Australia’s housing crisis set to be ‘even worse’ in 2024

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  • Опубликовано: 16 янв 2024
  • Shadow Housing Minister Michael Sukkar says that Australia's housing crisis is not over yet and things are only going to get "worse" for Australians in 2024.
    Mr Sukkar's comments come as construction industry chiefs warn construction levels are not on track to meet the Albanese government's target of 1.2 million new homes.
    The Australian Bureau of Statistics released figures revealing building activity in the September quarter plunged to its lowest levels in over a decade.
    The figures, highlighting a 22 per cent drop in new home starts compared to the year before,
    "In fact, for the Albanese government to meet their targets, it would need to grow that quite considerably," he told Sky News contributor Steve Price.
    "It's not even staying still, it's going backwards by 22 per cent, so it’s a humiliating catastrophe really here for the Labor government.
    "So sadly what it means that Australians who witnessed or experienced the housing crisis caused by Labor in 2023 thought that was bad 2024 is set to be even worse."

Комментарии • 249

  • @user-gj1gk9dn2h
    @user-gj1gk9dn2h 4 месяца назад +80

    Let’s be truthful both political parties do not represent the Australian people.

    • @retrothingz
      @retrothingz 4 месяца назад +8

      Very true. But the amazing thing is that the mushrooms continue to mindlessly vote for the same Big Australia Ponzi parties election after election but expect to get totally different results from a policy viewpoint

    • @DC180
      @DC180 4 месяца назад +10

      In future , a comment like that you will be classed as spreading misinformation and you will be held accountable and get a knock on your door

    • @Paddy234
      @Paddy234 4 месяца назад +2

      Yes they do unfortunately otherwise they wouldn't get into power.

    • @bradg7701
      @bradg7701 4 месяца назад +7

      One Nation

    • @LeaMumof3
      @LeaMumof3 4 месяца назад +1

      Correct. With no alternative. We've even lost our decent independents.

  • @NinjaKuma
    @NinjaKuma 4 месяца назад +42

    I just spent the morning in a call with the local Council (government), a Town Planner, an Architect, our next door Builder discussing the project in the yard of a +1500m property.
    They want us to put up a suspended concrete driveway & parking spots before they issue a subdivision (cutting the land into seperate properties) which lets us put in a Development Application to build on the land.
    We were asking can we build the driveways AFTER we build the houses as the driveways block our access to the yard since they are suspended.
    They f-cking told us to get a crane (you know those massive ones they use for buildings?) or put in ANOTHER development application for this whole thing (which takes 6-12months plus $50,000 - $100,000) and nullify our current one, which we spent $100,000+ getting approved...
    The Northern Beaches council is creating unnecessary steps just to force us to waste money and create work for the local businesses doing planning & compliance
    And people wonder why Australian housing is so expensive and why building more homes is soo slow.
    Just look at the costs....

    • @WarrenWilliamson-rx2sc
      @WarrenWilliamson-rx2sc 4 месяца назад

      Its all part of the plan to destroy middle class - JFYI

    • @sometingwongwai9679
      @sometingwongwai9679 4 месяца назад +3

      what are you complaining about?? this bureaucracy is why your property value worth so much. Why do you think Zali Stegall is voted in??

    • @WarrenWilliamson-rx2sc
      @WarrenWilliamson-rx2sc 4 месяца назад

      You must be young --- Good luck young fella @@sometingwongwai9679

    • @Flomdcho
      @Flomdcho 4 месяца назад +1

      The above commenter is literally the problem with this country…
      Buy up good family sized blocks that people used to take for granted and turning them into dog boxes at a premium price tag… no sympathy here

    • @angelachanelhuang1651
      @angelachanelhuang1651 2 месяца назад

      I'm not a native English speaker and attended a American university

  • @tamrix
    @tamrix 4 месяца назад +33

    It’s almost time to just live overseas.

    • @jpscott126
      @jpscott126 4 месяца назад +3

      Same thing happening in a lot of western countries.

    • @myday2704
      @myday2704 4 месяца назад +7

      I genuinely don't understand why immigrants are dying to come here, they are probably better off at home!

    • @thedownunderverse
      @thedownunderverse 4 месяца назад +4

      Yep, time to bail

    • @retrothingz
      @retrothingz 4 месяца назад

      ​@@myday2704About the only ones who will come to Australia now are from utterly dreadful third World countries like India and China. Indeed the way it's going, Australia will effectively become a third world country within the near future which means that few, if any, people from other western countries will want to relocate down under.

    • @rennmaxbeta
      @rennmaxbeta 3 месяца назад +4

      ​@@myday2704it's so expensive to live here, how do they survive when we barely can? Are they getting big handouts?

  • @SOz-uf5yq
    @SOz-uf5yq 4 месяца назад +71

    International students, the relatives of workers the relatives of those students, Asylum seekers refugee people on humanitarian roots, I can go on and on. No wonder why our children can't afford to buy or rent. It is so disgusting.

    • @darkphoenix8350
      @darkphoenix8350 4 месяца назад

      no, you Aussie are fckng lazy and don't want to work. That's why Aussies have no place to live. Go to Vaucluse and they're all rich Chinese that barely speak a word of English.

