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clock Created with Sketch. 01/01/17
15:49
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Originally posted by Scarpa
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What are you rabbitting on about. Australians have to work hard because Australia is the most expensive country in the world where housing is completely unaffordable. That is why you now need two incomes to pay the house off (income to house price ratio has gone up from 2 times in the 1980s to more than 7 times in some cities). As a result we are having kids much later, and not many of them by the way, and as a result we need immigration to fill the gap (old workers been replaced by new workers) but only problem is we can only attract less skilled workers (or those with no skills - refugees) and thus they end up on welfare and we work harder. An absolute joke - when housing becomes even less affordable the last worker leaving Australia should just turn the lights off.
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catch 22 - housing is unaffordable because wages are exploitative, and because wages are high, goods and services are expensive which makes the price of a house expensive but because wages haven't kept up with inflationary values people are stuck. sort of....
