Wednesday, 3 June 2015

Like Home-Owner-Ism, but without the subtlety...

Spotted by Random in The Guardian:

Tony Abbott has brushed off the Treasury secretary’s comments about a housing bubble in Sydney by instead accusing Bill Shorten of wanting house prices to go down.

Labor asked the prime minister in question time on Tuesday whether he agreed with the government’s top economic adviser, John Fraser, who told a budget estimates hearing that Sydney was “unequivocally” experiencing a house price bubble and this was also the case “in higher priced areas in Melbourne”.

Abbott said millions of Australians had home mortgages and the last thing they wanted to see was a decline in the value of their most important asset. He then turned the attack on the opposition leader, claiming that Shorten was saying people’s houses were worth too much and was “talking down our economy”.


And so on and so forth. You do wonder whether Abbott is really so stupid that he actually believes in what he is saying.

2 comments:

Steven_L said...

Apparently there is a shortage of land in Australia and that's why prices are so high.

Bayard said...

"You do wonder whether Abbott is really so stupid that he actually believes in what he is saying"

Ah, the politician's choice:delusion or mendacity?