12 months as standard. In Europe it's common to have longer leases, like 10-15 years. Plus we have hardly any public housing (a quick google tells me 2.5% of all dwellings in Victoria) versus anywhere from 3-34% for Europe (depending on which country you're looking at). Conditions for renters would be so much better with these issues addressed.

snacksthanks@lemmy.world · 1 pts · 3y
[ removed ]
vividspecter@lemmy.world · 2 pts · 3y

Other countries have far better renter rights as well, although there has been a bit of movement on that in some states.