28 October 2012

Selling off Melbourne

Alarm over city bribes offer”, The Age, 21/10 and “The land dragons”. A lot of property in Melbourne and surrounding suburbs is being bought up by overseas investors for development, often without regard for those who live around the usually ugly buildings that are erected. Quite a lot of people seem to regard a city full of skyscrapers as sophisticated and futuristic, and regard those who think otherwise as backwards Luddites. I find such buildings dehumanizing and they are claustrophobic to walk under as they block out the sun and sky. Melbourne was a pleasanter place before skyscrapers were built.

The developments do nothing to alleviate the housing affordability crisis and here as they are marketed towards wealthy buyers and investors (some also from overseas). I feverently hope the property market will catastrophically collapse and all these greedy parasites will lose their money.

Some letters from today’s Age in response:

See you later, Mr Xu

JEFF Xu says developers can go elsewhere – if we don’t adopt an exponential approach to growth (“The land dragons”, The Sunday Age, 21/10). Then, Mr Xu, we’ll be seeing you. Growth is the ponzi scheme of the economy. You make your money, walk away and leave us to pick up the pieces. I would rather you left before you make your money that way.

The current wailing from the under-resourced new housing developments on Melbourne’s agricultural fringe will be a roar within a decade. The centre of town will be a lightless slum, and the Matthew Guys, Ron Walkers and Jeff Xus will be long gone – but not forgotten. It is good that developers who are “taking us to the cleaners” are being named.

– CHRISTOPHER MONIE, Ballarat

Room to block view

AS ASIAN-financed boxes move further skyward, much charm in our city is slowly being diminished. Perhaps it is just as well that our suburban transport system’s use of external advertising, at least partially, obscures our view of the changing landscape.

– PAUL MURCHISON, Kingsbury

Weed out corruption

CITY of Melbourne councillor Ken Ong warns of a “ ‘subculture’ of corruption taking root in Melbourne” (“Alarm over city bribes offer”, The Sunday Age, 21/10). However, the subculture of corruption may have already taken firm root in a range of areas. We have small-scale entrepreneur “Mary” operating her business of ghost-writing assignments, and now large-scale, bribe-offering developer entrepreneurs at the big end of town.

Regardless of how business may be done in other countries, it is vital for the wellbeing of our society that we ensure things are done here with honesty and due process. Vigilant scrutiny and constant weeding out of any corruption before its poisonous roots go too deep is needed. Applause for Councillor Ong for his timely warning.

– DEBORAH MORRISON, Malvern East

Not our backyard

SHANGHAI property developer Jeff Xu says developers “can choose Canada … they can choose Shanghai”. I respectfully recommend choosing Shanghai for fulfilling high-rise fantasies; leave Melbourne alone. Australians like wide-open spaces; they want to see the sky, the ocean, the hills and plains, feel surrounded by nature. They do not want to live in crammed spaces removed from the environment. Melbourne is one of the world’s most liveable places thanks to its parks and gardens, not because of its looming towers in the CBD.

– MARGIT ALM, Eltham

Chinese parents invest in overseas digs for sons and daughters”, Wentworth Courier, 5/10. This trend also drives up house prices and pushes out local citizens who simply want a place to live. Any hope of the government closing this loophole? Not likely.