    • @janew5752
      @janew5752 4 месяца назад +10

      Exactly the same problems as we have in the UK. I fear for the younger generation

    • @christinebell37
      @christinebell37 4 месяца назад +2

      Chalmers needs his budget to look good. Homeless Australians are just a darned inconvenience

    • @nilupulwijesinghe7186
      @nilupulwijesinghe7186 4 месяца назад +6

      Country is built on migration. So can’t blame that lol

    • @willnewby5204
      @willnewby5204 4 месяца назад +5

      Spot on but if I highlight these basic facts I’m branded a racist.
      We look after internationals far better than the growing number of homeless that sleep rough in our CBD each night.

  • @YB-ok1ny
    @YB-ok1ny 4 месяца назад +38

    The refugees soon to arrive will be given priority social public housing on day of arrival. Hence, those on the long waiting list continue to wait and wait for years.

    • @LeaMumof3
      @LeaMumof3 4 месяца назад +7

      Yes. A flaw in the system. I remember as a homeless teen being told I should be thankful I was so privileged when I commented on why asylum seekers were being given five star hotels to stay in. I'd have liked to have been given an equal chance. Instead, I was left on the street, abused and told I should be grateful. The worst thing? I believed them and swallowed the guilt of daring to complain.

    • @Hangover-ry9bo
      @Hangover-ry9bo 4 месяца назад +1

      its the european model

    • @Dash829
      @Dash829 4 месяца назад

      All ready do have housing , every time a Australian family move out, the house is now occupied with migrants, who use the garage as a spare room turn over every few months with new people!!

    • @CarolynReid-mp4qs
      @CarolynReid-mp4qs 4 месяца назад +2

      Yeh seriously this needs to stop already.

    • @Dash829
      @Dash829 4 месяца назад

      The already do, go online or FB they have it so organised it’s a insult for us Australians..They know what suburbs to live in You have Real Estate’s and mangers who are so corrupt..it’s a organisation for immigration..

  • @peterremkes9376
    @peterremkes9376 4 месяца назад +17

    You're not telling me that the housing shortage was caused by Labor are you. Both major parties are guilty here because there has been a housing shortage much longer than Labor's time in office. The Liberals should at least tell us that they are part of the problem and not just blame the other party. That is just not right.

    • @jpscott126
      @jpscott126 4 месяца назад

      It has just been made worse from the inflow of migrants

    • @retrothingz
      @retrothingz 4 месяца назад +3

      Please don't ruin the dreamworld here in the Sky News echo chamber by introducing any uncomfortable facts into the narrative

  • @mjoseph3333
    @mjoseph3333 4 месяца назад +12

    It's now nearly a million bucks to build a modest new home these days,..... 600k for 375sqm blocks or 700k for a unit.
    With only a 60% chance the builder or the developer won't go tits up after getting people into high interest mortgages with our record profit making banks.
    The government needs to pressure the states to develop and release land.

  • @leahmorris3941
    @leahmorris3941 4 месяца назад +8

    My daughter and children live with me they can't find a rental affordable enough

  • @LeaMumof3
    @LeaMumof3 4 месяца назад +32

    Weve been stung from every angle. First home buyers. The land we bought in 2021 had its title delayed due to lockdowns. Then when we started building, our builder went into liquidation. It took 9 months to find another builder to take over. 5 months on they are only just bricking. Our rent has gone from $450pw in 2021 to $650pw in 2024. Our mortgage repayments based on when we purchased would have been $750pw to $1200pw. On top of that my income is way down as i have an ecommerce business heavily impacted by the interest rate rises and cost of living rising. Immigration needs to end. Theres not enough houses for the population here. Add to that the natural disasters if fires and floods taking houses from the market and we are in a really bad way. Focus on ensuring families here are comfortable enough to be able to have children. Or we'll be chasing our tails with immigration in another 20 years again. We need to increase our replacement rate.

    • @purebloodnordicroamer7955
      @purebloodnordicroamer7955 4 месяца назад +11

      Your comment is bang on the money.
      But also, may l add.
      If nobody had taken the jab and defied the government, and kept our borders open, the reserve bank wouldn’t have had to raise bonds to lend money to the government for a vaccine. Hence high interest rates.
      That’s where it all started, the safe and effective that never worked.

    • @b.alexanderjohnstone9774
      @b.alexanderjohnstone9774 4 месяца назад +2

      Immigrants grow old too and use a helluva lot of services in the meantime. I totally agree that we need more families having children but that is just an excuse from politicans who want new voters/cheap labour/artificial bump to GDP (but NOT to real economic growth or GDP per head). We could do much more to support families. Lack of homes and crowded health services etc from mass immigration is hardly going to encourage one to have an extra baby.

    • @myday2704
      @myday2704 4 месяца назад +2

      I'm sorry to hear this how stressful for you. It makes me mad to hear about stories like these, hard-working people totally screwed over by an over reaction to a virus that is now running rampant anyway. The lockdowns created all kids of economic distortions which kicked off inflation on everything from rent, building, fuel, food etc I feel we have a few bumpy years ahead until it stabilises. I definitely agree that immigration needs to either pause or drastically slow down to give the country a chance to catch up.

    • @HyperIndian
      @HyperIndian 4 месяца назад

      So out of everything that's happened, your takeaway is immigration is the problem?
      Not the RBA increasing interest rates ridiculously? Not the government not prioritising housing even though we had a shortage back in 2019? Not builders for acting dodgy and then going under?
      Migrants who have zero say, can't vote and literally just comply with government visa policies are the blame?
      That's your realisation? Damn you are seriously dense

    • @LeaMumof3
      @LeaMumof3 4 месяца назад

      @@purebloodnordicroamer7955 I got hit there as well. A nice case of tachycardia and a loss of half my once perfect vision. I now can't see my children's faces without glasses.

