A politician, and a real-estate man

People who voted for Baillieu were aware he’s a real estate man, right?

THE Baillieu government will consider expanding development in Melbourne’s ”green wedge” zones as part of a big overhaul of the planning system…

RMIT planning expert Michael Buxton said the process for developing the new strategy was flawed – a technocratic exercise without community input. ”The development industry thinks it’s on clover with this government already – that’s a bad sign,” he said.

In case Baillieu’s very expensive free kick to the real estate lobby with the cut in stamp duty (that will push up prices) wasn’t enough…

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3 responses to “A politician, and a real-estate man

  1. jordanrastrick

    I think its important to remember that real estate lobbyists and property developers have interests that sometimes overlap with homebuyers and some times conflict with them. So while they might support Bailieu on this measure, that doesn’t automatically indicate its a bad idea.

    When it comes to FHOG and the like, that’s mainly rentseeking by the industry. But when they’re calling for denser development of existing areas and other measures to increase supply, that’s got the potential to genuinely benefit

    Now it seems Green Wedges are a decent idea that were put in place for good public policy reasons. But I think its worth giving a government in this situation the benefit of the doubt and wait to evaluate whatever changes end up being proposed, rather than pre-emptively criticising a policy no one actually knows the details of yet (sound familiar? *cough* carbon tax *cough*) just because developers are, maybe, going to support it.

  2. I don’t doubt that development in green wedges will be to the short-term benefit of home buyers (although nowhere near enough to offset the serious detriment of the stamp duty policy).

    But overall – I have little confidence that this government won’t act for the real estate industry at the cost of Melburnians in general, and strongly suspect that any green wedge developments will lack basic infrastructure like decent public transport (like most new developments since the 1960s), and by replacing forest with asphalt, will reduce the general amenity of our city. Once the green wedges are gone, they’re gone. (Well, save the collapse of civilisation, according to The World Without Us.)

  3. ”Melburnians accept urban change but they don’t want the whole city to be one great development area, they want it to occur in specific areas.’

    I love (hate) this kind of newspeak.
    What they are proposing is exactly what they are decrying.. the whole purpose of the green wedges in the first place is to prevent wholesale urbanisation within a set boundary. This government wants no city limits and no green zones, just an endless sea of developer housing – it reeks of corruption.

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