what about the gov useing shipping containers they work really well dome with correct methods ,immigrants when i came here "under white policy we GOT ZILCH had to even pay for blankets and electric fans"now we give them anything to appease these rentseekers "and they know it!!!
@@mola8973 THE Politicians love skyrocketing house prices because they mostly all own 2 or more Councils raise rates Stamp duty take goes up ,hence rent and LANDtax also goes up.?
Neoliberalism. 30% of assessable income is still the measure of acceptable rent costs here in Australia. $67k AUD and below is now low income, but if a person is living in a dual income home on that, they're most likely living with severe housing stress. Subsidised housing and grants just pushes prices higher. We need public housing so that rent can be controlled by the government and is kept below 25%. The issue is that all our politicians are housing investors. The countries mindset and sense of community has been degraded by neoliberalism into an acceptance of austerity, selfishness and greed. It's disgraceful and truly sad to see how the country has degenerated into landlordism and elitism. Working people generally are manipulated by the corporate media and blame immigration rather than the degenerate policies of our elected right-wing parties. It's bloody awful
It's not just politicians, a lot of Australians are investors, even young ones, they all want high property prices, 2/3rds or Aussies are home owners, a portion of them landlords to, and most of them want to see their investments go up year by year, not all, but most. A lot of people will compete to be on top, and will focus on their own interest first, not all, but a lot of them will. Therefore it is unlikely to change as over 50% for Aussie want their money to go up, without looking at how much it's hurting the country, but I feel like some a starting to realise. I see some landlords are a bit embarrased being landlords now because they know how screwed those without a home are. But even with that, they will keep investing, but they'll just hide they're status and try to be sympathetic.
YOU need public housing? YOU pay for it. Not me, I have my unit to pay off, not someones else just because he cant do anything valuable but DeservesHousing, and of cours in Rocks, not in Penrith.
@antontsau what are you talking about? It's woven into modern democracy. You don't get to choose where tax money goes. You don't get to choose what surplus is spent on either. Do you even know what it's spent on? You do realise that people with disabilities, aged pension and single parent homes are most affected right? It's great you have the means, but other people don't. This isn't a a barbaric society, or is it? The mindset tells me it is. You don't bully or exploit marginalised people. That's what civilisation is meant to be defined by. Uplifting each other. Not veiled policies of feudalism and psychopathy
Sadly, the complexities are of 9 years of a conservative Liberal National Party Government failed to invest in Social/community Housing, and gave subsidies to Wealthy People Investors, that have STOLEN the Housing affordability from younger people. But also lifted Rents beyond the scope of most and particularly Older People - whilst removing Pension availability by another 2 years, under this present Labor Party Government. Poverty is the cause and since Covid has become a normal that NO one wants to address in Wealth Re-Distribution. Weaponry Expenditure for Wars to Genocide, as with USA and UK overtakes caring for Citizens.
Flood gates to mass immigration were opened in 2022 by Albanese Labor. Not discounting Liberals doing similar, but unprecedented mass immigration that caused never seen before housing crisis started in 2022. And it seems to be only getting worse by the day now.
We arent doing much better here in Canada my Australian friends. We have too many foreigners taking jobs and housing and we are all close to being homeless
The Australian government is flooding the country with immigrants yet it if you call it out you're automatically branded a racist by people who don't understand the basic laws of supply and demand.
What is classed as affordable housing? The median wage is $80,000 so housing should cost no more than 3-4 times the yearly salary. So affordable housing would equal $240,000 - $320,000. NEVER gonna happen if it did it would be of very poor quality and build. When most Aussie building standards are below par anyway.
@@sapiens7821 so they still have a choice. Do the choices suck? Yes but people who go out and borrow heaps of money to buy a house are just propping the market up for everyone else who bought a house before them.
