Comment on In Australia, racist violence is nothing new. But emboldened neo-Nazis form a frightening new spectre

• yistdaj@pawb.social ⁨4⁩ ⁨hours⁩ ago

  You seem to be under the impression that we will just magically build and build if people are gone, but that’s not realistic. My point was that reducing immigration would significantly cut the number of houses built under the current housing market. We may be building too few homes now, but I doubt much at all will be built after cutting immigration either.

  The problem is not that we have a housing market that’s too big, it’s that we have a broken market. Housing entering the market in this country may be insufficient when demand is high, but it’s straight up not entering the market where demand is low, and housing prices are higher than ever everywhere. We need to figure out why the market is broken and fix that if we even want so see housing prices stabilise for an extended period, let alone fall. Reducing immigration is a distraction at best.

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  • mtpender@aussie.zone ⁨2⁩ ⁨hours⁩ ago

    The number of people coming in to the country is FAR exceeding our ability to build. The first thing we need to do is reduce our intake (reduce demand) so we can catch up. I’m not saying we need to stop ALL immigration, just that right now, reducing immigration is one of the few levers we have to help alleviate the crisis. Then we can talk about removing Negative Gearing and Capitol Gains Tax Concessions, maybe even put some limits on property investing.

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