Comments by "P M" (@pm2886) on "Australia’s Rent Crisis Is Heading For Disaster" video.

 @coopsnz1 Singapore has the highest home ownership in the world. It's over 90%.
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No it won't. Stop wasting your energy waiting for others to make things nice for you. Go and buy your own place.
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More housing isn't the solution. In fact it will just encourage us to waste housing - more so than we already do.
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@gamingsuperun There is cheap housing all over the country. I saw a place last week selling for $110k. Rent for a similar house was $150 a week. You can pay that on social security, easily. Rent assistance covers half of it! If someone insists on living in Sydney or Melbourne, but says they can't afford housing, they're not serious.
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@gamingsuperun Dude ... starvation and renting in Sydney, aren't even in the same universe.
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Urbanization is a major cause of the problem. Or rather, too many of us demanding an urban lifestyle.
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@muffinman4544 That's not what happens, actually. Cities are single concentrated locations. Everything outside the cities is dispersed. Even if half of each city population left, they would disperse so much that any city-like effect would be impossible.
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@ZawZaw-yb3nf Of course ... in every change and new era, there are casualties. The folk who couldn't or wouldn't adapt fast enough, and got left behind. There were casualties in the post war years, there were casualties going into and out of the great depression, etc etc. It was ever thus, and will ever be thus. It's absurd to make that the point.
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There's no more social housing coming. I can't believe some people still think the government will save them 😮
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@Kelly-oe8kr Dude, there's no 'bubble'. It's the new normal. And yes, a lot of landlords will likely downsize to their investment properties. It's inevitable. But their tenants won't be 'evicted', they'll just be terminated at the end of their lease. Whether they have anywhere to go or not, is not relevant. That's a personal matter, unique to the individual.
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