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Forum: Australian Bubble Forum

Forums->Australian Bubble Forum->Renters Will Soon Have The Opportunity To Own... In Melbourne!

bluehumaninavacuum127 points 
Renters Will Soon Have The Opportunity To Own... In Melbourne!


Are you annoyed with the rise and rise and rise of house prices in Australia? Are you a hard-working, poorly paid professional that studied for years at university only to find that house prices are completely out of your reach? Do you dream about your own tiny, insignificant piece of Australia? Or do you barely sleep at night because you can't stop pacing around your rental property worrying about that deep, dark, bottomless rental hole you're in?

Well, stop worrying! Justin Madden and his friends are here to help you. The State Parliament of Victoria voted this afternoon to massively increase the size of Melbourne. Now that has got to put a smile on everyone's face. What does this amazing news mean for you, the (stupid) renter? It means that house prices will "ease" because the "supply" of housing will increase. Do you follow, stupid? Probably not. But don't worry, all you need to know is that buying a house in the far reaches of Melbourne is something that all the smart people are doing. Are you smart? Sure you are. So, if you are smart and if you don't mind traveling to and from work for several hours every single day, then Melbourne (technically country Victoria) is just the right place for you.

So, this weekend, get up early (I suggest 4am), fill your car up and drive out to the, as yet, unnamed suburbs that lie just 40km north of Craigieburn (100km north of the CBD). When you get there, take a look around - it's your new home, stupid.

http://www.theage.com.au/victoria/green-land-cut-back-as-melbourne-grows-much-bigger-20100729-10wvi.html?autostart=1external link

 
on: Thu 29 of Jul, 2010 [07:49 UTC] reads: 723

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author message
tbmel46 points 
Re: Renters Will Soon Have The Opportunity To Own... In Melbourne!
on: Thu 29 of Jul, 2010 [08:47 UTC]
can you imagine the household conversations in South Morang and Cranbourne right now... "ohh this is great my house will go up in value instantly!"


Labour govt in Victoria is a total disgrace.




author message
SafetyBear
SafetyBear180 points 
Australia
Re: Renters Will Soon Have The Opportunity To Own... In Melbourne!
on: Thu 29 of Jul, 2010 [08:59 UTC]
Kinda inevitable this expansion.

The move to Newcastle looking better by the second.


author message
chooky118 points 
Re: Renters Will Soon Have The Opportunity To Own... In Melbourne!
on: Sat 31 of Jul, 2010 [04:02 UTC]
Chopping up market gardens and irrigated land should never be allowed .However I cant see the problem with Craigieburn. It is only 24-25 ks from Melbourne CBD , roughly the same as Mordiallac, Nobel Park, Ringwood, North Warrendyte, Calder Park and closer than Werribee. Its has a train line to the city .You don't have to live there but more land released proves that we have no shortage of land. This should bring land prices down unless of course the stupid Government in Vic allows land developers to drip feed the land out to maximize prices .




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