  • @glennbarton8265
    @glennbarton8265 4 месяца назад +19

    How can you build a home. When it takes over a year and no guarantee it will even completed labour has destroyed this country

    • @joebloggs6131
      @joebloggs6131 4 месяца назад +1

      Time to think outside the box - forget Houses, think factory-made, pre-fab, flat-packed on truck, transported to site, lifted off by small hire crane.
      - Provided you have site ready with foundations done / crane hire / truck hire, there is no real reason the dwelling can't be up and ready to live in after six hours (a working day if you're organised).

    • @myday2704
      @myday2704 4 месяца назад

      Incorrect. The lockdowns destroyed the country just admit it.

    • @myday2704
      @myday2704 2 месяца назад

      Incorrect. The lockdowns destroyed the country! What do you think created the massive demand for housing from 2020 onwards??? WFH, move to regions, more divorce due to lockdowns, people wanting more space because they were stuck at home. The idiots that called the lockdowns are responsible.

    • @stevep4383
      @stevep4383 Месяц назад

      yeah cause it has nothing to do with a decade of liberal policy, or the policies of the liberals in regards to negative gearing back in the day. Youre delusional

  • @clydesimpson1462
    @clydesimpson1462 4 месяца назад +12

    There will be about 100,000,000 solar panels coming off line in about 20 years time, surely someone can design an affordable house using the old panels.

    • @dodgeboy9052
      @dodgeboy9052 4 месяца назад +3

      You mean build glass houses ... ?

  • @EastWood2004
    @EastWood2004 3 месяца назад +2

    I have heard of the unaffordable housing crisis for last 3 decades
    I don’t know if the Govt is willing to fix the problem while we had several PMs from John Howard to Albanese.

  • @rob9340
    @rob9340 4 месяца назад +9

    There is no shortage of land in Australia. Sure, a lack of trade's people. But housing, in its most simple form should be affordable to an employed person.
    The market is so skewed with double ended tax incentives, and foreign investment, your average wage earner in Australia is looking at living in a tent.
    Or.. take their skills and move to a country where they can live comfortably, buy property, get a doctor appointment on the day they organise it. Drive on roads that are well maintained, with minimal taxes/rates/duties.
    And incentives to emigrate.
    I was a child immigrant to Australia. I love Australia. But I am failing to see a future here for me. Which makes me very sad.
    If things do not improve, I will try to emigrate. It is unsustainable.

    • @gregsullivan7408
      @gregsullivan7408 4 месяца назад +2

      If there's no shortage of land, why are they ruining our beautiful cities with over development?

    • @HyperIndian
      @HyperIndian 4 месяца назад

      Then PRIORITISE skilled tradies coming to Australia.
      Right now it is extremely difficult for tradies from DEVELOPED countries to move and get a PR in Australia. The CFMEU have lobbied the government to prevent this. Yet they're causing this problem

  • @TheScary79
    @TheScary79 4 месяца назад +9

    I would love to buy a house but at around $100k to $150k deposit in my mid 40s will never happen

    • @joebloggs6131
      @joebloggs6131 4 месяца назад +1

      Think different! Pre-fab housing, truck transport to site (which could be a small parcel of land leased from a farmer or something) - and a ~six figure entire cost. A bit less daunting than a ~six figure deposit.

    • @edr.inc.4650
      @edr.inc.4650 4 месяца назад +2

      I'm 47, just bought a house for $750k and only had $63k deposit.... It can be done... Unfortunately I won't pay it off until I am 77😂😂

    • @joebloggs6131
      @joebloggs6131 4 месяца назад

      @@edr.inc.4650
      Good luck to you, I'm not going in anywhere near $700K debt... $200K at any given time and perhaps refinance a few times over the course to unlock more equity...

    • @TheScary79
      @TheScary79 3 месяца назад

      @@edr.inc.4650 well done mate. it's not an easy road but a worthwhile road I've not given up yet. but dam the more I save the higher the prices get.

  • @brothermaynard3200
    @brothermaynard3200 4 месяца назад +11

    It's tragic that so many Australians have to learn the hard way. Those of us over 60 could have told them what to expect...

    • @Genesis240
      @Genesis240 4 месяца назад +5

      Want to elaborate? Are you comparing previous economic situations to the current situation or are you claiming labor is an inferior party?

    • @brothermaynard3200
      @brothermaynard3200 4 месяца назад

      @Genesis240 I don't want to elaborate, but I will. For a start, this government is showing all the signs of another arrogant, elitist, and frankly disastrous Labor government from the 1970s... It lied its way into power and now finds itself in desperate straights because it doesn't have the collective wits to solve the problems confronting everyday people. Instead, it focuses on ideological pipe dreams, deflection, and blame shifting. That's its modus operandi. It confuses politics with proper leadership. Then, there are those of us old enough to remember the misery of the Keating government. There is a useful comparison with previous economic circumstances.
      Is the ALP 'inferior?' Let me paraphrase an old Labor MP who once said 'when I joined the Labor Party it contained the cream of the working class. Now, as I look around, I see the dregs of the middle class.' Enough said.

