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In Hurlstone Park NSW on “Demolition of all existing...” at 22 Dunstaffenage Street, Hurlstone Park:

Jim M commented

Yiannis M, from the way you describe residential property investment I don't understand why honest Mum and Dad investors would put their hard earned into it. The problem, I think, lies in property investors paying off with other people's hard earned money bank loans for those properties. I'm referring to the hard earned money of renters who are priced out of the homebuyers' market.

You mentioned the supply demand equaton. That looks like supply is the driver. People investing in new developments, that renters have to live in whether they like them or not.

We'd be better off with a demand driven dynamic, a demand supply equation. Property investors getting out of property and putting their funds into investments that improve the world, such as renewable energy. Out-priced renters would then be able to buy. They'd build residences they prefer to live in, and neighbourhoods would be happier with that.

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