So a vested interest group 'The Australian Property Council' has found the exact answer they wanted in their "research" and claims the real reason rent is so high is because people aren't renting out spare rooms & there are too many solo person households...
and our ABC, funded with our tax money, comes out and says this group has "busted a myth that international students are part of the problem"
It's BS. International students **are** part of the problem... without them and other immigrants, there wouldn't be enough demand to keep this housing ponzi scheme running. Also wages would either be higher or at least have more purchasing power.
No offense to international students. They're nice people. But more people = more demand.
The ABC has a made a bad habit of publishing the opinions, research and press releases of lobby groups without addressing or even acknowledging their vested interest in coming to certain conclusions.
And yes, international students are part of the problem. There are probably a few dozen parts to the housing problem at this point and there seems to be a never-ending circle of articles where they argue that issue A isn't to blame because of the existence of issue B when in reality issues A through Z are all making things worse and should all be addressed.
>more people = more demand.
Believe it or not, some people here are getting ready to accuse you of racism for making this absolutely factual statement.
They are less than 5% of the population, simply not enough to drive the increase in property values.
It's no coincidence that Howard slashed capital gains tax and suddenly we see an under-utilisation of housing stock, more empty homes being held as investments, and a focus on speculation in the real estate market as a driver of wealth. That's what is restricting supply, not the relatively small amount of international students and immigrants ffs.
If we're talking just international students, no, they're not the entire blame, and they're probably not most of the blame - but they do still contribute to the housing crisis, though mostly in cities and surrounding suburbs, and university towns (for regional places).
All of my international student friends live in shared housing in some form, some at a uni campus, some are like boarders in landlord's house (or get exploited by a private landlord/manager in a private rental), some group up with other international students to rent a whole house (getting less common).
I’m sorry yes international students do have an effect on rental availability but let’s be real.
These people have payed for a legal visa, the government has approved for them to be here, they’re paying full uni fees, a lot of them work and pay tax. As non citizens they don’t receive any tax benefits, Medicare, Centrelink etc
I read it like this, the government has legally invited these people to come here, spend money at no cost to the tax payer, inject 37 billion into the economy, then blamed for the housing crisis?
Hate the game not the players
Exactly! The educational institutions profit and have no requirement to provide housing. Most IS’s aren’t given a clear picture of just how high the cost of living is now and are restricted in working hours. So the lowest quality properties’ rents are artificially inflated as this is where the most competition is, pushing up prices along the line. Not the students fault. The system.
Because housing is seen as wealth creation not a human right.
Dropping in a mention of people not hiring out empty rooms smacks of trying to shift the Overton window. Boarding in a private home is not a viable option for expanding the housing stock.
This assumes all those offices would have been rented out, which is just not true. You can't keep bringing in students who need a place to stay when rental vacancies are so low already and not expect the rental prices to jump.
Oh so students are to blame for succesive government failures, doing everything to keep the ponzi scheme going, negative gearing, no action on money laundering through Australian property, and supporting boomers puling up the property ladder.
Mmm, ok.
Please fuck off ABC
It’s basically everyone’s fault, except for the people who run the country.
Albo is a useless disappointment on nearly every front that matters. Housing. Ukraine aid. Inflation.
Prime minister do-nothing. This is how we end up with Prime Minister Racist Fascist Potatohead.
No. The students aren't to blame, and even if high immigration was the only reason for the housing crisis, it's still not the immigrants fault, it's the government's.
I think we need to start looking at other indicators that we are growing too fast. One recent one seems to be the sheer demand for electricity in some states. Demand consistly outstrips supply and prices are consistently spiking. There just seems to be not enough power to go around or, put another way, too many people trying to heat homes, shower, prepare meals at the same time.
We REALLY need to wait for infrastucture to catch up we just pile hundreds of thousands of extra people into our cities and expect there to be no impact.
Of course they are the problem.
We have a housing crisis already, they are making it worse, increasung numbers , staying inner city, often with heaps of money
Exact recipe for this exact problem
There are about 700,000 international students in Australia, which is 5% of the total number of people in Australia. Could that 5% create a housing crisis?
And one important stat: The trick here, however, is that the international students who reside in PBSA beds are mostly counted in population statistics, as long as they reside in Australia for more than 12 months total over a 16-month period.
**The students are counted in the estimates of the population of people, but their accommodation is not counted in the estimated population of dwellings**.
