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Comments by "" (@shauncameron8390) on "Why No One Can Afford To Live in Australia Anymore" video.
@MehakSohi-jg3mx But students and temporary residents are exempt from the ban.
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<they could pass legislation to regulate rentals.> And watch rental supply shrink with rising prices for whatever remains and a near 0% vacancy rate. <Most of the homeless people are Australians that have been forced out of the market due to greedy landlords.> No. They got driven out of the market by both locals and foreigners who are willing and able to pay the market rate. Housing especially in a desirable locale like Sydney is a privilege, not a right.
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@sumwhatkeezy Which is more or less the law of the land in some of the countries many immigrants fled from.
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But Japan doesn't have mass immigration.
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No. Just the Western world.
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Because people who are renting party and BS too much.
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Along with ignorant and short-sighted voters.
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Because it's costly to transport let alone establish infrastructure outside the cities.
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Well, housing is an investment if you really care about your family's future.
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No one except left-wing governments and businesses.
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Australia is actually far worse. At least there more to America than the Northeast and the West Coast.
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Australia has the 3rd-highest per capita homelessness rate among developed countries. The US doesn't crack the top 10.
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Sweden has just entered the chat.
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But they're economically depressed dumps in the middle of nowhere.
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The housing crisis is a Western thing.
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<It also has to do with inner city apartments being empty and being owned by overseas owners who don't even rent them out. > Maybe because they're condemned awaiting renovation/demolition or they rather leave them empty as it's more cost-effective to do that than rent to a bad tenant they cannot legally evict in a timely manner due to the lopsided rental laws in favor of tenants.
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Descendants of British criminals who got exiled.
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<which makes the apartments more expensive than they should be.> Not really. They're priced accordingly.
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