วีดีโอ

Money money money.

Only continent will survive any disaster on our planet. Safety is priceless.

Spot on. Australia is now officially a SH*THOLE! Like you said it's idiotic policy of giving free tax brakes to real estate investors, to help them steal homes from the needy, is not a legitimate business model! It's a Ponzi scheme and means we will all feel economic pain for DECADES to come! The MUPPETS on both sides of Australia Politics are COMPLETELY USELESS when it comes to incentivising LEGITIMATE BUSINESS MODELS! Why invent a Holden Car, Refrigerator, Lawn Mower etc, as our ancestors did, when you can just buy 10 houses instead. This place have been run by D*ckheads for decades now with no end in sight 😥

I left Australia. I live in the United States now. I have a house. I have money. Something that I didn't have in Australia. What has happened to my dear country.

Mad max beyond thunderdome is around the corner…

The most flattest boring featureless country … I’m glad I moved to the USA

Australia is boring flat featureless and I’m glad I moved to the USA .. can’t stand the place

This is what the government wanted they planned it all

Similar in London, NYC, Dublin, Auckland, Vancouver etc etc. It's an international problem. Owning a house is not innate attribute. In some European countries like Austria and Switzerland upper middle class families happily live in rented accommodation. In Vienna most people live in public housing. There should be a massive increase in public housing. But it is not just shortage of housing. Many houses are not occupied as they have been bought for investment and/or are lived in for short periods by their rich owners. The rich have gradually been sucking up all assets, including housing. There should be a wealth tax on the 1%, but they will resist it. Therefore, build the revolutionary party.

Abel Tasman went by Australia and found land he called New Zealand.Australia became a British penal colony and the way they behaved during Covid it shows.Couldn't live there for free.

Apartment complexes are much quicker to build than houses and are the solution. You can build an apartment complex that houses 60 families much quicker than building 60 houses. The problem is of course that most Aussies have delusions of grandeur and think they are entitled to houses instead of apartments. They need to come down to earth and buy what they can afford.

Very similar circumstances as in Canada re:housing crisis

Oh you poor darlings , life is so hard isn't it? Obviously none of you have seen much of the world or lived in developing countries. Grow up and thank your lucky stars you don't live in India or Bangladesh or Pakistan , winging ingrates. and it is all self inflicted too , that makes it extra pathetic , you brought it all on yourselves , at least the ones who voted did. Reply

It all started when they took the guns away. It is the same in Canada.

Been to Oz (Gold Coast) for a year on WH Visa, from Europe, loved everything about it, but it is a very similar thing that happens everywhere globally. Properties became a new currency for the greedy investors who work hand in hand with corrupt municipalities who allow to this to happen for too long. And this consequently destroy regular people's lives. This should not be allowed as it is a basic need for every family unit to have a roof over their head with a at least a minimum living condition.

'Your government, busy detaching shelter fundamentals from your lived reality.' Tourists, property, foreign students, and digging stuff out the ground ... *still* a 'sheep's back' economy.

Time to riot? 🤷🏻‍♂️

In my street there’s 6 houses. 4 are empty. One of those is condemned. One is owned by a Chinese family that use it as a vegetable garden every three weeks and the other two are up for rent nobody can afford.

Im not sure people understand that there is no chance for a remotely painless future. That was 15 or 20 years ago. All options now are a disorderly correction with bank collapse and or currency destruction or a continuation of the present but with societal breakdown.

Nothing great about Australia. Everyone lives on the coastline. Too hot., water down beer, anythink that bite you,you have 20 minutes before you are dead. Couldn't wait to get back home to England.

Couldn’t live there because of their poor command of their slang English language😂

How can regular folk afford 1.2 million Aus dollars for a home.

But we have immigrants to blame.

Seems like you lot in Australia are facing the same problems we Brits are facing over here haha! Here I thought we are uniquely in a bad spot, and no one has it as bad as us. After a bit of research, i’ve found that Canada is worse than us, and Australia isn’t too far behind

our politicians are puppets to those who bribe them, and it has ruined our country.