    • @joebloggs6131
      @joebloggs6131 4 месяца назад +2

      Tell us Boomer; from your own extensive knowledge...

    • @brothermaynard3200
      @brothermaynard3200 4 месяца назад

      @joebloggs6131 I thought I had in response to another fellow travelling cretin. Can't you read? Can't you work things out for yourself? Does your useless generation, whatever it may be, need to be told everything? Has it learned to wipe its collective arse yet? That said, two names spring immediately to mind: Whitlam and Keating.

    • @Flomdcho
      @Flomdcho 4 месяца назад

      Typical boomer… you are the one that caused this

  • @truthandlife4101
    @truthandlife4101 4 месяца назад +4

    Land price is a rip of , we are a land of plenty so free up some land and things will change
    but interest rate is to high for the build cost with all the green deal red tape.

  • @soup-nazi6824
    @soup-nazi6824 4 месяца назад +7

    Albo isn't affected by the housing crisis he has a mansion to live in with plenty of empty rooms he won't be taking in an immigrants though...😅

  • @jaypatel3979
    @jaypatel3979 4 месяца назад +8

    No one can fix all these mess
    Thanks Labor

    • @rosemariegough9236
      @rosemariegough9236 4 месяца назад

      Australia is screwed by the government there’s nothing they can’t fix this mess cause they are care about their big check in their bank account and for their own families not for Australian people to this country. This government are laughing themselves off this mess

    • @asifulzead
      @asifulzead 4 месяца назад

      yeah doubt even the coalition would be able to bring any change in thier first year, labor basically made Australia into a third world country.

  • @carolinegodden4364
    @carolinegodden4364 4 месяца назад +3

    Where do land tax revenues go? Never seen an explanation. Another black hole, possibly? Dunno. Anyone know?

  • @honahwikeepa2115
    @honahwikeepa2115 4 месяца назад +8

    It's all Coles and Woolies fault.

    • @jism1125
      @jism1125 4 месяца назад

      Down down prices are down

  • @HS-PGA
    @HS-PGA 4 месяца назад +2

    Australia has a productivity problem across the board. That’s why we are seeing unemployment starting to rise .

  • @mtpender69
    @mtpender69 4 месяца назад +3

    Next up: Water is wet

  • @dr.donpaulioni7965
    @dr.donpaulioni7965 4 месяца назад +2

    The Australian public need to understand that none of the political parties are on our side, it's all politricks not politics

  • @user-gj1gk9dn2h
    @user-gj1gk9dn2h 4 месяца назад +3

    You get what you put up with.

  • @tomjones4451
    @tomjones4451 3 месяца назад +1

    We have a builders crisis, not housing crisis!

  • @mikfax
    @mikfax 4 месяца назад +17

    We get the leaders we deserve not the ones we need. Majority of Australians want their house prices to increase. Majority of Australians think further price increases are bad for our countries future. Idiocracy is here when the majority want us to do what they think is bad for our future. But soon house owning will become a minority position then we will come after them, while the rich sit back allow the division to help them conquer us all.

    • @InfinityIsland2203
      @InfinityIsland2203 4 месяца назад +4

      Look no further than Japan to see what happens when bubble finally expands to a stage where not even billionaires want to pay such prices. All it takes is a shift in sentiment when every other industry's is dead as everyone's money is funelled I to property and mortgages.

    • @LeaMumof3
      @LeaMumof3 4 месяца назад +2

      I dont want my house price to increase. I have one house. Whats the point of having it increase? Then I have to buy another one at also inflated prices? Who does that benefit?

    • @InfinityIsland2203
      @InfinityIsland2203 4 месяца назад +2

      @@LeaMumof3 it can benefit you financially in a number of ways. Take out loan against your home at a much cheaper rate than a business loan, use equity to buy another home, sell for high price,l and move oversees etc..
      Not that its a good thing. Its horrible once tide turns and many find themselves in negative equity

    • @brothermaynard3200
      @brothermaynard3200 4 месяца назад

      I didn't vote for this dud, and I don't deserve the misery he has inflicted.

    • @mikfax
      @mikfax 4 месяца назад

      @@LeaMumof3 You can brag about being a zillionaire though

  • @Paddy234
    @Paddy234 4 месяца назад +3

    I was in Christchurch for the rebuild after there was a huge earthquake that destroyed the city in 2011. There was a similar housing crisis however the government was able to get on top of it in a few years by importing a large amounts of tradies and encouraging developers to construct a large number of new homes. No such thing is happening in Australia. The tradie shortage has amounted to construction times taking 2-3 times as long as normal. We waited MONTHS just to get a plasterer when we were building. It took two years. This has no resulted in few people wanting to build new homes and new home approvals at an all time low as a result. They spent billions on covid but refused to do anything to alleviate the housing crisis. It seems fixed to me

    • @jesseking9254
      @jesseking9254 4 месяца назад +1

      That's because it is fixed

    • @HyperIndian
      @HyperIndian 4 месяца назад

      Because tradies are NOT prioritised on the immigration list.
      We can easily bring on skilled tradesmen from the US, Canada, Europe, Korea and Japan who would happily move to Australia. But no. The CFMEU are corrupt as they can get and refuse to let the RIGHT people to come here and increase the supply of housing

    • @lueyR
      @lueyR 3 месяца назад

      Christchurch lol. A population of what? 400,000 people? Its barely even a city on a international scale. Apples and oranges

