Property analysts say a mix of economic conditions, policy settings and demographic shifts are among the reasons for the city's subdued dwelling price growth in the past five years.
Southbank had residential high-rise buildings that were at least 60% empty ten years ago - and that’s being generous. It seemed like they were nearly empty. From the outside at 8 pm, there were barely any lights on to indicate the presence of people in there.
They were owned by people overseas and kept in pristine condition to maintain a higher value. Is that still going on?
I’ll pass them onto pingers for the moment. Need to note down that actual addresses. There’s at least half a dozen places near me that’ve been vacant for more than a year.
Anyone know of somewhere to report vacant houses? I walk past a bunch that’ve been vacant for years now.
purplepingerstm@gmail.com keeps an updated spreadsheet of potentially empty tenancies.
Thanks, I was hoping for more of an official ATO link.
Why would the ATO care? Purple Pingers’ list might actually help it become occupied.
Vacancy tax.
Southbank had residential high-rise buildings that were at least 60% empty ten years ago - and that’s being generous. It seemed like they were nearly empty. From the outside at 8 pm, there were barely any lights on to indicate the presence of people in there.
They were owned by people overseas and kept in pristine condition to maintain a higher value. Is that still going on?
IDK but probably. God dam richers.
There are squatters networks if you wanted a different approach on that until the official
I’ll pass them onto pingers for the moment. Need to note down that actual addresses. There’s at least half a dozen places near me that’ve been vacant for more than a year.