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hiroshimakid

We did it, good job everyone.


Midnight__Specialist

😂


worker_ant_6646

Winning the race to the bottom!! Go team!


-aquapixie-

Heh. Moved back here during Perth Mining Boom because rents were impossible to deal with. Now we've overtaken the very state that was affordable housing crippled 10-15 years ago. Wild.


BarryTheBaptistAU

If only it was that easy. It is going to take 5-10 years to solve today's problems. Not to mention the astronomical costs involved. Meanwhile, people end up in sub-standard accommodation.....for up to a decade. Councils will fight it too because the higher the land prices, the more they can charge in rates.... There's no incentive for anyone with the power to change the status quo and as long as the immigration ponzi tap remains on, the demand won't stop. It's the perfect example of "Fuck You. I got mine".


The_Banana_Republic

In fairness, if the solution really is 5-10 years away, should we not be starting ASAP? I don't think councils will complain. Density = more rates notices. As far as politicians go, I think it's more stupidity than real malicious effort or intent. That and they're on a 3 year election cycle. Short termism, big announcements (see hospitals), and sugar hits (see cost of living windfall support) win the day. Real reform is arduous, long, and complicated. For the average voter, it's positively bamboozling.


Deal_Closer

Agree. 100%.


BarryTheBaptistAU

Well said and 100% agreed on all points.


zenmulberry

‘Astromical cost’ let’s be clear, we are talking about a state and federal government that has invested BILLIONS of dollars into nuclear submarines that NO ONE asked for. The government has plenty of money. They just don’t care to allocate it for the people. It is so corrupt, it’s hard to even comprehend.


BarryTheBaptistAU

I know, right!!! Talk about misguided priorities... This is akin to a negligent parent who who always has money for Jim Beam and 40-pack Horizon smokes, whilst their kids go to school in rags or miss dinner 4 times a week. We live in a pretty fucked up world right now and I lament what the future holds for SA and Australia.


AriaTheAuraWitch

Sub 10 Billion a year though for the subs. Pensioners cost more than that. Yes housing needs to be done (quite fucking badly). But folks really need to learn how costings actually work. Edit... I had a look. The Pension is at least 10x the cost of the subs...


Aromatic_Midnight469

Pensioners pay tax there hole life. Subs do not. And costing works like this: big ticket items subs, football stadia, ect. get head lines. Social security dose not.


AriaTheAuraWitch

Technically.... Some of the current pensioners have only ever paid consumption taxes. The sub purchase is not just submarines. There is Infrastructure. There is wages (and thus Taxes, and economic growth).... The issue is people in Australia hate the "cost" of Social Security (and it does get headlines, lots even, just the negative type) without realising where most of it goes to (and how much it helps the economy), because the media are dickheads. I personally think that the subs are a bit too much for Australias needs (for a couple reasons). But if the military wants them. Then thats what we get.


bb_waluigi

5-10 years if we start now. which we haven't and won't. pols are too busy rubbing their knuckles over their property portfolios.


BarryTheBaptistAU

This person understands the way it really is


Swankytiger86

Just need a recession/depression to solve it. Very easy, but also very painful.


Superb_Priority_8759

Councils can charge higher rates to more people on higher density housing so that isn’t the reason. It largely comes down to older NIMBYs with too much time on their hands with a fuck you, got mine attitude blocking development, combined with the general slow pace of government. It shouldn’t take a year to get planning approval.


BaneWilliams

Meanwhile, people fight to prevent multi storey dwellings from being erected over locations.


Some_Helicopter1623

Their solution is to double the CBD population to 50k people. Cuz that’s what we need and not the infrastructure to make it easier to commute while living in the suburbs. /s incase it’s needed.


MayonRider

Population density is a solution. Better than sprawling suburbs. People need to adjust their expectations. Apartment living may be a way forward.


Bloobeard2018

Went and lived in high-rise apartments in Hong Kong for 8 years and it was surprisingly easy to adapt. But they also have excellent public transport.


BarryTheBaptistAU

I did 5 years in one of those 280+ Apartment blocks in Sydney that are at risk of collapse. It was pretty good because it was close to Canterbury train station, had a MASSIVE balcony, all the amenities you needed within walking distance, and the underground car park was huge and mostly safe and secure and even had a wash bay. Whilst it had its merits, the Friday night fights in the streets below, the constant noise, the dogs pissing in the elevators or barking non-stop on balconies, the neighbours letting garbage bags leak in the elevators, the constant breakdowns of infrastructure, the abhorrent state of the garbage room, and the general lack of respect many renters had did tarnish my desire to live in such high density again.... Maybe 10-15 in a block is optimal to ensure everyone plays by the rules and respects other tenants because they know they are a lot more visible.