A family will want stability it is provided by buying a home. It’s are primal instinct to provide safety, security, stability. It’s rare to find this in a rental which adds to the stressors of a family or in a relationship. Which can be sold or the rents hiked up at any time. The rental maybe located within a less desirable location adding to the stressors of the family dynamics or occupier. A person or family will pay whatever it takes to obtain the best cave (home) with the best resources ie schools, shops etc. If the man is unable to provide these things the relationship is more like to fail. The female is more likely to leave and find a more suited mate to provide her needs. Depending on her social status needs and wants. If the couple is of equal status and the female is content with what the male brings and share what they bring to the table the relationship is less likely to break down. We live in a complex westernised society where people have different needs and wants. To find a home is hard due to increased demand and less supply. The majority and quality of the homes are usually subpar and of poor quality. Unless you are of a high social status can you afford the good quality homes and location. The poorer classes will fight amongst the expensive scrap heap
Relying on the private sector , is like relying on energy companies for affordable fuel . Build a granny flat , then the council will be your new land lord , with higher council rates .
Not Singapore, most people stay in government housing. Australia needs to learn from Singapore. Despite limited land and dense population they’re managing well.
I wish I was an adult then. An Australia less busy and congested. When a working family could live anywhere. House, Yard, One wage happy wife happy life
While any Government allows land and housing is be used as a wealth building strategy and also does not invest in more social housing then rents and houses will become more expensive and less affordable to many people.......
Governments will tell us how we have access to luxuries like LED TV's. But a person who doesn't own their own home can't afford to buy luxuries like nice tv's or going on holidays. Most people have their priorities straight. People will have to have their needs met first, which is shelter, before they spend on luxuries. If people can't afford homes, you stifle the economy and therefore progress. As people will only be buying essentials and feel miserable because they have no security or safety net. Government thinks they can make a great economy by making housing very expensive, what a dumb move, there's a reason why our productivity keeps dropping.
No party of government is going to ease the housing supply issues because it lowers house values and that is an indicator that the political party won’t be reelected.
Higher construction costs and government support wasn’t the major reason why home ownership became accessible to more people. It was minimal rates of migration and protection from foreign ownership and investment which ensured that housing stayed solely within the domestic market. Loosening of home ownership to the global market was a way for globalist neoliberals to disguise the fact that their policies since the 80s had made average Australians actively poorer. Sure somebody who bought a house in the 80s has seen it appreciate in value but that individual’s earning and saving potential along with their buying power in general has incrementally but constantly been trending downwards. Heck reverse mortgages are a thing only because older people who paid off their mortgages are now having to sell themselves off to the banks once again just to survive. This system is however starting to reach a saturation point. What lies at the end however will be the most almighty recession or even a Great Depression of all time. Also given that national governments are thoroughly in debt I wouldn’t expect the sort of financial bailout from them to survive. Basically things are going to get much worse.
Laws are made to control human greed. In case of housing this is being left unchecked, subsidise owning homes and tax investors. Use bonds & cooperative banks that allow private citizens to invest in building more houses, a private and public partnership. This will keep cost low and provide decent returns to investors.
Immigrants of 1950s came here to work. Ozzies of 2020 just demand from govt to Provide Housing. Give uuuus! We deseeerve! No such a housing crisis in Australia. Only crisis of human trash oversupply
@@frednirks3718 do you actually understand mathematics and numbers? Can you calculate and compare the average salary / average property ratio back then versus today? Your comment is not only condescending but beyond ignorant. Something tells me you also don’t have children who are getting to the age of flying the nest. If you would, you’d understand the struggle. We have the same problem in the UK. I’m older but my sons are young and they have very low chance of ever getting on the property ladder without help from parents. I’m scraping and saving in the hope of supporting them when the time comes, and I’m gutted for the next generation. It’s harder than it’s ever been to start out. No job security, the economy is ruined, the cost of living is through the roof, and property prices are unaffordable. Yet you come here virtue signalling for the older generations who had it by orders of magnitude easier than the current young generation.
