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Budweiser54

3,166 Posts.

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03/07/24

14:14

Post #: 74588708
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Originally posted by Andrewst10: ↑

And maybe you should look further than simplistic answers.

https://ironfish.com.au/blog-news/demystifying-myths-the-real-impact-of-migration-on-australian-housing-market/#:~:text=Is%20Immigration%20Really%20Affecting%20House,can%20be%20attributed%20to%20migration.
Is reducing migration the solution?
Some have suggested that reducing migration numbers is the answer to Australia’s housing affordability crisis. However, experts argue that this solution is short-sighted and fails to address the root cause of the issue. Migration has been a significant contributor to Australia’s economic growth and has helped fill skill shortages in various industries, such as healthcare, aged care, and hospitality.
The future of our great country lies in its ability to attract and retain skilled migrants who can contribute to the economy. Therefore, reducing migration numbers could have adverse effects on the Australian economy in the long run.

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Is reducing migration the solution?

Depends what the problem is

but if the problem is housing, then reducing the demand brought on by migration is a solution until housing can catch up

Simple really - most effective things in life are - it's the ''experts'' that try to complicate things.

Just think of the roman roads...

Last edited by Budweiser54: 03/07/24
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