@convergence.buyersagents: Another demand boosting initiative that will make housing unaffordable for more generations. A win for investors that are ready to move now. Another loss for first home owners that were eyeing off a purchase in the next 12 months #buyersadvocate #investing #melbourne #melbourneproperty #property

amby :

fix the housing crisis in 3 steps: 1. limit how many houses one person or entity can own 2. get rid of capital gains tax concessions 3. limit or scrap negative gearing fixed. thanks for coming to my ted talk.

Auvelt :

We’re selling our three investment properties and going into the sharemarket. We’ve been great landlords and have rented the whole time ourselves … but we got to where we want to be and now it’s time for others to have those properties and for us to finally buy our forever home.

Scott Douglas :

its gonna go up anyway, at least first home buyers have a chance.

James Wire :

Investors are the problems. Ban owning more than 1 house. Ban airB&Bs.

Amber Baker :

My partner and I are just doing our loan application now and looking to buy in Frankston 😭😭 decent homes to start our family are more than 850k in Frankston !! I grew up on the Mornington peninsula and Frankston was like literally the ghetto back then lol anxiety inducing….

mttp88 :

people keep blaming the poor immigrants, but its actually the investors that are the problem. we went house hunting and its those with 3 or more houses are those you are competing with

Chris Cumberland :

Remove negative gearing and capital gains tax discount.

Anya Qarira :

I don’t understand how first home owners are buying that much and for investment?!? There should be a rule that it needs to be your primary place of residence.

jay9Kay🏉🎶🇦🇺 :

Why are investors interstate involved when it’s a first home buyers grant ?

Ella :

I put an offer on an apartment this week. Someone paid $90K over asking and got it 🫩

Mia Sangria :

I live in yamba and every second house is a holiday airbnb it's ridiculous

Megs 🦋 :

I’m never going to be able to afford a house 😭

honk959 :

We have 80k saved and wanted to get our first home early-mid next year and now it’s feeling impossible 😩

Aiden :

Canine Revolution :

hi mate. when you say investors are they first home owners? or is it exp investors buying thru trust or biz to capitalize on 5%? dont know if thats a thing??

Rob :

remove negative gearing if you have more than 2 properties maybe

Richard Saunders :

if they want more people building houses lower land price. why is it $350,000 / $500,000 for land

Robyn Wingrove :

So you say investors can take advantage, but isn’t this for first home buyers only?

Chris :

Albo did it again 😅

Lena🇦🇺 :

We need incentives for investors to sell properties since that’s the issue😅

Rocktop Boy :

You can not tell me there is not going to be a crash. It’s almost impossible at this point for there not to be one

Bronny :

There are over 150000 residential properties being used as short term holiday rentals, and overall, there's over 1 million unoccupied dwellings. We don't have a housing problem, we have a HOARDING problem

. :

we're never going to get out of the housing crisis until we start regulating the "investors" who are behind every surge in property prices, they are strangling young Australians out of the market at every opportunity they get. The govt needs to stop enabling them and letting them do whatever they want. It's our housing, not a stock market. Do we really want people to be out on the streets or losing thousands on thousands because they're forced into forever renting?

Megan Hopkins :

Such a joke they brought this forward!