Australia is importing demand that is the biggest problem. A large portion of the immigration inflow are wealthy professionals (networth > $1 mill). Upon arriving they need somewhere to live pushing up house/rental prices, they need to furnish their place driving retail spending and they also travel to explore their new home.
This video covers Australia being the big recipient of a large portion of millionaires fleeing other countries.
Australia is importing demand that is the biggest problem. A...
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)