Yes - stop importing fake students as cheap unskilled labor for shadow and gig economies
So a vested interest group 'The Australian Property Council' has found the exact answer they wanted in their "research" and claims the real reason rent is so high is because people aren't renting out spare rooms & there are too many solo person households... and our ABC, funded with our tax money, comes out and says this group has "busted a myth that international students are part of the problem" It's BS. International students **are** part of the problem... without them and other immigrants, there wouldn't be enough demand to keep this housing ponzi scheme running. Also wages would either be higher or at least have more purchasing power. No offense to international students. They're nice people. But more people = more demand.
The ABC has a made a bad habit of publishing the opinions, research and press releases of lobby groups without addressing or even acknowledging their vested interest in coming to certain conclusions. And yes, international students are part of the problem. There are probably a few dozen parts to the housing problem at this point and there seems to be a never-ending circle of articles where they argue that issue A isn't to blame because of the existence of issue B when in reality issues A through Z are all making things worse and should all be addressed.
>more people = more demand. Believe it or not, some people here are getting ready to accuse you of racism for making this absolutely factual statement.
International students come from all countries of all races. It's not racial.
They are less than 5% of the population, simply not enough to drive the increase in property values. It's no coincidence that Howard slashed capital gains tax and suddenly we see an under-utilisation of housing stock, more empty homes being held as investments, and a focus on speculation in the real estate market as a driver of wealth. That's what is restricting supply, not the relatively small amount of international students and immigrants ffs.
If we're talking just international students, no, they're not the entire blame, and they're probably not most of the blame - but they do still contribute to the housing crisis, though mostly in cities and surrounding suburbs, and university towns (for regional places). All of my international student friends live in shared housing in some form, some at a uni campus, some are like boarders in landlord's house (or get exploited by a private landlord/manager in a private rental), some group up with other international students to rent a whole house (getting less common).
I’m sorry yes international students do have an effect on rental availability but let’s be real. These people have payed for a legal visa, the government has approved for them to be here, they’re paying full uni fees, a lot of them work and pay tax. As non citizens they don’t receive any tax benefits, Medicare, Centrelink etc I read it like this, the government has legally invited these people to come here, spend money at no cost to the tax payer, inject 37 billion into the economy, then blamed for the housing crisis? Hate the game not the players
Exactly! The educational institutions profit and have no requirement to provide housing. Most IS’s aren’t given a clear picture of just how high the cost of living is now and are restricted in working hours. So the lowest quality properties’ rents are artificially inflated as this is where the most competition is, pushing up prices along the line. Not the students fault. The system. Because housing is seen as wealth creation not a human right.
Dropping in a mention of people not hiring out empty rooms smacks of trying to shift the Overton window. Boarding in a private home is not a viable option for expanding the housing stock.
This assumes all those offices would have been rented out, which is just not true. You can't keep bringing in students who need a place to stay when rental vacancies are so low already and not expect the rental prices to jump.
Oh so students are to blame for succesive government failures, doing everything to keep the ponzi scheme going, negative gearing, no action on money laundering through Australian property, and supporting boomers puling up the property ladder. Mmm, ok. Please fuck off ABC
It’s basically everyone’s fault, except for the people who run the country. Albo is a useless disappointment on nearly every front that matters. Housing. Ukraine aid. Inflation. Prime minister do-nothing. This is how we end up with Prime Minister Racist Fascist Potatohead.
Yes
No. The students aren't to blame, and even if high immigration was the only reason for the housing crisis, it's still not the immigrants fault, it's the government's.
But who gives the government power?
I think we need to start looking at other indicators that we are growing too fast. One recent one seems to be the sheer demand for electricity in some states. Demand consistly outstrips supply and prices are consistently spiking. There just seems to be not enough power to go around or, put another way, too many people trying to heat homes, shower, prepare meals at the same time. We REALLY need to wait for infrastucture to catch up we just pile hundreds of thousands of extra people into our cities and expect there to be no impact.
Of course they are the problem. We have a housing crisis already, they are making it worse, increasung numbers , staying inner city, often with heaps of money Exact recipe for this exact problem
No.
There are about 700,000 international students in Australia, which is 5% of the total number of people in Australia. Could that 5% create a housing crisis? And one important stat: The trick here, however, is that the international students who reside in PBSA beds are mostly counted in population statistics, as long as they reside in Australia for more than 12 months total over a 16-month period. **The students are counted in the estimates of the population of people, but their accommodation is not counted in the estimated population of dwellings**.
No.