The problem will never be fixed, The problem and solution is that public servants can not own investment properties, then they will not be bias/corrupt and might make rules/laws to fix it, but why would they want to lose money when they are making money from the shortage. This story was not done very well. Most Australians can not afford a Granny Flat lol. And you think paying more money on a Granny Flat (can cost well over $50,000 then you rates and everything else goes up, need sewer and water, more costs and in Australia it is alot) also the rate of Granny Flat adoption is also very low, as it is not a viable option for alot of people, cost wise, zoning (alot of areas and council's will not allow you to build one) and these people are under rent/mortgage stress and you think they can afford to install a granny flat lol. Not a fix for a renter really ether is it, especially since they are half the people your talking about in your story. Please research a topic correctly, not just going for what you think is good click bait.
Councils can collected more on rates and sewage on 1,000 unit complex apartments in the cities from private sectors than government housing in surburban areas.
Not that long ago In the U.S. the government definition of affordable housing was 25% of income. Now that definition isn’t used anymore. There also used to be environmental impact assessment and other curbs on development that got shelved. According to Austrian economics all the loosening should have lowered prices. Instead they shot up. In the U.S. it is really generational. The boomers in the U.S. are the most self serving generation in history. Their parents made many sacrifices for their children that the boomers never will. For many they consider it an ethos to be the direct opposite. Things won’t improve until there’s an adjustment in prices and they will do everything they can to keep them high since they are the primary land owners.
Is the developers who donated to both parties, and not to build government housing. Thats why is the developers influenced the government's policies. Is two different housing market one is private the otherone is the government housing. If you look into Singapore you see most people having government housing, Singapore is copy from Uk, if you look at the UK property market the 2nd major cities like very affordable like Manchester.
The best solution would be for Australia to stop daily immigration untill enough houses can be built to support the existing population. Currently we import more DEMAND daily by immigration than we SUPPLY completed home builds per day.
well....at least both government parties can afford to free up government land to build tent cities across the country as they do for refugees around the world to at least give family's living in their cars and the homeless a safe place to sleep until affordable and social housing can be built in the next 20 to 50 years to house them as building companies are collapsing and theres a shortage of labor and materials while billion dollar overseas investors are building highrise units across the country at prices out of reach for most and with high rental prices
the news can be manipulated. the reality is on the people's shoulders. this year (2024) the rent has gone up about 6% and like the place where i live its value have gone up 700K to 1. million $ this year according to the local real estate flyers. and they are hiding sale's banners, so people don't know how fast the homes are sold. growth rate of inflation has a little bit slowed. that doesn't mean it is retrogressing. it is rising and it has to be whether there are buyers or not. the market requires a lot of monetary inputting, and it has been being done. the system we made is set to pull the things up in a normal economy and world.
The government hasnt do anything to increase the supply, isnot the tax reform is the cheap n fast build of housing, not build instruments build manufacturing housing for low income people
It's not really a free market... that's part of the problems..unless you're super rich than no rules.. Aus turned into a woke nanny state long ago, almost commi... filled with rules, regs way way way over governed.. and now they are destroying whats left of the nicer suburbs, too, with over development and population due to never-ending greed... another zio shill country.
Capitalism is great, we just have a shortage of homes being built, while also having a growing population. This problem has been going on for years. It's basic supply and demand.
Here where I live the rent is expensive too for the earnings we make. I have a decent job but I have problems to provide for my family. On the other side the bullshiter makes billions from plundering my intellectual work, he just returned from vacation with his yacht. He was in Antalia, Turkeiye
@@SalamNaser-c6hsame in Australia. And still are. Its disgusting and this government just let in another 335000 people so far this year. Where are they going to live and do what .. Be given everything on a platter ..
@@sensaznalit is equally same in Canada. People can't afford buying or renting the house and many forced to be homeless. The price of the house in Canada is even more expensive.
