The housing crisis has evolved over ‘decades’ due to population growth
Hunter Collective Australia Founder Danni Hunter says Australia’s housing crisis hasn’t just developed over the last ten interest rate rises, but instead over “decades”.
“Decades of us under-producing and under-planning for the growth and the population growth that Australia is inevitably experiencing,” Ms Hunter told Sky News host Andrew Bolt.
“Housing in Australia has a lot of evolving to do if it’s going to be an industry and a market that actually delivers for the affordability, accessibility and livability that we want in our homes.”
Пікірлер: 217
Replace "population growth" with "excessive immigration"
You Australians did this to yourselves. For over 20 years, your Government allowed Chinese citizens to buy 2nd and 3rd "investment" homes in Australia that NO One lives in. This artificially drove up demand, which drove up home prices. China tried to do this in the United States, but we have laws preventing foreign investment in commercial and residential real estate.
@dontbeasheeple5883
Жыл бұрын
Hit the nail on the head here mate. The house 3 doors down from me sold a few years ago for $1.3 million to a chinky "investor". It sat empty for 3 years.
@markspinello5015
Жыл бұрын
Well an overseas student the other week was the winning bidder for a house in an affluent suburb in Melbourne. Paid $5 million for it. Funded by he/she's parents that reside overseas that may be moving here. Should not be allowed to happen. Period...
@theylied1776
Жыл бұрын
@@markspinello5015 Exactly. This is why we have laws in the United States which prevent this very thing from happening. In the early 2000s, there were a lot of real estate investment coming in from China. And our Congress forced 80% of these Chinese buyers to sell the homes and commercial real estate.
@libatalklieb5793
Жыл бұрын
@@markspinello5015 Nothing wrong with the Chines, would rather them than the Indians.
Close the boarders prices will go down.
@CKW10001
Жыл бұрын
No it won't, cos the investment funds and wealth individuals will just buy them up, sooo there's that. And you are buying the rich guys narrative so that they get richer, or you're just a spook who wants to change the narrative for your own agenda.
Artificial population growth, not natural growth. Australia has seen an increase of migrants over the last ten years. Nearly three million, in fact. Look at Salisbury, South Australia. I can barely walk through the Coles in John Street Mall because there are literally tens of people blocking thoroughfares and aisles, most of whom, were not born here. It is literally like playing "spot the White guy." Then there's the congestion on the roads and traffic collisions. The congestion, only a few years ago, was not as bad as it is now, where on some days, traffic can be backed up for nearly a kilometre on the main road. Traffic collisions are usually caused by migrants. I almost got sideswiped by a ten-year-old African boy, who was playing race cars in their parents car, while their parents watched. It is getting ridiculous. Also, concerning the housing crisis... There isn't one if you're a migrant, because you're guaranteed first look at any showing, and almost certainly guaranteed to be a tenant, meanwhile, Native White Aussies and Aboriginals are hard-pressed to find ANY rental housing. I think it is high time we sent these people back to where they came from, unless they're willing to work and contribute to our country. Most of them don't work though.
@buildmotosykletist1987
Жыл бұрын
Welcome to KZread and SkyNews. Is this your first comment here ?
@michael4402
Жыл бұрын
Well said!
@libatalklieb5793
Жыл бұрын
We don't want the white guy.
@fatShowPony
Жыл бұрын
What an absolute load of rubbish. You think immigrants get first crack at rentals and don't work? Are you Pauline Hanson? Politicians are addicted to migration because of the boost in economic productivity but are too incompetent and self serving to plan for the required infrastructure. Instead of spending the increased revenue sensibly to cope with the increased population, they tip it into superannuation spending, public servant salaries and tax loopholes for the golden generation to take advantage of.
@jessewalsh5075
Жыл бұрын
Finally people can see the real situation.
One million houses in five years is a blatant lie.
@dagwould
Жыл бұрын
Politicians just grab numbers off the roulette wheel. Show me the model that deals with land releases, supply chains, manpower planning for labour supply. Absent all that, one million homes is a delusion.
@strategicviewpoint6672
Жыл бұрын
Nothing like The Big Lie to con the sheep.......
There is no housing crisis . $250 thousand dollars has been added to a new home with duties, levies, contributions, GST and multiple taxes. Also, In 2023-mortgage rates went from 2.5% to 6% caused by totally unnecessary and unjustifiable lockdowns. Don’t forget GST 10% plus Stamp duty over a lifetime of moving homes 36% = almost half of Your families home is always taxed.
@joeybrown3583
Жыл бұрын
Yep. The whole thing is a racket which only benefits certain sectors at the expense of other areas such as manufacturing.