    • @Paddy234
      @Paddy234 3 месяца назад

      @lueyR Your right it is apples and oranges. Australia has LESS excuse than Christchurch. There is FAR more tradies, builders, engineers etc willing to come here than Christchurch. We only have a tradie shortage because of a closed border for Two years creating a backlog and an immigration system that doesn't prioritize tradies, the very people who actually can ease this crisis. The problem with Australia is that it has had things good for too long. It was too easy. Then it screwed it's own economy so now it has to be clinical and really work to go out and recruit the the skilled workers we need just like New Zealand done but it doesn't appear to have the capability. We seen how local state governments poured billions into wasted Covid Detention centre's such as here in WA which is just rotting away. The fact is the government doesn't want to solve the housing crisis. It doesn't want prices to drop or stay flat. That much is Evident but in a democracy the government we get we deserve so if people want change, vote for it

    • @angelachanelhuang1651
      @angelachanelhuang1651 2 месяца назад

      most of the american universities teach the information from uk

  • @DJ-yj1vg
    @DJ-yj1vg 4 месяца назад +4

    Like most labor policies, their housing policy has come crashing down like a house of cards. No surprises there.

    • @myday2704
      @myday2704 3 месяца назад

      No that's incorrect. The covid lockdowns made a bad housing situation so so so much worse. Everyone wanted space, moved to the regions, interest rates went artificially lowetc. And for what? Only to get to a point where the virus is running rampant and we just have to live with it now. The lockdown economic damage will last generations.

  • @AAAA-vu7fp
    @AAAA-vu7fp 4 месяца назад +2

    "Dreamtime stuff"😂😂😂😂😂
    Yes,you can not expect anything honest from politicians.
    We shoupd not be forced to vote for liars!

  • @sergueimikhail9654
    @sergueimikhail9654 4 месяца назад +4

    Sure. At this interest rate we’ll definitely have this housing affordability crisis for a while.😊

    • @dodgeboy9052
      @dodgeboy9052 4 месяца назад +1

      what. about twenty years or more ,,, ?

  • @ACDZ123
    @ACDZ123 4 месяца назад +3

    Thanks Albo

  • @CarolynReid-mp4qs
    @CarolynReid-mp4qs 4 месяца назад +1

    Media needs to smarten up.

  • @murrayslee911
    @murrayslee911 4 месяца назад +4

    Where is Peter Dutton? missing in action no alternative policies etc.

    • @retrothingz
      @retrothingz 4 месяца назад +1

      Sorry...but no criticism of Eggman or the Libs will be tolerated here in the Sky News conservative echo chamber😂

  • @evit8cre
    @evit8cre 4 месяца назад +4

    Grim Jim was right!..."It's gonna get worse before it gets better!..." ....worse with Labor, and better when they leave office!!

  • @MariannaMiranda-rg6xr
    @MariannaMiranda-rg6xr 4 месяца назад +1

    Albo is extremely anti Australians. 😡☹️👎

  • @John-wz8oe
    @John-wz8oe 4 месяца назад +4

    We should learn from other countries that overpopulation causes a massive hit to lifestyle, something Australia used to have is being taken away in plain view.
    Another example being born here paid taxes kids go to university here but cannot get jobs afterwards as the diversity policy leaves them at a disadvantage.

  • @thelonewolf666
    @thelonewolf666 4 месяца назад +2

    we dont have a housing crisis, we have a over population crisis and no one is talkijg about tackling that--- we cannot go on building millions of housing estates and bringing in millions a year WHO ALL BREED, we are 40 million over populated now--- we cant let australia be one big melbourne

    • @rennmaxbeta
      @rennmaxbeta 3 месяца назад

      We're not allowed to state the obvious these days, unfortunately. They want the world champion breeders in this country; we are history

  • @Arizona_lilly
    @Arizona_lilly 4 месяца назад +2

    I didn’t know even australia they were struggling w housing

  • @Flomdcho
    @Flomdcho 4 месяца назад +2

    We are spiralling the drain
    Mass immigration has priced young Australians out of having children, therefor requiring even more immigration, which prices you Australians out of housing even further
    Add to that businesses have had 20 years of unchained skilled, cheap immigration. They don’t want to and in some cases don’t know how to train people

  • @draghos3810
    @draghos3810 4 месяца назад +5

    One term Airbus Albo

  • @Harrass71
    @Harrass71 4 месяца назад +3

    Can Albo tell the truth on anything???

  • @christianjohns3429
    @christianjohns3429 4 месяца назад +1

    Problem is most new arrivals want to live within 40km of Sydney cbd and property costs are huge.

    • @rennmaxbeta
      @rennmaxbeta 3 месяца назад

      Gotta ask, how do they afford it when we can't?

    • @myday2704
      @myday2704 3 месяца назад

      @@rennmaxbeta they cram 26 people into a 4 bed house and split costs.

  • @snellavision
    @snellavision 4 месяца назад +5

    The PM knew it was unachievable, because theACTUAL goal was to get the financing fund setup for Costello to exploit

  • @garg1961
    @garg1961 4 месяца назад +3

    Stuff the home ownership, how about fixing the homeless problem first, it is at dangerous levels.

    • @joebloggs6131
      @joebloggs6131 4 месяца назад

      It'll be two years next week for me, think I'll pop the cork on a bottle to "celebrate" my anniversary. This country f'n stinks. Nobody in TWO YEARS has asked "Are you ok, mate?".

