If I could give you a million thumbs up I would, Summed it up...

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shrips

393 Posts.

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13/05/23

20:21

Post #: 67760328
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Originally posted by $$$$$$$$: ↑

We pay far too much for Housing in Australia,
Caused mostly by propping up House Price to Buy the "Boomers" Vote for Decades.

However they are no longer the majority,
And to win elections in the future will require House Prices to reduce,
To Affordable levels.
This is what the new majority want.

Our House Prices are some of the most expensive in the entire World,
With the other Countries at the Top of the List having far more Billionares,
And far more High Paying Jobs,
With far more large Multi-Billion Dollar Companies to work for,
With far more opportunity.

Leaving Interest Rates too low for too long was irresponsible and stupid,
As is Allowing Foreign Investment During a Housing Affordability Crisis.

To allow ANY Migration during a Housing Affordability and Rental Crisis,
Is Irresponsible.

Where will these people live?
There is simply no rentals Available....

It will put further pressure on House Prices and
The rental Market.

It may well cost them the next election.

It does not help with the cost of Living,
It does the opposite and raises rents and House Prices,
Creating more false demand to artificially drive up House Prices as was done for decades.
Is this because many of the people making such policy own multiple rental properties?

Why cant Australians Vote on Migration?

Our Roads are already some of the Worst of ANY so called Forst World Country.

Our Power System can't cope,
Our Hospitals can't Cope,
The Schools are full,
There's no Vacant Houses Available.

Our Infrastructure Already Cannot Cope.

Negative Gearing,
Migration,
Foreign Investment, and
Short Term Accommodation,
All need to be banned, at least until House Prices are back to affordable levels....

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If I could give you a million thumbs up I would,

Summed it up well.

Australia - a first world country and slowly developing 3rd world problems.
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