Molonglo Valley plans

The gist of the conversation I followed earlier was that only about 1/3 of the houses were for oldies and the rest were on for young and old (pardon the pun).

I do recall something about it being a great idea to ‘batch process’ them, with the intent that as you become more infirm, the lower down the housing complex you go, and the people above you subsidise your spiralling healthcare costs.

I think it’s filed somewhere between ‘Soylent Green’ and ‘Maelinar’s rantings’…

I think the Ainslie development is only for old people…….

Hate to point out the obvious, but the construction of lots brand spanking new houses pushes down house prices generally. House prices, and particularly rents, are unsustainably high in Canberra presently.

I’ll wait for the subsequent fall in prices with eager anticipation now that the Belconnen, Kippax, Gungahlin, Kingston and soon to be Ainslie developments come on line then.

Or do we think that prices will drop but they keep skyrocketing upwards ?

In my experience with recent housing prices, it’s certainly been the latter…

My understanding is cats are not such an issue in the Molonglo Valley (not such a nature park areaa as Mulligan’s Flat). But I can check it out for you.

And cat owners will not be welcome?

Hate to point out the obvious, but the construction of lots brand spanking new houses pushes down house prices generally. House prices, and particularly rents, are unsustainably high in Canberra presently.

The comparisons with North Korea are facetious – the obvious difference being that the apartments and houses here are being built by private companies, responding to the forces of the open market!

There are many issues with this proposed development that have not been discussed. The 2 community consultation meetings were a joke. Stay posted.

Hate to point out the obvious, but first timers shouldn’t be buying brand spanking new houses unless they are in some way related to either Bill Gates or Rupert Murdoch. Given that limitation and the fact that there are no houses there at the moment, there won’t be any houses for that population dynamic in this development.

I would actually suggest selling quad sized blocks, american mansion style, throughout the entire area. It’ll look quite good, remain quite bushy, and free up some of those inner suburbs houses. (that are second hand)

Yep, I’ll admit that the apartment market is looking completely flooded (and likely to look worse once the rest of the stuff on Northbourne is finished) – however, most of these places are, rather stupidly, aimed at the upper end of the market, and are still priced well outside most first-timers pockets.

Plus, there’s certain limitations to apartment living, which means it’s a separate market in some ways to the home-buying groups (as an apartment dweller who’d kinda like a dog, I’m keeping an eye on home prices with interest).

Which means there’s still a demand for decently-prcied housing (not apartments) to come onto the market somewhere.

One option might be ACT housing flogging off their houses and move all existing tenants into these long-term vacant apartments – they could make a chunk that way. No existing tenants would be disadvantaged (after all, they’re guaranteed housing, not necessarily housing at their current location), and it might at least create one vacant block in Yarralumla…

That valley (where the river is) on the map is actually very steep, it would be able to be contained within the valley, unless of course, something the size of lake belconnen wanted to suddenly empty itself in that direction…