  • @Chris-ei5fz
    @Chris-ei5fz 2 месяца назад

    I hope the government do succeed because it will lower housing prices and cause all the property investors a taste of the pain they are causing to everyone else.

  • @joebloggs6131
    @joebloggs6131 4 месяца назад +2

    At this stage as an "unhoused" Australian, I'm hoping it gets worse so I get to park my car anywhere at night, pitch the tent in the park, all ok and not enforceable by the Council / Police... 30°C at midnight is grounds to sleep anywhere, I'll happily go to the watchhouse or jail - airconditioned and three meals a day, delivered to me 😂

    • @myday2704
      @myday2704 3 месяца назад

      This is so sad, I really feel for you. Hang in there buddy and keep fighting for a better future.

  • @Myelso
    @Myelso 4 месяца назад +1

    I'm really trying not to have to increase my tenants rent, but its looking that way. 😕

  • @shyamchabra5355
    @shyamchabra5355 3 месяца назад

    Keep increasing the interest rates.....and not by a pissant 0/25%!!!!!

  • @stevenhart9004
    @stevenhart9004 Месяц назад

    The unprecedented increase in homeless people are a direct consequence of Labor Governments decisions, greed & lack of flexibility. I understand this because i lost my home due to labor government greed by increasing logging in my area to 50% of all trees in our old growth forest. This caused tens of thousands of tons of excessive tree refuse to be left behind & caused an irreversible drying out of some ten thousand hectares of forest, which then caused a catastrophic wild fire that decimated some 45,000HA of forests & farms surrounding the damage caused by excessive logging. Independent investigations found the irresponsible action of government caused a 60% higher risk of fire & 100% loss of forest.
    But the complicated part that leaves me with out a home was Labor then increased problems by increasing international immigrants numbers, in addition to increasing the first home buyers grant to double at a time when people who had lost their homes needed the building industry most. They then had endless knee jerk reactions & greatly increased the rules surrounding building in what they then deemed fire prone areas & forced the cost of building to impossible.
    My property had never had a fire of this potential caused by the excessive logging, was never at risk of major fire & had not had a fire in over 30 years, but now Labor has zoned it as a fire prone area, cost of building is impossible due to their new building regulations, insurance is impossible & finding trades people is impossible due to the building collapse caused by Labor due to the double grant directly after the fires which took every builder in the country to build for first home buyers instead of helping disaster victims.
    On top of this they increased pressures by enforcing the stoppage of people living in temporary accommodation like caravans, shipping containers or tents on their own properties, in combination they greatly forced up cost of living & we all see the result of endless bad decisions causing food prices, electricity prices, water prices etc becoming unaffordable.
    To further exasperate homelessness Labour also has a Federal policy to ban Owner Builders from building a home more than once in 6 years.
    This causes homelessness because the average Australian can not afford to contract a builder with out a high income, a huge mortgage & backing funds, usually including a duel wage to get a bank loan. So they are eliminating the possibility for people to have a property & build an affordable Tiny Home for example.
    If Labour changed the Owner Builder Law to allow Owner Builders to build a home once in every year, it would allow people who have previously built a home to build another one after a catastrophe like flood or fire or natural disaster. It would also relieve pressure on the building industry because more people would be able to afford to build a small home. It would mean more builders & trades persons would have more builds to work on & the result would be less trade persons would be out of work because of the building collapse Labor has now caused would vastly reduce.
    Five solutions that could help homeless people get a chance in the future to rebuild their lives are.
    1. Remove new knee jerk building rules for fire zones. Because we need cheap replaceable homes, not expensive ones that will never survive a big fire regardless of design factors.
    2. Change laws to allow Owner Builders to build a new house in every year, or after selling their home or loosing their home to disaster.
    3. Scrap all laws that stop people living in temporary accommodation on their own properties.
    4. Allow smaller minimum size homes & Tiny Homes.
    5. Reduce immigration numbers or change the laws that Migrants must build a home with in 5 years to qualify for entry, which would reduce rental pressures. This would be hard on Migrants but it would stop the rental crises from further escalating, due to Migrants filling rentals that existing Australians in trouble need right now.

  • @ruslanleoleoleo9505
    @ruslanleoleoleo9505 3 месяца назад +1

    that is not true.fake news. Australia is rich country

  • @moe2470
    @moe2470 4 месяца назад +2

    Where,s the $$ comin from sleezy? Or are they gunna be old corro & cardboard boxes?

  • @vensimo4293
    @vensimo4293 4 месяца назад +1

    Be excited 550 thousand people

  • @stevec368
    @stevec368 24 дня назад

    Self use property should get deductions on interest expenses instead of investment property.

    • @stevec368
      @stevec368 24 дня назад

      Further raise on interest will only cost renters more in this imbalance market.

  • @SueMccorkell
    @SueMccorkell 4 месяца назад +3

    I went to the government visa application sight, informed all that made a comment or asked a question about getting a visa to Australia warned them to make sure and bring your own tents, if applying to Australia as we have a housing crisis, so they know what to expect when they arrive.

  • @englishstark6100
    @englishstark6100 4 месяца назад +1

    They pack em real tight in The Middle Kingdom could do it here

  • @richardcarey169
    @richardcarey169 4 месяца назад +5

    It's good news week 😂😂😂

  • @emerson-lf7ow
    @emerson-lf7ow 3 месяца назад

    good news to hear this 😅

  • @libatalklieb5793
    @libatalklieb5793 4 месяца назад

    What have the LNP done for housing in the 10 years they were in charge?

