“the Victorian government introduced extra land tax for investors, amounting to about $1,300 a year for a property worth $650,000. A levy on platforms such as Airbnb and expanded taxes on vacant properties and land came soon after.”
Along with strong and consistent new construction are cited as the drivers behind this but the catalyst has been remote work and the COVID lockdowns.
Victoria’s lockdowns were particularly onerous and many Melbournites realised they could move to south east QLD and pocket the potentially massive difference between the QLD and VIC properties, while still earning capital city $$$ and having better weather.
Melbourne will surge again eventually as their government takes a long view on infrastructure while QLD is adversarial to public utilities.
Just left from a month work there, and what I heard is that everybody is moving from Melbourne to Mildura, because more affordable, more work, and less needles in the parks and beaches.
I recently returned to Melbourne after being away for 5 years. They've been building a lot, particularly in the Western suburbs, and in satellite towns. Also there are a lot more people working remote / hybrid and living farther out in the country. A house in a smaller city like Bendigo is $400+ a week. But I expect this has been driving prices in Melbourne down -- but I'd hardly call it 'affordable' at ~$500 a week for a small house.
You don't need to argue it out with HN, if you want to negotiate landlords generally are happy to at least consider it. I've paid rent as an annual lump sum before.
Makes more sense since most live week-by-week. Similar to how AM/PM notation makes more sense since it's how we tell time. US date format is harder to defend, but...
I'll be called a heretic but, a couple of years ago (after being back in a country that uses day/month/year instead of the US), I came to the conclusion that the month/day notation is actually more useful to me.
Quite often, the month of the date is more relevant to me than the day. Knowing at a glance whether something is happening in the same month as the current day, or in the same month as some other date, is more convenient, as is being able to easily group things by month visually.
And yeah, I can definitely acknowledge month/day/year makes no sense, but it works for me.
Along with strong and consistent new construction are cited as the drivers behind this but the catalyst has been remote work and the COVID lockdowns.
Victoria’s lockdowns were particularly onerous and many Melbournites realised they could move to south east QLD and pocket the potentially massive difference between the QLD and VIC properties, while still earning capital city $$$ and having better weather.
Melbourne will surge again eventually as their government takes a long view on infrastructure while QLD is adversarial to public utilities.
I worked somewhere they moved payday by 1d explicitly for financial reasons ...
Quite often, the month of the date is more relevant to me than the day. Knowing at a glance whether something is happening in the same month as the current day, or in the same month as some other date, is more convenient, as is being able to easily group things by month visually.
And yeah, I can definitely acknowledge month/day/year makes no sense, but it works for me.