The affordable housing and rental issues are contaminated by political hypocrisy and industry propaganda agendas, chanting in unison concern about “rental housing crises”. Media reports these outpourings, producing simplistic fake news. Politicians expressing ‘concern’ about affordable rental housing reaches back to the 1928 NSW Election. Since then we have been overdosed with political hypocrisy and generalization about rental housing affordability. It reflects the idiom “To get elected and remain elected, have policies that touch the hip-pocket nerve”.
NSW annual State Land Tax (SLT) for 2017 attests the political hypocrisy and agenda-driven concerns of industry participants’ about NSW affordable rental housing, aware, SLT is designed target private owned exclusively rental apartment blocks need of a Freehold site.
Examples
Annual SLT imposed on rental housing for 2017, reflects the political hypocracy
| Number of properties | SLT imposed | |
|---|---|---|
| Sydney Statistical Area | 177,897 | $1,100,000,000 |
| Regional NSW | 41,976 | $275,574,000 |
| Totals | 219,873 | $1,375,574,000 |
SLT imposed on rental housing in small handful of Sydney Council areas
- Woollahra: $67.5 million
- Leichhardt: $32.1 million
- Canada Bay: $34.1 million
- Auburn: $20 million
- Waverley: $62.5 million
- Marrickville: $37 million
- Canterbury: $33.5 million
- Randwick: $67.5 million
- Ashfield: $15.1 million
- Hunters Hill: $7 million
- Ku-Ring-Gai: $32 million
- Botany: $15 million
- Burwood: $12.5 million
- Blacktown: $45 million
- Manly: $20.2 million
- Willoughby: $29 million
NSW SLT knows no bounds taxing and targeting regional rental housing. For example:
- Albury: $1.2 million
- Coffs Harbour: $4.1 million
- Cessnock $1.7 million
- Wagga: 1.7 million
- Wingecarribee: $3.8 million
- Tamworth: $1.0 million
- Tweed: $7.7 million
- Lake Macquarie: $9.3 million
- Newcastle: $44.3 million
- Dubbo: $0.9 million
Etcetera.
Hypocrisy! Politicians’ rare unison of silence about a SLT designed to target and impact viability of privately-owned rental housing, especially in council areas said to have a rental housing crises. This, while The Property Council lobbies for a catchall SLT, exposing every suburban family home.