Quote:
Originally Posted by FairmontGS
No no no no
It is entirely about supply and demand. Look at Sid-en-knee - we're full to the gills! There's no more viable land and what is available is down the Hume with rubbish infrastructure.
And yet, Gov-Co continues to allow people to settle there - up to 80,000 short-fall of people looking for a dwelling in the city last year. Add that to the existing back-log, plus he fact that there's so much money washing around looking for an investment, and there's your problem.
But you can't force people into settling away from where they want to live - that's called China, a command economy.
I don't know what the answer is...
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If the economy was truly a free market capitalistic creature, I'd agree 100% with you. Supply and demand are the cornerstone of a free market economy. However, the beast we have has the outward appearance of a free market economy, however it is anything but due to so much manipulation at the hands of so few.