Price change target for government , RBA for Dwellings over the next 5 years in Melbourne

thechemist on 07/04/2017 - 12:40
Last edited 07/04/2017 - 13:00

Only vote if you are looking to buy in Melbourne (within 50km of CBD) over the next 5 years or have already bought. The assumption is that your target dwelling or the place you own will not have any improvements done to it. The only reason I am doing Melbourne is that if you do national it is too difficult. The poll is about what the governments target should be and not where you think it will be in 5 years time. And also for the people with price decrease could you post how much they should decrease as well

Poll Options

  • 5
    price decrease
  • 0
    inflation
  • 2
    No change
  • 1
    5% P.A
  • 2
    10% P.A
  • 1
    over 10% P.A
Financial

Comments

  • altomic on 07/04/2017 - 12:44
    +3

    What is the point of this?

  • thechemist on 07/04/2017 - 12:47

    well if they came out with a target then they can come up with policies that can bring about the change that we as the voting public want. Just like the inflation target of the RBA of 2-3%. I have not heard any politician come out and say what they thought it should be

  • geek001 on 07/04/2017 - 12:53

    If the government is serious about tackling real estate price problem, I don't understand why they don't just jack up the stamp duty for people/entities owning more than 1 residential property? Having more than 1 house is just greedy. It has already worked in Taiwan and Singapore. Perhaps they could exclude new houses if they are worried about the construction industry?

    • ihbh on 07/04/2017 - 16:05
      +1

      What about people with two cars? Two TVs?

      • geek001 on 07/04/2017 - 16:10

        There is no competition to buy your old cars or tvs though? :P

        • ihbh on 07/04/2017 - 17:52
          +1

          What about two shares in company X?

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