Well, as Sanj pointed out, NG is one of the factors pushing the price up.
And my post was anti-NG as well because I did not mention some other numbers.
I mentioned a $400k property in Huntindale and how it is hard for someone working in Canningvale or Maddington industrial areas to buy such a property. But they can buy slightly further at Armadale for around $350K. Or an older property in Gosnells or Maddinton. If there is will, there is a way.
But they think about the traffic getting to Canning Vale from Armadale.
What I don't like about NG is that such families end up getting rent assistance as well.
Tax revenue is lost by NG and more money is spent paying rent assistance etc. This money is wasted twice resulting in higher property prices instead of being invested in infrastructure.
If there are more high ways, train lines etc, people wouldn't mind buying further away.
But instead of that all (investors as well as renters) get some money from government and the country is going backwards.