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Is it really cheaper to live higher vertically in a higher population dense area in Australia? Here in the United States it’s way more expensive to live in buildings than to live in a suburb. I would love to buy an apartment in a building if I could save money and live in the city.

Not just Australia the whole western world and the government's don't care

Typical labor

8.5mill people added to the population since 1999 and anyone saying immigration is not the problem doesn’t get it

Australia is a giant continent, why does everyone want to live on a postage stamp of property?

if you dont own property in this country you are a second hand citizen, only here to fund the almighty property investor.

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Not under but below, dude😂😂😅😅

When you have communists such as Albo running a country, you always end up with chaos. Property prices should be lowered by at least 50%.

I love the immigration part, just feelings no data

Piss off mate! You’re not addressing the real issues!… Corrupt Government/Industry conflicts of interest and no desire to change this situation because it will stop benefiting said corrupt legislators! 100% of anybody in government positions have retirement property portfolios counting on nothing changing back to a philosophy of Robert Menzies; as an example of it already be solved! 🤷🏼‍♂️

All your points are relevant, however you completely missed the elephant in the room If you look at a graph of corporate incomes verses wage growth you will see a divergence starting in 2000 Before 2000 if you borrowed to your eyeballs you knew that after only 4 to 5 years your mortgage was halved because of wage growth Fast forward to today, if you did the same thing your mortgage stays high because your wages are stagnating This has caused a huge number of speculative buyers moving like packs of hyenas buying only in the makets that are going up When Sydney / Melbourne peaked they moved to Investing in Perth / Brisbane As soon as a market gets overheated they move to the next carcass With social media there is no shortage of interstate buying advice, something that never happened before 2000 We now have two camps, those who can invest and those who can’t buy a home with a shrinking middle group ( think of a camels back) The short answer is the Multinationals have jacked up prices and suppressed wages forcing a speculative ponzie scheme in housing This came home to me when I found out a packet of Tim tams in London is bigger and cheaper than a packet of Tim tams in Australia In a nutshell the housing crises is everything to do with multinationals causing a cost of living crisis

I jad a cheap rental where i friend of my daughter was staying. She lived out, it was very affordable but due to video and the disgusting approval process for the structure i pulled the pin and she has to leave. Now a properly built two bedroom house is a stage shed for me. I have already spent still over $10k for approval but need to spend more. Money i don't have and it means a young lady is sleeping in her car. Australians vote the wrong way, all the time. We need to be free to choose what we do, especially with private property. Regulations need to be seriously cut and costs reduced. Compliance by penalisation needs to be a thing of the past. As that is way counter productive.. Stop voting for Big government. Overall, Australians in general are pussies with no idea about reality I am looking at starting an investment company with my kids. They need to put in and work for it. No gifts, no guarantees.. only hard work.

You are literally the problem.

AUSTRALIANS HATED CHINESE. SO CHINESE BUILDERS WHO BUILT SURPLUS APARTMENTS LEFT. CHINESE INVESTORS STUDENTS LEFT. YOU SOW WHAT YOU REAP AUSTRALIA

I am sorry your video is being overwhelmed with these comments, but our media exists on the internet and we cannot comment on them, even the tax funded ABC and SBS ban commenting. The only voice the media and politicians hear is a very filtered, highly cherry-picked opinions parsing their lack of care.

I just want what my parents and grandparents generation had. A house for a whole family and something to build wealth from. By allowing unfettered immigration into Australia and allowing the real-estate market to be rigged with the tax system we have doomed our future of a free and open nation to one of class warfare, life long debt and of boxes in high-rises. Ban foreigners buying property, ban people from different states buying property, ban owning multiple property, install rent controls, force those with multiple, empty properties to sell them to the government and they can give them to those who are struggling to get into the market. Extreme? Yes, that is what is needed. I'd almost go as far as saying politicians that are landlords or have family members or a business that rent property out should not be allowed to vote on laws that affect their wealth, how this was allowed in the first place really shows you how we got here.

Housing crisis, health crisis, cost of living crisis, debt crisis, inflation crisis, EU war crisis, middle East crisis, bank crisis, retirement crisis. How many crises can a koala bear?