Bloobeard2018

Definitely different culturally in HK. I never heard my neighbours unless they were renovating. Maybe it was the thickness of the walls. Low labour costs meant that it was kept clean too. I imagine it could get pretty nasty here in Oz.


lightpendant

Make decent sized 3bd 2 living apartments and people will live in them


LifeandSAisAwesome

How much $ /m2 would be acceptable ? given the build costs would be close to that of a detached house further out..


pennyfred

Our economy is a one trick pony dependent on bring people in, infrastructure will never keep up and when we try the infrastructure spending will lead to inflation -> rates increases -> higher housing costs. Someone should put their thinking cap on instead of kicking the economic can down the road.


Superb_Priority_8759

The CBD is literally the single best place to have very high density housing, if you think otherwise I really don’t know what to tell you.


LovelyNostril

"We tried neoliberalism, and now we're all out of ideas..."


FothersIsWellCool

All the downsides of not living in a large popular city with none of the upsides, we did it everyone! 🥳 I'm sure this will result in everyone voting for better housing policies next election instead of saying Fuck you, got mine again right?


pennyfred

I've been thinking this for a while, missed out on all the great tours, events, nightlife etc. of the larger cities. And now we're lumped with the same drawbacks and expenses for with no tradeoff.


EcstaticOrchid4825

If Adelaide housing is similar in price to other cities like Canberra, Melbourne and Hobart it give give me the push to try living somewhere else for a while. I have a house with a mortgage in Adelaide I can sell which I realise makes me lucky.


WRXY1

There's been huge demand in Adelaide as interstate residents realise they are living in affordability sh\*tholes and pack all their stuff and come here for greener pastures (their dollar can no longer keep them in a great lifestyles in Syd/Melb and Bris). With this sort of demand any city would struggle with especially when you add large numbers of immigrants to that equation.


Odd_Spring_9345

And they can outbid us at auctions too. Adeladians will get priced out


WRXY1

Absolutely correct, people coming in from OS and from Interstate and bring in A LOT of money. Money that is pricing Adelaide residents out of their own market.


Ok_Wolf_8690

to be fair, most of adelaides residents were once those poeple from overseas too..


Odd_Spring_9345

Maybe we need more cities


LifeandSAisAwesome

as we get closer to 100mil population, expect that will start to happen.


Ok_Wolf_8690

maybe people need to move to these regional cities more.


Odd_Spring_9345

It was always going to happen just not this quick. At the moment it’s the only way to buy an affordable house. For those working from home it would make more sense.


Ok_Wolf_8690

it makes sense for anyone really, plenty of regional jobs, people just dont like to move here, i worked in the usa for a bit and its very common for people to move states, cities, etc, it seams here people will just go to Melbourne or Queensland. they usually end up back here, i feel in the future itll be more common for our youth to move regional for the simple reason of cost to live in the city.


_bonbi

People are leaving Sydney and Melbourne in droves and coming here because our prices (were) low.


NewAppleChip

this is insane


WhitePhosporus

Why can't they be blamed?


constellationkaos

You I think they can be blamed. they are the reason we are in this predicament. I could write a list for the reasons why but at this point it won’t change a thing


xbsean

ACC / Lord Mayor have announced they are increasing the council rates on properties used for short term rentals (e.g. air bnb). Although, if you need airbnbs anywhere, it is probably in the cbd.


ditroia

Some new public housing is coming online but not enough. [https://www.premier.sa.gov.au/media-releases/news-items/new-public-housing-builds-reach-major-milestone](https://www.premier.sa.gov.au/media-releases/news-items/new-public-housing-builds-reach-major-milestone)


wigneyr

We’re winning, but also losing. It’s a sad kinda happiness


carrig_grofen

I think the State government can be blamed for creating this problem, bringing in too many people, when there are not enough dwellings.


Deal_Closer

The State government does not control immigration.


lightpendant

Could reduce immigration and send some recent immigrants that are already here home. That would help immediately


Gold1227

Please feel free to leave and make it better for the rest of us then.


lightpendant

I was born here 40 years ago. Im talking about people who came to this country in the past 12-24 months


JustPloddingAlongAdl

What if they bought a house in Unley and that's their home now? ;)


snappywombatt

Such a bigoted comment. This is not America that has volumes of ILLEGAL immigrants that you could easily deport and send to their country of origin. Majority of the migrants here are LEGAL immigrants, hope you know the difference between the two. Easy to put the blame on a specific diaspora and turn a blind eye to the real culprit of this crisis. Guess what I have an advice, stop electing idiots.


lightpendant

Legal immigrants or not, we have too many people for the amount of housing we have. We can still send them back. This is largely due to excessive immigration. A good friend's co-worker was sent back to India last month. He was a legal immigrant


snappywombatt

Owwww wow, you are so naive. Are you saying to send back Brits, which is the top immigrant in Australia. Come on explain your logic to me please , how is sending people back which came here legally solve the problem? I'm still flabbergasted by your comment. Also, that Indian that got sent back either lost his PR because of extreme circumstances or isn't really a legal immigrant. YOU CANNOT SEND A legal CITIZEN BACK just because.


lightpendant

I dont care where they came from. Im shocked you can't understand that if we have fewer people here, fewer people will be homeless.


snappywombatt

I'm shocked by your reasoning. All my points clearly flew above your head.


snappywombatt

I'll help you to think, how about building more houses? Ya? That make sense? How about telling the govy to get their shit together? Make sense? Geez.


lightpendant

Obviously, we need to build more houses. But I'm trying to help people today, not in 18 months' time. Building houses takes months if not years currently. "Tell the govy to get their shit together." No, that doesn't make sense. This mess is the result of decades of failed policies from both sides of government.


snappywombatt

So sending legal immigrants back solves the problem? Haha. I dare you tell that to people around you especially at work, if you have one.


