Cmon bro. Sydney and most Australian Capital cities has the most unaffordable housing prices in the world. Sydney is either second or third in the world behind Hong Kong- a city in which there's zero space to swing a cat.
It's all government manipulation as to squeeze every last drop out of future generations as to benefit themselves, and the mega rich. Government scammers.
I don't believe that it is govt manipulation to squeeze us all for $.
They just haven't thought the policy through and it is now coming back to bite them. The same would have happened to the other side of politics, although to a lesser extent because they would have cut immigration and that would have been just as bad for the economy without the immigration.
It's just so sad that both sides can f**k this up equally.