Thank you for making this video. Sydney and its suburbs would benefit greatly from such a proposal, enhancing the use of public transport and decreasing the traffic on its roads. My hope is that if they accomplish the first goals, the residents of Sydney will recognise not only its necessity but its benefits as the cycle of increasing the density and enhancing the transport infrastructure around transport hubs brings mutual benefit to its residents in terms of more amenities to their towns, reduced travel times and a more integrated communal feel. The government benefits from more revenue from the extended use of public transport to be able to maintain and increase the quality of public transport to all transport hubs leading to a multi-centred Sydney landscape where people will be happy to live anywhere in the Sydney metropolitan area.

Greed...you can save yourself 26.28...Your Welcome...😉👌🤡🤑

It’s not immigration alone. Immigration will increase overall economy. So it’s good. The main question is why the builders did not ramp up the building quantity to meet the demand? After all this is a capitalist market and supply demand should rebalance in a few years. But we had been hearing the blame on immigration for decades. Cos politically and builders and the banks all don’t want the price to come down??? The whole world is controlled by landlords.

You forgot to mention the main underlier , MASSIVE GREED.

Read the "The Great Housing Hijack " Exposes some of the dark side in Aussie Steal Estate , Rental Robbery

International students

reasons and explainations dont matter here is the lowdown: rents will keep rising house prices will keep rising best to start your own bank which offers mortgages.

The woke brainwashed are now getting effected by homelessness and will scream like little betches when your forced to go into some dodgy share house with people fresh out of jail that will kick your door in without any thought of consequences and take all your stuff off you and smile and pretend to be your friend even show some fake sympathy for you 🤣welcome to the jungle betch🤣ps if caught they will be released not long after not caring and do it again to your woke ass 🤣

I find alot of renters are maccas butt brains. Eating fast food, smoking, drinking and just general dead beats.

22:56 it complicates things is what it does.

I'm sorry but the current lot of temporary migrants, international student, people on working visa. Just cannot stay, or we're fucked.

good job sf! you da man, dog!

The Governments killed the Landlords which were made up of approx. 80% mum & dad investors, they made it impossible to rent homes and make a profit. with a number of ridiculous tenant laws that gave virtually all the power to the tenant.

The only way I got where I am, is to Do without and just Work. It's True that I had Full Time employment, but I didn't have a social life, or Date, until I was 30 years old. As both my Parents were born into the Great Depression years, (1930 +), I learnt a lot about how not Pi$$ing hard earned cash, and Invest. I even worked for Bosses that had started with Nothing, and they were a Great Inspiration also. I was Extremely Fortunate that my first date was a Lady who had the same outlook, she hates wasting money too.

Same in New Zealand 🇳🇿

Good content, well presented. All good facts and scenarios. Thanks

If you don't own a home you're fucked

great video, thanks for making!

if incomes went up it might help??? but taxes going up doesnt it kills your purchasing power lefty to save

it cost more to renovate a home aswell

40% taxes on a new home built today blame government greed not capitalism

australia a high tax country home ownership been harder for more people since the 80s Bob hawke liar

taxing landlords more has caused the renting crisies and more taxes caused new homes cost alot more to build in 2 yrs why less built

i see all gen z wanna live in cbd and they wounder why they think renting expensive entitled much ! move out west

7:57 capitalism for u? Why don't u go to a commie state Russia or China go see how their living conditions are disgusting

Never buy a property in australia. they are massively overpriced and are in a bubble and never rent. If you don't have a roof over your head your are well and truely F'd. sorry to say this but it is true

Good luck trying to explain that I’m local and find it a shambles 😮😉😉😀👍

This situation is because labour started mass immigration without any plan to build more accommodation. When the media questioned him, he said, "People would just have to learn to live with each other." Now we can't afford a roof over our heads and are living in the parklands sleeping on a park bench. Thanks to Anthony, Albanese, and The Labour Party.

Raised the rent from $600pw to $950pw. Thinking to push for $1,000pw at the end of the year. $$$$😊😊😊 I’ll be buying my 3rd home in no time.

I completely agree with a lot of the posts The rental crisis in this country is because of stupid migration house prices will continuously go up as long as we have migration Under the Howard administration those only 80,000 people allowed in per year every government that came after besides Tony Abbott and under the current prime Minister Anthony we have 500,000 people coming in per year where growing faster than we can f****** build

Very interesting! Thanks for this

Does the price growth parallel job increases?