Get a good job that pays good money.
-- Joe Hockey, 2015-06-09
Such was the advice from Joe Hockey about how to deal with unaffordable housing ... The following is the text from the Get-up campaign email:
This is Mr Hockey's bizarre advice to millions of frustrated first home buyers priced out of a skyrocketing housing market. Well, we've got some advice for Mr Hockey: why don't you address one of the root causes of housing affordability - negative gearing.
Negative gearing forces everyday Aussie home buyers to compete with investors armed with generous tax breaks looking to buy their second or third property. It reduces home ownership and locks many out of the housing market, increasing the gap between the haves and have-nots.
Do we want to live in a country where young Australians will never own their own homes?
Fortunately, there are growing calls for sensible reform that would both protect existing investors and open up opportunities for first home buyers - and our politicians are listening. The Greens released a negative gearing policy just this week, and Labor Party insiders say public support for change could see the ALP adopt a position of reform at their National Conference next month.
And dear reader, your humble blogger must admit that he was almost lost for words when he first heard this advice from Mr. Hockey ... But not really surprised.
After all it was Mr. Hockey who opined that poor people don't drive cars and that wind-generators were a blight on the landscape. He was also caught on camera chomping a fat stogie before his high-roller effort for the 2014 budget. It seems that Joe Hockey is making a strong bid for rich-people's vote. But doesn't really give a rat's about poor people because they don't vote ... No wait! Perhaps they still can vote? ... That reform hasn't gone through yet ... Shh! Don't anybody tell him! We'll let it be a surprise ... In the next election ...
2015-09-20 Update: As we all now know, Mr. Hockey is no longer Treasurer. Comedians, cartoonists, bloggers and satirists throughout the nation mourn his departure, having lost such a rich source of material. Even Mr. Shorten, Leader of Her Majesty's Opposition, and not famous for his comedic skills, got quite a few laughs last year when he referred to Joe Hockey as the "Cigar-chomping Foghorn Leghorn of Australian politics". Your humble blogger thought that assessment was cruel ... But fair.