Comments by "Matthew Nirenberg" (@matthewnirenberg) on "There are Only Four Free Countries Left" video.

  1.  @peterbates282  Its not politics of envy. Australia has the same problem - the average house is about 2 million in most places that aren't extremely rural (4+hrs out of any town). Extremely rich (multi-millionaries) overseas are advertised property in AU & NZ as investments by agents, they pay insane amounts which price all locals out of property. The last auction in my street was ended with a bid that was double the highest bid resulting in the property selling for 1.6 million. Its now units and they've all been sold off for a small fortune each. What you and many lefty politicians fail to understand is that building more only makes the problem worse. Overpaying has pushed prices to insane levels that only foreign money can afford. If you build more, those new developments increase the value of the area the development is in, as well as the surrounding area. Due to laws that stop "under valuing", prices can only go up. These properties are unaffordable for locals so foreign investors buy them. The prices can only go up whilst the farmland gets built on and the public land vanishes due to eternal sprawl of cities. The only way to force prices back down is for the govt to seize all foreign owned property, ban construction and only let citizens buy property. This would lower prices as it would crash the entire market and would thus let prices drop. Currently its all a giant Ponzi scheme (housing and construction) that needs to collapse immediately. They whinge on about climate yet build over prime farmland and forests whilst locking up the remaining public land because they don't want people camping, hiking, hunting or fishing.
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  2. Rubbish. Its an over regulated, tax mad place that 100% hostile to 98% of businesses. Speaking from experience. Stop believing the lies and propaganda that likely come from the govt - they, like all "name brand" countries are finished and the last places any sane person wants to go.
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  3. Clearly you have zero clue about the over regulation and extreme taxation of every little thing. Australia is absolutely hostile to 98% of business.
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