HOW IS DE COUPLING FROM CHINESE MONEY WORKING OUT MATEY? YOU HATED CHINESE CONSTRUCTION COMPANY, RIDICULING THEM FOR BUILDING APARTMENTS. THIS IS A CRISIS OF YOUR OWN MAKING.
@@Eric-kn4yn The X-ionists shouldn't have stolen Palestinian land, and the British shouldn't have facilitated that theft, and you should educate yourself...
A problem or an pportunity?... a house in the same city as your parents is not a "right". Move out to regional Australia where houses are cheaper... build the community around you,as humans have done throughout history. Australia needs more built up inland cities,this process takes time and hard work. More people move, more services become available, more people move, the town grows and your property increases in value... This is how villages become towns, then cities. No one or government owes you a house...
So in other words keep destroying more land, felling more trees and paving more paradise to put up more parking lots? Theyre building up cities in rural areas i lived in as a child and it saddens me greatly to see. As someone who was born here and grew up there and interacted with the nature around me i feel connected to it. I intended to go back some day but irs already too late. Dont recognise it anymore and my connection is lost. Hurts to see it torn up. Turned into empty highways with 'overtaking lanes' If we have to keep destroying it because we have too many people then we need to see ourselves as what we are... a natural habitat destroying opportunistic breeding species and act accordingly. If we were another mammal we would cull ourselves or steralise ourselves but since were human i say we should have the choice to just put our willies away and close our legs. Ps if it matters im not even black, im white. And i too have a connection to the land i was born and grew up in. The trees i climbed in etc. Fancy that. You know who was really here first?.....Nature
A lot of people think buying a house in Australia especially in popular city Sydney is not achievable but that is not 100% correct ! I see young kids and young ppl buying house 🏡 and apartments using money from parents plus they have good jobs! So this news is not true ! Plus a lot of older ppl who have 1 or 2 houses 🏡 have money and they use this to buy another small house,?but does it mean they are greedy ? No , because the cost of running a house , paying for mortgage & bills & fees & tax is always negative after you calculate all expenses ! So why they do it , because they can then sell 2-3 to pay off 1 loan ! That is how it helps them to become debt free…
Melbourne has become Mumbai and Mogadishu
MUMBAMELBOURNE thats why dan left "f-witt politicians we should send then to CANBERRA! see how these wokies like it!
And Sydney had become Little China.
@@MsJustice4ever no big china and bigger gazaland
@@pkd6369 true that 🙃
So many smelly rag heads
Housing should be basic necessity instead investment of company or rich people.
True. It is because the negative gearing for investor backed by government.
Sadly too many stupid people don't understand that you can invest your money in other things besides housing. Those idiots have caused this mess.
For a country the size of Australia, the need for building granny flats in your own home is just astonishing.
what about the gov useing shipping containers they work really well dome with correct methods ,immigrants when i came here "under white policy we GOT ZILCH had to even pay for blankets and electric fans"now we give them anything to appease these rentseekers "and they know it!!!
BC the land is ridiculously expensive ,you cannot buy any land ,land tax is just crazy by Gov
@@mola8973 THE Politicians love skyrocketing house prices because they mostly all own 2 or more Councils raise rates Stamp duty take goes up ,hence rent and LANDtax also goes up.?
@@pkd6369 yeah
Neoliberalism. 30% of assessable income is still the measure of acceptable rent costs here in Australia. $67k AUD and below is now low income, but if a person is living in a dual income home on that, they're most likely living with severe housing stress.
Subsidised housing and grants just pushes prices higher.
We need public housing so that rent can be controlled by the government and is kept below 25%.
The issue is that all our politicians are housing investors. The countries mindset and sense of community has been degraded by neoliberalism into an acceptance of austerity, selfishness and greed.
