Australia's largest stock trading and investment forum Australia's #1 stock forum

So we have too many migrants?, page-13

First 13 Last

Share
Profile

Follow
kengaroo

4,167 Posts.

1112

26/03/24

19:47

Post #: 73070595
Share

Originally posted by pintohoo: ↑

so does that apply for the huge number of immigrant workers brought in under the Liberal governments?

you know - the ones I spoke about 6 years back

Date:15/05/18Time:09:28:30Post #:33094627

hmmmm - I think we do have a crisis coming - a real crisis of massive social proportion - but, probably not the one we have been expecting.

What I see is that if we keep up the immigration rates ----- then, along with the latest findings about dodgy bank practices - and the absolute clamping down on lending practices resulting from that - along with thing like the clampdown on interest only loans -

what we will have is less people being able to get mortgages --

which might result in some price correction - but, by far - by a country mile will have massive implications on the rental scene.

What we will end up with from what I can see is massive rental demand - massive rental price rises and probably massive rises in homelessness

How governments respond to that will be anyone's guess - given their ineptitude in the area of crystal ball gazing and putting in place mechanisms that can only be described as childish folly.''

Expand

Prophetic
Upvote

Reply

Top Stories

EMD

Emyria's Empax Centre chosen for mental health clinical trial

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

STX

Strike Energy secures $153 million for Perth Basin gas projects

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

FHE

Frontier Energy achieves key milestone for Waroona energy project

BRX

Belararox delineates another porphyry in Argentina at Tambo South

There are more pages in this discussion • 13 more messages in this thread...

First 13 Last

SPONSORED BY