I am prepared to toast myself a bit here but if you asked this 3 or 4 years ago you would have been flammed alive, now 90% of the comments are backing it. So why has attitudes to immigration changed ?
I am prepared to toast myself a bit here but if you asked this 3 or 4 years ago you would have been flammed alive, now 90% of the comments are backing it. So why has attitudes to immigration changed ?
It’s a false flag. The are many contributing factors to CoL increases, particularly the aussie housing market. Supply and demand is one variable, in which immigration plays a part, but it is far from the major contributor. Don’t be fooled by false dichotomies which constrain the argument to one very small if/or discussion. If we want real change in wealth inequality in this country, there are plenty of more effective policies to be discussed, such as removing tax offests on investment properties for one.
I think we need action on many fronts to fix our fucked housing market, the ratio of immigration to new builds is definitely a factor pushing up housing.
We do also need to kill shit like negative gearing and the capital gains tax discount. We also need better anti money laundering real estate laws.
However, both owning and renting a house is unaffordable, with very low vacancy rates. That suggests that there is a concrete lack of supply relative to population change, and reducing immigration could help with that