Alice Springs housing prices are way too high. Free fall …

Comment on Full steam ahead on gas while tourism languishes by Bungy Jumper.

Alice Springs housing prices are way too high. Free fall is probably a good place for housing prices to be.
People might be able to afford to move here and invest in a future for themselves in this town. It would be a bummer for those of us with already difficult mortgages but perhaps good for growth in town, definitely good for those young couples hoping to have kids AND buy a house.
I think this is actually the reason the supposed Member for Braitling wants to push for these eight story buildings.
He is trying to prop up the CBD land values for his mates in the real estate game.
Shops are empty and landlords are finding it difficult to get tenants at high rents.
They don’t want to lower the rents because that leads to an immediate decrease in the value of their assets.
An option for expansion upward will artificially maintain or increase the land value. Good for the businessman perhaps not so good for the poor bugger trying to live in this expensive place.
Personally I prefer not to live in a high rise overcrowded city, part of the reason for moving to Alice.
Can’t really see the need for either of these eight story ugly proposals but if we must have them perhaps we could concentrate them in one ugly area. Instead of spreading them all over town. Isn’t that what a central business district is for?

Recent Comments by Bungy Jumper

Town Council considers $50m art gallery options
Who is studio kinship? Culturally appropriate design that is against the wishes of the traditional owners and holders of that culture, how does that work.
I wonder if anyone spoke to the minister for arts an culture, cos she got a pretty clear message from from a large group of custodians earlier this year: “South of The Gap.”

Sacred sites authority mum on Melanka trees
There are a few other trees / sacred sites, in the way of a certain development, that AAPA has also forgotten about.
What does that acronym stand for again? The head of AAPA runs a very [unsatisfactory] business.

Lame duck MLA, says Katherine voter
If she had an allegiance to the Labor Party she would be anti fracking. The party voted against fracking at the last Territory conference.
It’s just guña and a handful of mates who decided to support fracking.
Vote independent you are more likely to get someone who will represent their electorate rather than follow what the inner circle tells them to.

Conflict of interest raised in council’s rejection of gallery offer
If the gallery is built in the CBD it will bring an extra 53,000 people!
If it’s built a couple of miles away south of The gGap it will bring – how many?
Considering that these extra people are going to be traveling 1000s of kilometres to get to the gallery what’s an extra couple of Ks.
Why are they so obsessed with the CBD? 99% of visitors to the gallery will check out the town centre regardless of its location.

Labor, CLP discuss preference swaps: Scott McConnell
John Bell, if the two majors are only interested in representing their own corrupt interests then don’t vote for them.
If we elect a bunch of independents that eventually band together, so what.
At least the pollies will know that they are there to represent their electorate not the backroom boys. Staying with the status quo is a ticket to nowhere.

Be Sociable, Share!

A new way to support our journalism

We do not have a paywall. If you support our independent journalism you can make a financial contribution by clicking the red button below. This will help us cover expenses and sustain the news service we’ve been providing since 1994, in a locally owned and operated medium.

Erwin Chlanda, Editor