It's disgraceful and truly sad to see how the country has degenerated into landlordism and elitism. Working people generally are manipulated by the corporate media and blame immigration rather than the degenerate policies of our elected right-wing parties. It's bloody awful
It's not just politicians, a lot of Australians are investors, even young ones, they all want high property prices, 2/3rds or Aussies are home owners, a portion of them landlords to, and most of them want to see their investments go up year by year, not all, but most. A lot of people will compete to be on top, and will focus on their own interest first, not all, but a lot of them will. Therefore it is unlikely to change as over 50% for Aussie want their money to go up, without looking at how much it's hurting the country, but I feel like some a starting to realise. I see some landlords are a bit embarrased being landlords now because they know how screwed those without a home are. But even with that, they will keep investing, but they'll just hide they're status and try to be sympathetic.
I agree with most however If you think immigration is NOT a big part of the problem then you’re just as dishonest as the pollies
NEOLABORISM or ALBOLISM also they are all fools and truthbenders
YOU need public housing? YOU pay for it. Not me, I have my unit to pay off, not someones else just because he cant do anything valuable but DeservesHousing, and of cours in Rocks, not in Penrith.
@antontsau what are you talking about? It's woven into modern democracy. You don't get to choose where tax money goes. You don't get to choose what surplus is spent on either. Do you even know what it's spent on? You do realise that people with disabilities, aged pension and single parent homes are most affected right?
It's great you have the means, but other people don't. This isn't a a barbaric society, or is it? The mindset tells me it is. You don't bully or exploit marginalised people. That's what civilisation is meant to be defined by. Uplifting each other. Not veiled policies of feudalism and psychopathy
Sadly, the complexities are of 9 years of a conservative Liberal National Party Government failed to invest in Social/community Housing, and gave subsidies to Wealthy People Investors, that have STOLEN the Housing affordability from younger people. But also lifted Rents beyond the scope of most and particularly Older People - whilst removing Pension availability by another 2 years, under this present Labor Party Government. Poverty is the cause and since Covid has become a normal that NO one wants to address in Wealth Re-Distribution. Weaponry Expenditure for Wars to Genocide, as with USA and UK overtakes caring for Citizens.
Flood gates to mass immigration were opened in 2022 by Albanese Labor. Not discounting Liberals doing similar, but unprecedented mass immigration that caused never seen before housing crisis started in 2022. And it seems to be only getting worse by the day now.
You exactly pointed to the problem!!! I wonder how they can’t see that ?!!!
What? you meant Labor? oh..you coming from.... okay okay
We arent doing much better here in Canada my Australian friends. We have too many foreigners taking jobs and housing and we are all close to being homeless
The Australian government is flooding the country with immigrants yet it if you call it out you're automatically branded a racist by people who don't understand the basic laws of supply and demand.
It's the same story across the entire Western World actually ... necrotic-neoliberalism rules
Write to our dumb immigration minister befor he getts kicked out at next election"
What is classed as affordable housing? The median wage is $80,000 so housing should cost no more than 3-4 times the yearly salary. So affordable housing would equal $240,000 - $320,000. NEVER gonna happen if it did it would be of very poor quality and build. When most Aussie building standards are below par anyway.
That's the the thing, houses cost 8-9x income now or something but they're built as if they should only cost 3-4x income. And idiots still buy them.
@@Spacemonkeymojo ticky tacky homes very poor quality fail WHO standards and yet people still buy them
@@Spacemonkeymojopeople have no choice. You either live in an insecure rental no family stability or buy and have stability.
@@sapiens7821 so they still have a choice. Do the choices suck? Yes but people who go out and borrow heaps of money to buy a house are just propping the market up for everyone else who bought a house before them.
A family will want stability it is provided by buying a home. It’s are primal instinct to provide safety, security, stability. It’s rare to find this in a rental which adds to the stressors of a family or in a relationship. Which can be sold or the rents hiked up at any time.
The rental maybe located within a less desirable location adding to the stressors of the family dynamics or occupier.