Yet another potentially interesting documentary ruined by unnecessary subtitles of appalling quality. The narrative is in English, why the hell add AI generated subtitles?

some countries are still under dictators

Canada is the same

For all its current issues, to say living in Australia is absurd is beyond ridiculous this place is literally paradise and has a an attitude toward life like no other I spent the first 24 yrs of my life living in UK and every morning I was up here and drive to the ocean pool with the sun on my face I feel thankful I am here

Its the same everywhere. Canada is worse.

Why we are pensioners & doing qiuite well.

ban purchases from oversea buyers will solve 90% of the problem

Australia is suffering from leaders with no,nill, empty intelligence. No ideas,just plodding along from one disaster to another.No strong vision what Australia needs.They look to the next election as the priority

Blackstonia cq Vanguardia, taxpayers pay the losses, and investors cash the profits. Countries (it happens everywhere) should stand up and act firm to these enterprises, in favour of national (not global) interests. Taxes NEED to be paid, and wealth spread, working (saving) needs to make sense again. For every citizen, housing is a right

It was a well thought out plan. Divide and conquer. Pit blacks against whites, Liberal against conservative, citizen against immigrant, etc.. and then pull the rug out from under all of the citizenry while they are distracted with a "crisis" which allows the country to print currency which devalues the dollar effectively giving everyone a cut in pay because their money is worth less, and their savings is worth less while allowing corporations to raise their prices and huge tax breaks without giving their employees a raise to offset the devaluation of the dollar. Very effective way to shift all the wealth to corporations and the 1%

So why not just build more houses? What is stopping that happening? You don't really say. Which it seems - to me - is the crux of the matter. You know - supply and demand.

Same in every country in the world. This was a global conspiracy because all countries are experiencing the same thing now. 1% of the population getting all of the gains and the rest going bankrupt. Destruction of the middle class with all of the money focused on 1% of the population. Creating a 2 class system. The poor working class dependent entirely for survival wages on the 1% who have all the cards. The only solution will be a world wide revolt against this evil.

And we keep voting the same people in.

the only people who are in general employment that are okay 1.POLITICIANS 2.Beauracrats 3 PUBLIC SERVANTS 4 BANKERS AND CEO'S "All the rest just be happy "that you dont have to work in these crap enviroments

Still the government keep the interest rates high so they suck out on the lowest level of society. Taxing the wealthy isn't an option.

Living in Australia now, is like living in an upscale Earth Prison, where everyone thinks that he/ she is free! Haaaaa!!!!!! A prison planet taken/ stolen from its natural inhabitants. Where we are now, you are not allowed to ever come in spirit, for what you have done to earth centuries ago will forever stain your grace in the new life.

I don’t like living in Australia but England is a real hell. A real cesspool of miserable people and bleak environment, whinging nanny state, terrible food and horrendous weather and insufferablefeminism. A real shiteehole

Clearly your graph shows as labour comes they open borders & r8 away housing problem agravates

Soz, just laughing now. I could have rented in a seaside town up the coast and paid for it on Centrelink years ago but I wanted to buy a house so I went back to stinking hot Penrith and bought a house. Looking good now though 😂

We are sick of it, and will start acting on it, Greedy politicians and property developers cashing in on selling us OUT, why build hpuses for people whoarent supposed to be here, TSH, SAP, TMR take action now,

❤

The first red flag was the statement about the government underinvesting in new homes. Government doesn't fix problems, it creates them. Get government out of it and let the market work.

Australia, so sad becoming to be occupied by Muslims and becomes Australistan!

My parents came to Australia.inthe 1950s when the housing commission provided cheap rental housing. I CANNOT SEE OUR STUPID POLLIES EVER DOING THIS AGAIN SAD

Mate there’s literally two variables in the equation, number of homes and number of people. They both clearly and undeniably contribute to the problem. If you want prices to drop you need to shift one or both of those variables. Build more houses and/or restrict immigration. If you did both in extreme measures the prices would drop. If you only do one and the other goes the other direction, you won’t make a dent.