It is not surprising that a population surge that's contributing to higher rents and house prices has created heated political debate. Cutting net migration might help ease pressure, writes Nassim Khadem.
www.abc.net.au
Not the ABC too omg
not surprising because literally every article on the SMH while you have been under a rock on housing prices and rental prices is flooded with top rated lower the immigration intake comments. Hundreds every time.
"
"The high pace of immigration is not compatible with the level of housing supply that we have in this country. We're just not building enough homes to keep up with our population growth," AMP deputy chief economist Diana Mousina says.
"If we had enough housing supply and infrastructure that went along with very high levels of immigration, then it could become sustainable. But what we're seeing is that there's too much pressure on the rental market, and that's adding to inflation."
Now again, you dumb or troll? Or want to declare what you are invested in?
not even most leftists agree with you anymore. I know this because I've read dozens of articles for years on the SMH on this topic. The "far right" has nothing to do with and again, Albo is doing it but far too late.
The next two paragraphs from that article. ........
She's not the only expert who has questioned whether these record rates of immigration are sustainable and whether the make-up of our skilled and temporary migrants is delivering the best economic gains.
About half a million migrants have come to Australia over the past year, and while immigration is not the only factor influencing rents and house prices, it adds to the already strong demand for housing.
"Not the only factor" , "Adds to the already strong demand"?
I wonder what that could possibly mean? Do you think it might mean there are other factors at play here, and those factors might be responsible for the already strong demand?
The problem here is that you're so rusted on to an idea that you willfully ignore decades of policy that has led us to where we are, this isn't a new phenomenon, it's the same problem getting worse and an opportunistic opposition leader dog whistling foreigners as the fall guy, because not to would mean accepting the reality that near a decade of failure by his government in power was a big part of bringing us to where we are today.
As for quoting Costello, LMFAO, it's under him as treasurer that this whole f**king mess took off. It's Howard / Costello policy that created the bubble we've been in since the late 90's. He's hardly gonna go back and trash his "legacy" with a bit of introspection and say hey folks, you know what, we did get that a bit wrong. Sozbye.
The following articles from 2014 through to 2022 have two distinct things in common, they all are about the rental/housing crisis, and they all were written during the term of the previous government.
April 2022 ( The Albanese government was Elected in May 2022 )
https://www.smh.com.au/property/new...vacancy-rate-falls-again-20220404-p5aap4.html
2018
https://probonoaustralia.com.au/news/2018/11/rental-affordability-hits-crisis-point-australia/
2017
https://www.abc.net.au/news/2017-11-29/national-rental-market-failing-many-australians/9205148
2016
https://www.acoss.org.au/media_rele...ome-in-bid-to-end-the-housing-crisis-by-2025/
2015
https://www.theguardian.com/austral...hit-by-affordable-housing-crisis-report-shows
2014
https://www.abc.net.au/news/2014-05...sis-has-nothing-on-the-housing-crisis/5438584
So as anyone without the misfortune of displaying the memory of a goldfish can see, the current crisis is not new, it's been with us for some time, and it's just been getting progressively worse with but a small respite in Melbourne and Sydney for around 12 months or so, in which time we managed to export the problem to the regions and make it a truly nationwide clusterf**k.
And that respite was really nothing more than the problem being moved from one market to another. You blithely dismiss the rises in regional markets as being caused by internal immigration, which we know to be true, but then attribute the falls in the markets from which these people came as being caused solely by a lack of external immigration, as if the movement of people out of those markets was of little to no consequence.
Hence your dismissal of the national rises as relevant because, again like most the data, it inconveniently flies in the face of your dimwitted attempts at billboard politics. You're outta your depth here little man, but like the true beta cuck, you keep returning for more.
www.newsweek.com