A person or family will pay whatever it takes to obtain the best cave (home) with the best resources ie schools, shops etc.
If the man is unable to provide these things the relationship is more like to fail. The female is more likely to leave and find a more suited mate to provide her needs. Depending on her social status needs and wants.
If the couple is of equal status and the female is content with what the male brings and share what they bring to the table the relationship is less likely to break down.
We live in a complex westernised society where people have different needs and wants. To find a home is hard due to increased demand and less supply. The majority and quality of the homes are usually subpar and of poor quality. Unless you are of a high social status can you afford the good quality homes and location. The poorer classes will fight amongst the expensive scrap heap
Relying on the private sector , is like relying on energy companies for affordable fuel . Build a granny flat , then the council will be your new land lord , with higher council rates .
Same, if not worse, in New Zealand and Singapore and Hong Kong and much of the United States….
Not Singapore, most people stay in government housing. Australia needs to learn from Singapore. Despite limited land and dense population they’re managing well.
@@lorgerdat Yet, the costs for real estate in Singapore is quite high.
1950s 60s was a different world 21C post industrial.
I wish I was an adult then. An Australia less busy and congested. When a working family could live anywhere. House, Yard, One wage happy wife happy life
Australia has been ruined. DON'T MOVE HERE.
When will the government wake up and realise that this is a disaster. Very sad 😔.
They won't - it would scare both their base & owners.
Until people start rioting, nothing will change.
Happy to crap in their own nest
While any Government allows land and housing is be used as a wealth building strategy and also does not invest in more social housing then rents and houses will become more expensive and less affordable to many people.......
Governments will tell us how we have access to luxuries like LED TV's. But a person who doesn't own their own home can't afford to buy luxuries like nice tv's or going on holidays. Most people have their priorities straight. People will have to have their needs met first, which is shelter, before they spend on luxuries. If people can't afford homes, you stifle the economy and therefore progress. As people will only be buying essentials and feel miserable because they have no security or safety net. Government thinks they can make a great economy by making housing very expensive, what a dumb move, there's a reason why our productivity keeps dropping.
Our studio is only 27sqm but it beats the street or outer subs.
What’s wrong with outer subs?
No party of government is going to ease the housing supply issues because it lowers house values and that is an indicator that the political party won’t be reelected.
Higher construction costs and government support wasn’t the major reason why home ownership became accessible to more people. It was minimal rates of migration and protection from foreign ownership and investment which ensured that housing stayed solely within the domestic market. Loosening of home ownership to the global market was a way for globalist neoliberals to disguise the fact that their policies since the 80s had made average Australians actively poorer. Sure somebody who bought a house in the 80s has seen it appreciate in value but that individual’s earning and saving potential along with their buying power in general has incrementally but constantly been trending downwards. Heck reverse mortgages are a thing only because older people who paid off their mortgages are now having to sell themselves off to the banks once again just to survive. This system is however starting to reach a saturation point. What lies at the end however will be the most almighty recession or even a Great Depression of all time. Also given that national governments are thoroughly in debt I wouldn’t expect the sort of financial bailout from them to survive. Basically things are going to get much worse.
Does 'Workers Party of Australia' have a website??
Own my home drive a 5k Getz ..Six people at my work have massive
mortgages and have 150k European SUVs..And you wonder why there's a housing crisis
Laws are made to control human greed. In case of housing this is being left unchecked, subsidise owning homes and tax investors. Use bonds & cooperative banks that allow private citizens to invest in building more houses, a private and public partnership. This will keep cost low and provide decent returns to investors.
Immigrants of 1950s came here to work. Ozzies of 2020 just demand from govt to Provide Housing. Give uuuus! We deseeerve!
No such a housing crisis in Australia. Only crisis of human trash oversupply
Facts
@@frednirks3718 do you actually understand mathematics and numbers? Can you calculate and compare the average salary / average property ratio back then versus today?
Your comment is not only condescending but beyond ignorant.
