You're absolutely correct. Supply and demand. There is no demand for such a port, and therefore no supply. Habitability has to do with supply and demand of course, as people actually do live in the most environmentally hostile places on earth, including the South Pole.mistermack wrote:It's not going to happen. There is far too much easier development land in Australia.Seth wrote: Where does the initial capital come from? Taxes or private investment?
But if land was short, it could easily be done with a combination of public and private money.
It's a question of supply and demand, not habitable or not habitable.
At the moment, the supply of land is huge, and the demand, with less than 25 million Australian residents, is small.
The point I was making however was criticizing the notion that "if you build it, they will come" which is not axiomatically true. In other words, government would not make society "richer" by taxing everyone to build such a city just to accommodate the desire of citizens of other nations to emigrate to Australia. It would take a very, very long time for the investment in tax money to be repaid by the industry of the immigrants in such a situation.
On the other hand, if a private enterprise wishes to invest money in such a project, and it's willing to wait out the payoff before seeing a profit (which means supporting the immigrants and not foisting them off on the public purse), I say go for it. That's how Las Vegas came to be.