Comment on @jack_toohey on why the housing crisis is not caused by migration

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null_dot@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

Do you really think a billionaire would be actively involved in buying houses to hoard them?

They wouldn’t give a fuck. If they have excess money they’re not looking at the stock market, they would just transfer the excess money to the trust that manages their excess money.

Billionaires are a big problem, they shouldn’t exist, but you haven’t drawn a real connection between billionaires and the Australian housing problem.

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