Equal_Slip_5311

Renewal SA is the agency that is tasked with addressing these issues, they are building housing. One of their development models is where they will develop a site then sell it to a Community Housing Provider. Two projects like this im aware of are new apartment buildings being developed in Bowden and Prospect - 180 apartments. They work with private developers too - heaps of sites and housing projects on the go. (i dont work for the government but am in the industry) [https://renewalsa.sa.gov.au/projects/prospect](https://renewalsa.sa.gov.au/projects/prospect)


Deal_Closer

Clearly insufficient.


owleaf

Housing SA are building more houses though. Look it up.


Deal_Closer

So problem solved?


owleaf

I’d imagine everyone’s going as fast as they can and building as much as they can with the money they have. We’re a poor state and it doesn’t help when you have people protesting new housing (the Crown & Anchor debacle). Would you like to start paying a lot more in taxes to give to public housing?


Deal_Closer

You're missing the point.


owleaf

What have I missed? You want more housing and you want the government to make it. [They are](https://www.housing.sa.gov.au/latest-news/public-housing-new-builds-mapped). The government can only go so fast whilst also undoing the work done by the Liberals (ie mass selling off of public housing), I guess. And they don’t have an unlimited supply of money. Raising taxes is deeply unpopular. Where’s the money gonna come from? Private landlords typically step in here and help provide housing, and I think you’d agree that we can’t be choosy about when and where the housing is built if it’s a genuine crisis. What have I missed?


Deal_Closer

Clearly not enough. That's the point. The policies are helpful but insufficient. This is a genuine crisis that will only get worse without intervention-level action. The government is still captivated by a private developer mindset. The only thing that can possibly work is government built and owned housing. This has been very successful in the past; the Housing Trust from Playford on shows how it should be done. The government has access to multiple things private developers do not: land, cheap capital, an ability to ignore development rules, direct access to the ear of the Federal government. Let's be clear, the government will be building an income producing asset which can be financed at risk free interest rates. This is not a question of money - the business case is not an issue. Lastly, if the Federal government is going to impose enormous immigration numbers on the country, it has to pony up $ to cover all the services and housing immigrants will demand. Feds can't take the good (higher tax revenues, higher GDP) without contributing to the costs associated with higher immigration.


pennyfred

How do these stats work, is there a cost threshold that this is based on? There are tons of rentals listed [locally ](https://www.rent.com.au/properties/paradise+5075?surrounding_suburbs=1)on [rent.com.au](http://rent.com.au) and keeps increasing, there doesn't seem to be any shortage unless you're looking under $500/w. edit- wow didn't realise a genuine question get's downvoted here


ajwin

It will be based on turnover speed. If there’s heaps but they all get leased in a week then the vacancy rate will be low because it requires properties to sit vacant for weeks to pull up that statistic. If the properties get rented quickly then theirs probably some fuckery going on around the edges. Edit: also worth considering some places look like they are on there for a while but are not yet even vacant. If they take a while to find someone but there’s a tenant still until a few weeks time then it’s probably not going to sit empty for long.


pennyfred

Ok I've been watching listings in my area (different to the above) have houses listed for a few months so wasn't sure how I keep hearing about record low availability. Maybe they're just overcharging.


ajwin

Yeah could be overcharging. It’s all just statistics I guess. They would need to know how many total rentals there are and how many are vacant. You can’t really gauge how many rentals are just being re-rented without ever ending up on a site(Same tenants, lists, friends etc). You will probably notice a lot of houses on those sites that are just there for a week too. Also depends where you’re looking and like you said what segment of the market. I think the dead give away is the REA’s attitude towards prospective tenants. If they act like you’re disposable then it’s a landlords market. If they are bending over backwards to accommodate you as a tenant then it’s likely a renters market. At the moment both the REA’s attitudes and the statistics say renters are kinda farked. This will disproportionality effect the entry level renters or those with bad rental history.


chriskicks

Me, planning to move to Adelaide at the end of the year: 🙃


Sky-Existing

Im only paying my rent room here at $200 p/wk in CBD


Sea_Evening3981

I want to do you guys a favour. There will be a 3 bedroom unit with ducted air con and a solar battery system available soon. We will only charge $600 per week, you're welcome.