  • @Yasen1791
    @Yasen1791 2 месяца назад

    This not the lucky country anymore

  • @draghos3810
    @draghos3810 4 месяца назад +3

    Who wants to develop housing etc in Victoria with tax council contribution fees of 5% to 10% of the build cost this is what happens when labour is in power Andrews and Airbus one term Albo

  • @glencameron5552
    @glencameron5552 4 месяца назад +2

    SKY news reporting on a story in The Australian newspaper with comments by a Coalition MP. Talk about "all in the family."

    • @binks7988
      @binks7988 4 месяца назад +2

      What at the wef family ?

    • @Bully1973
      @Bully1973 4 месяца назад +2

      Exactly like the ABC reporting on a story in The Guardian with comments by a Greens politician.

  • @DieterZimmermann-yf4le
    @DieterZimmermann-yf4le 4 месяца назад

    Really.

  • @quantumeyes8546
    @quantumeyes8546 3 месяца назад

    There's no law. It's a jungle. Tradies are dodgy. Building is a "hit and run" business.

  • @user-bp9pv4ir4u
    @user-bp9pv4ir4u 4 месяца назад

    Alberneese needs to do a reality check!! Where is he going to get all the builders- eegistered & qualified to build these houses???? He’s talking thru the hole in head head… big mouth great ideas but no reality at all.. give it away and let a real person rule who knows what they are talking about!

  • @QUIZABOUT
    @QUIZABOUT 4 месяца назад +5

    I warned many do not buy a house 10 years ago.. Once your locked in, you'll be screwed... They laughed at me and they went ahead and bought one and their mortgage was 1900.00 per month and now some of them who did not listen to me are now paying 4000.00 per month. I suggested to them is to rent and save money for a caravan. They laughed again 10 years ago. Now they are crying and losing sleep over it now. RENT!!

    • @jamesbubbastew
      @jamesbubbastew 4 месяца назад

      If they bought the average house 10 years ago it would have cost 350k and be worth 1.2mill today 😂

    • @QUIZABOUT
      @QUIZABOUT 4 месяца назад

      @@jamesbubbastew But it was a gamble..

    • @Melbester9
      @Melbester9 3 месяца назад

      @@QUIZABOUT Even if you warned them a decade ago, they could sell their property for more money and live somewhere else, whether rent or buy another home that they can afford. But of course you saw this coming with prediction. I know you didn't buy a house either. Buying a house is more expensive in Australia than in US and other countries. Australian Dollar is double that of US dollar. Other world currencies affect the value of Aussie dollar. How are the people you warned doing now?

    • @QUIZABOUT
      @QUIZABOUT 3 месяца назад +1

      @@Melbester9 I just knew the housing costs will sour. Now I hear people complaining they have to pay 400 to 480 per week for rent (for a 3 bedroom house). I told them...well go buy a house and pay 1000.00 per week on mortgage if you want. I got friends and relatives saving up to buy a house. Unfortunately most of them wont be able to afford a house. Now we got builders going out off business. And people blame it on covid. Now, In the next 10 years there will be a reset in housing again and people will be able to afford housing. The price people are paying now like 900K plus now will be worth about 500K in 10 years. Not a good time to buy a house. The market will crash.

    • @QUIZABOUT
      @QUIZABOUT 3 месяца назад

      @@Melbester9 The people I warned about 10 years ago are crying because many of them had to sell their houses and they got tiny profit but they could not buy another house. People tend to spend before they budget... Careless money handling... And a handful of them had sold their houses and renting now because the rent money was like 1/3 less then mortgage. And some are struggling and hanging onto their houses and they have about 15 to 20 years left on their mortgage. They are crying because their mortgage has gone up from 525 per week to 1000 per week. because they only had a 10 to 15 year FIXED rate home loan and they cannot pay extra on their mortgage. Couple were smart had a 20 to 25 year variable loan and they can pay extra. I know couple bricklaying buddies who paid their houses off in 7 to 10 years. He bought it for 300K and now he can sell it for 1.1 million and taxes was like 46K. It was worth buying 20 years ago. house paid off and walk away with 1 mill and some change...

  • @rodsloane706
    @rodsloane706 4 месяца назад +2

    Humiliating catastrophe for Labor Michael? This gov't has turned out to be no less so for the security & economy of this country. Albo & whoever's advising him, including his equally hopeless ministry, are just clueless.

  • @carbonite1999
    @carbonite1999 4 месяца назад

    if you look at the price of building a home , then its resale price you have ask ,are you paying for the real value or a value with a massive profit attached? banks know by now how much a home is worth to build ,a second hand home how much should be spent on maintaining that home . but will gladly lend you the money for that overvalued home . if the supply can not keep up with demand why bring in more people to make it worse .

  • @geoffreyfulton-ko1fu
    @geoffreyfulton-ko1fu 2 месяца назад

    Albo is counting on these huge numbers of migrants eventually being labour voters.

  • @adamashton6742
    @adamashton6742 4 месяца назад +1

    Ah look it’s the vaccine man

  • @drobeofwar7588
    @drobeofwar7588 2 месяца назад

    So the liberals have been in power the majority of the time for the last 30 years and you're blaming Labor??? That's incredibly dumb.

