Australia has recently experienced record levels of Net Overseas Migration (NOM), sparking an intense debate about the country's capacity to house and service a rapidly growing population. Proponents of a cap argue that the intake has drastically outpaced the construction of new homes, driving rents and property prices to unsustainable highs while clogging infrastructure. Opponents argue that blaming immigrants is a distraction from policy failures in housing supply and tax settings, and warn that slashing numbers would hurt the economy, worsen inflation, and leave critical industries like aged care without workers.
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@BDDTHNQ2wks2W
Deleted2mos2MO
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@BBZG4BQIndependent2mos2MO
All three 'No' responses are partially correct, but the real issue around housing is that govt has not been building enough housing, and so the private sector does what is most profitable - building expensive homes for well off people.
NO competition has led to developers and landowners drip feeding the market in order to maintain profits at maximum levels.
And the investor friendly policies need to go.
Housing needs to be a 'right' not an 'option'.
@B9ZFX39One Nation 3mos3MO
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