Wednesday, 30 April 2008

Keep it local - pah!

Note the yellow sign on the fence over there - it says something like "keep it local - fight the state's pro-developer laws".

Oh spare me this nimby crap. What these clowns forget is that they are living in a beautiful suburb that was built by developers (greedy speculators in their eyes) decades before we got into all this planning crap. Funnily enough, property values are very high in unplanned suburbs, whereas no one wants to live in places that have been planned to death by sociologists.

Here's an example of a house in a lovely street that was built by a developer a long time ago. I'd like to live here. The developer was responding to market demand, and has built something that has withstood the test of time, and people are now clamouring to buy places like this.

Over time, developers will do a better job of building something good that stuff that has been planned and analysed to death by government. That's because if a developer builds something stupid and useless, he'll go broke, and won't get to inflict his particular idea of housing horror on the countryside any longer. However, the state can build a monstrosity, and the continue to do so because the money tap never gets turned off. Just look at most housing commission stuff - it's terrible. If I was in charge, I wouldn't let the housing commission lay another brick.

I cannot bear people who think that developers are horrible people because some of them strike it rich. If you risk your money and build something that people want and you make a buck out of it, I say go for it. Good luck to you. What these nimwits don't seem to realise is that a developer is not paid a wage or salary - they live on their profits. If a development takes 2 years to build and sell, and makes say $300,000 in profit, then the developer has earned on average $150,000 per year over those two years, and he needs to have more developments in the pipeline to go on living. Idiots just see the headline profit, and ignore how long the developer has been living on vegemite sandwiches for.

I suspect these fucking nimbies are all salaried public servants, and they don't have to worry about where the next paycheque is coming from, and they've never risked their own money in their life.


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