The main reason is the lack of financial nous in the Australian public. Ripped off daily and don't know it.
We have a lot of investors in property here who think they made money because they are smart when in reality govt policy is the reason why.
Such policy can go in any direction.
That policy may change if we get a 3rd party forming here like Musk in the USA is doing. The libs decimation ( worse than 1 in ten actually ) means the settings are beginning to take place for this to occur. The disaffected young grow in % terms daily while the boomers die off. Push and pull for the 3rd party to form accordingly. The best single way they can ensure the disaffected young votes is - reduce property prices.
A single policy such as ZERO NET IMMIGRATION UNTIL RENTAL VACANCIES ARE 5% or higher would see a stampede of votes for them.
