Originally Posted by
Balance
Stabilising house prices is easy if there is political will :
1. Increase supply - government embarks on a massive new housing initiative & infrastructure upgrade. Learn from countries like Singapore & China.
2. Target speculation to curb demand - increase LVRs, CGT or other tax measures and land tax.
3. Differential lending capital adequacy to assist first home buyers.
4. Get rid of the RMA ASAP.
I will be watching the above - will mean increased demand & supply for affordable housing.
Should shift tens of billions of dollars into share market.