Something tells me you also don’t have children who are getting to the age of flying the nest. If you would, you’d understand the struggle.
We have the same problem in the UK. I’m older but my sons are young and they have very low chance of ever getting on the property ladder without help from parents.
I’m scraping and saving in the hope of supporting them when the time comes, and I’m gutted for the next generation. It’s harder than it’s ever been to start out. No job security, the economy is ruined, the cost of living is through the roof, and property prices are unaffordable. Yet you come here virtue signalling for the older generations who had it by orders of magnitude easier than the current young generation.
The problem will never be fixed, The problem and solution is that public servants can not own investment properties, then they will not be bias/corrupt and might make rules/laws to fix it, but why would they want to lose money when they are making money from the shortage. This story was not done very well. Most Australians can not afford a Granny Flat lol. And you think paying more money on a Granny Flat (can cost well over $50,000 then you rates and everything else goes up, need sewer and water, more costs and in Australia it is alot) also the rate of Granny Flat adoption is also very low, as it is not a viable option for alot of people, cost wise, zoning (alot of areas and council's will not allow you to build one) and these people are under rent/mortgage stress and you think they can afford to install a granny flat lol. Not a fix for a renter really ether is it, especially since they are half the people your talking about in your story. Please research a topic correctly, not just going for what you think is good click bait.
Councils can collected more on rates and sewage on 1,000 unit complex apartments in the cities from private sectors than government housing in surburban areas.
Not that long ago In the U.S. the government definition of affordable housing was 25% of income. Now that definition isn’t used anymore. There also used to be environmental impact assessment and other curbs on development that got shelved. According to Austrian economics all the loosening should have lowered prices. Instead they shot up. In the U.S. it is really generational. The boomers in the U.S. are the most self serving generation in history. Their parents made many sacrifices for their children that the boomers never will. For many they consider it an ethos to be the direct opposite. Things won’t improve until there’s an adjustment in prices and they will do everything they can to keep them high since they are the primary land owners.
Is the developers who donated to both parties, and not to build government housing. Thats why is the developers influenced the government's policies. Is two different housing market one is private the otherone is the government housing. If you look into Singapore you see most people having government housing, Singapore is copy from Uk, if you look at the UK property market the 2nd major cities like very affordable like Manchester.
The best solution would be for Australia to stop daily immigration untill enough houses can be built to support the existing population. Currently we import more DEMAND daily by immigration than we SUPPLY completed home builds per day.
Yeah but that would be racist /s
well....at least both government parties can afford to free up government land to build tent cities across the country as they do for refugees around the world to at least give family's living in their cars and the homeless a safe place to sleep until affordable and social housing can be built in the next 20 to 50 years to house them as building companies are collapsing and theres a shortage of labor and materials while billion dollar overseas investors are building highrise units across the country at prices out of reach for most and with high rental prices
the news can be manipulated. the reality is on the people's shoulders. this year (2024) the rent has gone up about 6% and like the place where i live its value have gone up 700K to 1. million $ this year according to the local real estate flyers. and they are hiding sale's banners, so people don't know how fast the homes are sold.
growth rate of inflation has a little bit slowed. that doesn't mean it is retrogressing.
it is rising and it has to be whether there are buyers or not.
the market requires a lot of monetary inputting, and it has been being done.
the system we made is set to pull the things up in a normal economy and world.
The government hasnt do anything to increase the supply, isnot the tax reform is the cheap n fast build of housing, not build instruments build manufacturing housing for low income people
This is what happens when you ignore Perth.
All the jobs are in the cities. All the cities have no space for new houses.
Maybe find a way to create jobs in rural areas when housing is cheap?
lol nice solution who buys the 1.4 M house in the first place to put a granny flat on?
knowing how the Government works. Affordable house = cheap, low quality dog box.
I have a 50 year old dog kennel, not renovated 20ks from Brisbane. And we earn $328k a year.
