The price of new builds went up a lot, materials etc, once the old stock reaches the cost of a new building, then people might start going for new again which I think is close to where we are, and some uncertainties with builders completing the build, and interest rates might come down so ppl could borrow more
@@danielhammermeister8640 u can fucken dig a hole in the ground take the clay out and make bricks , u didnt see minecraft bruh? u think how they build whole europe ?
Supply shortages causing house prices to skyrocket. Pretty much like the Gold Coast at Happy Holiday time is very expensive. Yep definitely a supply shortage of hotel rooms in the Gold Coast that causes prices to sky-rocket at Happy Holiday time. The price of housing is not going to get more affordable, you have to go to a more affordable area.
Tax the mining and gas giants rather than give resources away for free. Norway does it and taxes 70% for a cool 127billion dollars approx for their citizens. use that to build homes, Increase supply to keep homes free from speculation.
There is no shortage guys...... there is a problem with utilization and an immigration problem we actually produce the second most residential houses on earth our debt to GDP are the second highest on Earth with the average Australian being in 200% debt. let that sink in and we also have an exponential amount of vacant rental properties owned by politicians and other high earners that are vacant so they can be used as tax breaks, we are on a knifes edge and the bubble is going to burst watch and see
@@JungleBJJTeam the population is only projected to keep growing. Will be at 30m in no time. Everyone mainly lives in capital cities. A state like California has 10+ mill more people than the entire Aus. Mathematically Aus will grow a lot and all these people will need housing. Crystal ball ??
Whether a single family home or an apartment....both will have pros and cons that need to be addressed. What will need to happen is that apartment living needs to be revolutionised and normalised as part of the Australian dream. We can't continue urban sprawl and just cutting migration doesn't address that we have an aging population and that we wouldn't have enough taxpaying aged people. If you're not for apartments/density...move to the country.
@@kennylee8936 It has been shown that for every 10 percent rise in house prices directly fueled by immigration the birth rate declines by 1 percent those are big numbers we definitely have an immigration problem the ONLY way to lower prices is to raise Australian living standards by lowering immigration it's also a security risk in the current climate considering most of them immigrate from BRICS countries.
![[UNCUT] บอสพอล แผลงฤทธิ์ บอสพระ-นักร้อง ก. โดนแฉยับ! I คนดังนั่งเคลียร์ I 21 ต.ค. 67](http://i.ytimg.com/vi/XKf6HeftoPI/mqdefault.jpg)
There are affordable regional towns that are another option that some people could make work in their own situation.
people buying and renting instead of building
Like seriously
The price of new builds went up a lot, materials etc, once the old stock reaches the cost of a new building, then people might start going for new again which I think is close to where we are, and some uncertainties with builders completing the build, and interest rates might come down so ppl could borrow more
@@danielhammermeister8640 u can fucken dig a hole in the ground take the clay out and make bricks , u didnt see minecraft bruh? u think how they build whole europe ?
yep australia has no domestic economy except property and healthcare
Supply shortages causing house prices to skyrocket. Pretty much like the Gold Coast at Happy Holiday time is very expensive. Yep definitely a supply shortage of hotel rooms in the Gold Coast that causes prices to sky-rocket at Happy Holiday time. The price of housing is not going to get more affordable, you have to go to a more affordable area.
Tax the mining and gas giants rather than give resources away for free. Norway does it and taxes 70% for a cool 127billion dollars approx for their citizens. use that to build homes, Increase supply to keep homes free from speculation.
50 million citizens by year 2050. To keep up inside G20.
There is no shortage guys...... there is a problem with utilization and an immigration problem we actually produce the second most residential houses on earth our debt to GDP are the second highest on Earth with the average Australian being in 200% debt. let that sink in and we also have an exponential amount of vacant rental properties owned by politicians and other high earners that are vacant so they can be used as tax breaks, we are on a knifes edge and the bubble is going to burst watch and see
Crystal Ball?
@@NatP-qt1df Mathematics.
@@JungleBJJTeam the population is only projected to keep growing. Will be at 30m in no time. Everyone mainly lives in capital cities. A state like California has 10+ mill more people than the entire Aus. Mathematically Aus will grow a lot and all these people will need housing. Crystal ball ??
the bubble wont burst, i hear that since 2013, they will just keep inflating until people cant cope and move over seas
The migrants are starting to realise that once they get here, there’s no where to live and no money to be made. The end is coming.
Nobody wants to live in apartments where you can hear footsteps from your neighbours upstairs.
Whether a single family home or an apartment....both will have pros and cons that need to be addressed.
What will need to happen is that apartment living needs to be revolutionised and normalised as part of the Australian dream. We can't continue urban sprawl and just cutting migration doesn't address that we have an aging population and that we wouldn't have enough taxpaying aged people.
If you're not for apartments/density...move to the country.
@@kennylee8936 Are you saying that people should just accept s*** quality apartments?
@@kennylee8936 It has been shown that for every 10 percent rise in house prices directly fueled by immigration the birth rate declines by 1 percent those are big numbers we definitely have an immigration problem the ONLY way to lower prices is to raise Australian living standards by lowering immigration it's also a security risk in the current climate considering most of them immigrate from BRICS countries.
Lol are ypy saying people prefer being homeless then living in an apartment@boxman8957
@@boxman8957they shouldn't but in many situations that's all that is available.