With less overseas students and higher inflation, renting is going to become cheaper.
AUD vs USD plus visa changes, students go to other places for uni govnuts fight housing debt with inflation govnuts print money (inflate) to keep AUD down against USD
rents fall in real terms and nominal terms.
Home prices fall slowly in nominal and fall normal speed in real terms.
Inflation leads to higher interests rates. Recession. Banking and housing cured of their debt problems by Recession.
Now Low interest rates. New bubble. Circle.of.life complete! The Keynesian nightmare continues.
When the US dollar collapses next yr, I do hope Americans revolt against the socialism enabled by the doctrine of Keynes and tear down the matrix of central banking and central govt planning.
Learn real economics, Austrian economics. Free people, free markets. The most efficent way to organise land labour and capital to produce what we need and what we want. Learn real economics.