Free market capitalism is wonderful, isnt it?
It's not really a free market... that's part of the problems..unless you're super rich than no rules..
Aus turned into a woke nanny state long ago, almost commi... filled with rules, regs way way way over governed.. and now they are destroying whats left of the nicer suburbs, too, with over development and population due to never-ending greed... another zio shill country.
IDF go hard or go home.
Capitalism is great, we just have a shortage of homes being built, while also having a growing population. This problem has been going on for years. It's basic supply and demand.
@ಠ_ಠ
It's not a free market though. Too much central control and regulation
mum looks like doris day 😁
Only dreams you have now is the bottle shop being open so you can forget about your future which doesn't exist sick could world
Here where I live the rent is expensive too for the earnings we make. I have a decent job but I have problems to provide for my family.
On the other side the bullshiter makes billions from plundering my intellectual work, he just returned from vacation with his yacht. He was in Antalia, Turkeiye
Bad karma
Thank the Middle East.
it is worse in Canada!!!!!!!!
No it isn't
Yes during Covid prices tripled in Canada!!!!
@@SalamNaser-c6hsame in Australia.
And still are.
Its disgusting and this government just let in another 335000 people so far this year.
Where are they going to live and do what ..
Be given everything on a platter ..
@@sensaznalit is equally same in Canada. People can't afford buying or renting the house and many forced to be homeless. The price of the house in Canada is even more expensive.
Australia is Canada 3 years ago.
HOW IS DE COUPLING FROM CHINESE MONEY WORKING OUT MATEY? YOU HATED CHINESE CONSTRUCTION COMPANY, RIDICULING THEM FOR BUILDING APARTMENTS. THIS IS A CRISIS OF YOUR OWN MAKING.
There should be a 200% tax on foreign property buyers, that’ll help.
The very crisis is in Gaza
Then gazans shouldnt have started war with israel.
@@Eric-kn4yn The X-ionists shouldn't have stolen Palestinian land, and the British shouldn't have facilitated that theft, and you should educate yourself...
A problem or an pportunity?... a house in the same city as your parents is not a "right".
Move out to regional Australia where houses are cheaper... build the community around you,as humans have done throughout history.
Australia needs more built up inland cities,this process takes time and hard work. More people move, more services become available, more people move, the town grows and your property increases in value...
This is how villages become towns, then cities.
No one or government owes you a house...
So in other words keep destroying more land, felling more trees and paving more paradise to put up more parking lots?
Theyre building up cities in rural areas i lived in as a child and it saddens me greatly to see. As someone who was born here and grew up there and interacted with the nature around me i feel connected to it. I intended to go back some day but irs already too late. Dont recognise it anymore and my connection is lost. Hurts to see it torn up. Turned into empty highways with 'overtaking lanes'
If we have to keep destroying it because we have too many people then we need to see ourselves as what we are... a natural habitat destroying opportunistic breeding species and act accordingly. If we were another mammal we would cull ourselves or steralise ourselves but since were human i say we should have the choice to just put our willies away and close our legs.
Ps if it matters im not even black, im white. And i too have a connection to the land i was born and grew up in. The trees i climbed in etc. Fancy that.
You know who was really here first?.....Nature
Lol so boomers need help from their kids due to their poor choices. How many holidays did they go on, how many have you had by there age at the time ?
A lot of people think buying a house in Australia especially in popular city Sydney is not achievable but that is not 100% correct ! I see young kids and young ppl buying house 🏡 and apartments using money from parents plus they have good jobs! So this news is not true ! Plus a lot of older ppl who have 1 or 2 houses 🏡 have money and they use this to buy another small house,?but does it mean they are greedy ? No , because the cost of running a house , paying for mortgage & bills & fees & tax is always negative after you calculate all expenses ! So why they do it , because they can then sell 2-3 to pay off 1 loan ! That is how it helps them to become debt free…