  • @younboyce7068
    @younboyce7068 4 месяца назад

    I did like labour but now they are just making every one desperate for jobs especially hard for someone who wants a particular trade or career path

  • @turbyoulance
    @turbyoulance 3 месяца назад

    Chinese have no problem buying houses here. Negative gearing is allowing Homeowner's to own 4 or more houses and turn them into Air B n B. Not sure where the 500,000 immigrants are going to live ........lolololol Maybe under a Coolibah tree.

  • @GoodBoy-sq6sl
    @GoodBoy-sq6sl 3 месяца назад +1

    Canada=Australia=New Zealand =🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃🎃

  • @lovechineseforever9434
    @lovechineseforever9434 2 месяца назад

    HOW IS DE COUPLING FROM CHINESE MONEY BUILDERS WORKING OUT MATE

  • @angelachanelhuang1651
    @angelachanelhuang1651 2 месяца назад

    wealth distribution

  • @omarkattab
    @omarkattab 4 месяца назад

    Do you guys have any good news . Keep people on edge that way you can control them .

    • @vincentcacciola7161
      @vincentcacciola7161 3 месяца назад

      Keep the people on edge and you get a Mad Max shit show

  • @mitchybabe8154
    @mitchybabe8154 4 месяца назад

    Stop foreign investors for a period time and be safe, look after ourselves forst. Like an airplay you put your own oxygen mask of first before helping other.
    Geographically start build high rises so more people need a car less a day more people are able to go see what's around.

  • @CarolynReid-mp4qs
    @CarolynReid-mp4qs 4 месяца назад

    Atleast Donald Trupm looked after his country and people

  • @JohnnyBeitia
    @JohnnyBeitia 3 месяца назад

    "PANAMÁ 🇵🇦 RELOCATION TOURS!! WITH JACKIE!!😊 🙋👍❤️👈"

  • @bop-ya-good
    @bop-ya-good 4 месяца назад +2

    We need mum and dad investors to bail the gov out.

  • @AnchorsAweighNarooma
    @AnchorsAweighNarooma 4 месяца назад +1

    China can send flat pack houses.

    • @joebloggs6131
      @joebloggs6131 4 месяца назад

      Plenty of factories within Australia trying to construct as many as they can - but they need an almost tradie skill base, which can be difficult to find

    • @vincentcacciola7161
      @vincentcacciola7161 3 месяца назад

      Lived in one still there , there crap it's gets pretty shyte in confined space all the time

  • @sometingwongwai9679
    @sometingwongwai9679 4 месяца назад +3

    Labor and teals makes my property portfolio worth more so i can increase rent to Aussies

  • @Awareness-ob1lg
    @Awareness-ob1lg 3 месяца назад

    How about *sharing everything willfully* and I'm not being ideological really but I feel this is a way out. This will break the whole system in one day. It's just that people should trust themselves more than the system.
    No one should find it hard to live, eat and get a decent sleep in a home. Resources should be enough for everyone and they are. Then innovation arises and science and technology reach new unimaginable boundaries since the population is no longer oppressed. The day a robot takes your job should be your happy day. We should do the job we are only convinced of. Thus making an innovative society evolving to what is really useful, not to serve people in power or their greedy interests or banks’ usury. Money becomes then something we care less about.
    However billionaires are a role model to average people and this is the problem really! As if people want this bad system. No billionaire can be as such without the agreement by the general public on the scarcity of money, here comes the virtue of "sharing willfully". And btw this should start by the poor because the slightly richer and the richer might be reluctant and a little hesitant at first, but if the poor were firm, possessions lost their scarcity, and extra possessions lost their need then money will follow, reaching a new balance and the rest of the population will join making a domino effect. Then the authority will inherently reflect the usefulness and true benefit ! It's no longer a matter of possession, controlling or manipulating. A careless government won't have a medium to misuse the power to serve any greedy elite, because people are already not in need then.
    So we shall see legitimate governments.
    This theory provides a robust means to ensure justice since it starts from people's will.
    Please share it if you like it. There is really no time to lose.
    What happens today in Gaza is a natural byproduct of the arrogance of elites which happened 100 years ago back in Palestine when land was stolen and natives there didn't ever have the chance in self determination. Ever. Forget everything about democracy. All lies. And then resistance against the Z people (who control your government now) emerged and grew ever more and we reached here.

  • @nickwolfe4591
    @nickwolfe4591 4 месяца назад

    A lot of this is just lies.

  • @libatalklieb5793
    @libatalklieb5793 4 месяца назад

    Michael the grub

  • @JohnnyBeitia
    @JohnnyBeitia 3 месяца назад

    "5 REASONS TO GET PANAMÁ 🇵🇦 RESIDENCY!!😊🙋👍❤️👈"

  • @sunilkumaryadav5605
    @sunilkumaryadav5605 4 месяца назад

    Madar cod Australia in India 🦖💨🦘🦘🦘🦘🦘🦘

  • @jiminverness
    @jiminverness 4 месяца назад +1

    Call an election, Albo!

  • @GoodMrDawes
    @GoodMrDawes 4 месяца назад

    Fail

  • @user-ts2dv4zp7c
    @user-ts2dv4zp7c 4 месяца назад +1

    It all ok a lot of people voted for albo and he will fix it just needs another term injoy the tent life😊