The Housing Crisis

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abc
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Re: The Housing Crisis

#136 Post by abc » Wed Jul 10, 2024 3:12 am

rubberman wrote:
Tue Jul 09, 2024 7:47 pm
The ABS has just published home loan figures for May.

https://www.abs.gov.au/statistics/econo ... st-release

If you scroll waaay down, you'll see that SA loans average $541,770. A new record.

Since that's an average, you'd wonder what new loans are likely to be. :shock:
this ensures that joe public will be forced to support (ie vote in favour of the government) the excess migration status quo else be stuck with an underwater loan debt

more housing crisis, more hospital ramping crisis will be the cost of staying above water for the haves
meanwhile the have nots will grow

Australia is in a precarious situation economically, and combined with falling education standards I would predict hard times ahead, perhaps the hardest this nation has ever experienced
Adelaide is the best location in Australia to shoot a drama set in the 60s

SBD
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Re: The Housing Crisis

#137 Post by SBD » Thu Jul 11, 2024 11:33 am

A hundred or more years ago, a four-six room house was home for 6-10 people. Now, a typical household is less than three people - smaller families, single parents, family breakups, people aging in place all contribute to this.

Fewer people per household means we need more houses for the same number of people - that's what is driving this crisis. Immigrants, particularly from poorer countries, often come with large families so are actually much more efficient users of housing. That, combined with larger houses to support working from home, home theatre, more bathrooms also lead to the extended urban sprawl.

rev
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Re: The Housing Crisis

#138 Post by rev » Thu Jul 11, 2024 12:24 pm

SBD wrote:
Thu Jul 11, 2024 11:33 am
A hundred or more years ago, a four-six room house was home for 6-10 people. Now, a typical household is less than three people - smaller families, single parents, family breakups, people aging in place all contribute to this.

Fewer people per household means we need more houses for the same number of people - that's what is driving this crisis. Immigrants, particularly from poorer countries, often come with large families so are actually much more efficient users of housing. That, combined with larger houses to support working from home, home theatre, more bathrooms also lead to the extended urban sprawl.
So the conclusion is still the same SBD, we don't have enough houses for the people here, let alone for hundreds of thousands more arrivals each year, so we should be cutting back on new arrivals drastically, so housing stock (and many other things) can catch up.

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