@gracecollins8415
Жыл бұрын
Iwas paying 17.5% interest on my first home when the standard fixed rate offered by the major banks was 13.5%'
@JohnJ469
Жыл бұрын
No, the crisis exists. Remember that we've had flooding in every state over the last 14 months. What happens when thousands of families are forced from their homes? They've rented when they could and there simply aren't any left.
So this has been going on for decades, but your excuse is you can't find no one to build the houses? What a crock !
We used to be able to move into a very basic house without built in cupboards, driveways, fences, even footpaths or sealed roads. We added amenities as time went on and as we could afford them. The important thing was to get your own roof over your head.
@oldbloke204
Жыл бұрын
Yeah true that. When we moved into our old place we had basically no furniture and it was very very basic, rundown and out of fashion. Even now after 35+ years we don't have a modern bathroom or kitchen and don't care in the slightest tbh.
The reason why blocks are so small is developers cram as many blocks as they can onto land to make more profit!
@superdavies5548
Жыл бұрын
And because councils are encouraged to move towards higher density living environments by WEF programs that are very well funded.
@somtingwongwai7194
Жыл бұрын
Really, you haven't noticed all the very profitable builders going broke lately.
@Ds-lq3tc
Жыл бұрын
@@somtingwongwai7194 The land Developers make the money
@somtingwongwai7194
Жыл бұрын
@@Ds-lq3tc The land developers make the money?? how many have you done?? The land developer takes the most risk, looks like you never heard of the thousands that go broke doing it,only the successful ones.
Too many foreigners in Australia!
@bryanp4827
Жыл бұрын
Aboriginals could say the same thing...
@aussieboy77
Жыл бұрын
@@bryanp4827 So could the people who were here before them.
@alaska1790
Жыл бұрын
@@bryanp4827 But they built nothing in this country. Without the whiteman, no Centrelink, grog and health care services.
@libatalklieb5793
Жыл бұрын
That's right might be time for you to go back to your grass roots?
@aussieboy77
Жыл бұрын
@@libatalklieb5793 We conquered this land and built this nation. It belongs to the white man, not foreigners.
Local Councils have fuelled the problem. Counsellors dont like to see someone else make money. Here in PtLincoln, the councils dont like and put hurdles up to stop subdivisions, being for housing blocks or 1.5 ha hobby blocks. Remember , every year there is a certain number of school leavers and they need some where to live to start their future. Then to add salt to the wound, Governments put a stop to subdivisions, especially the South Australian Government. Then, whats the end result, Housing shortage!
The big elephant in the room is Australia's governing politicians both Liberal and labour have large real estate investments and are willing to do anything to ensure the real estate prices go up $$$
Andrew Bolt has raised an important issue.....not enough land released....too much "infill residential living" which leads to Fights, friction, Drug use, social deterioration, Racism and Domestic Violence and Wayward Youth.....Congestion causes "Rats in a Maze" issues where the rats are NOT HAPPY and START INFIGHTING for Space and Autonomy....I live in a country city that is getting a HUGE INFLUX of Migrants from India and the locals are Furious about it.....the Best house in our street and a VERY, VERY expensive house has just been sold to an Indian family of 10 people....it is a 4 bedroom house...how on earth can THIS Migrant family afford the MOST expensive house in the entire area when 95% of Australians Could not afford it? Who is FUNDING these Migrants? Exactly HOW much assistance are they getting and Who in India can afford a $850,000 AUD house? Something is EXTREMELY DODGY.....and the Australian people especially young Australians are the LOSERS...we have had so many Indians move into our immediate area we are now looking to LEAVE....forcing Migrants on people is a recipe for FUTURE disaster....unless Albanese intends to turn Australia into Little India....people like to live where there is CULTURAL COMMONALITY....I am sure Indian people feel exactly the same way and would not even come to Australia if it was a third World, over populated country like India...
@libatalklieb5793
Жыл бұрын
Why are you so racist?
Why not utilize all the existing empty city based office buildings? Convert them into apartments. The 'young' all want a nice house with 2 or 3 bedrooms with a TV and brand new something in every room including the bathroom. They want a brand new 2 door fridge and smicko kitchen, entertaining room, a car each, a boat, holidays away etc etc. They want a patio with all the latest modcons like a firepit and flash BBQ so they can show off to their friends. Unlike the older generation that busted their arses to just pay the 20+% that banks once charged, used second-hand fridges and other furniture from St. Vinnies. You wanna talk about affordability? Our recent electricity bill is just over $600 and we were away for over a month and there's just 2 of us. The bill before that was just over $200. Maybe do something about that as well. Renewables will NOT make things better.
House prices are affected by supply and demand. If you want prices to go down, you either have to reduce demand, or increase supply. I'm sure you can think of lots of immoral ways to reduce demand, but the only good way to do it is to reduce immigration. Otherwise, you have to increase the supply. Australia is a big fucking country. Let's use more of the land. All these little schemes politicians make to shuffle money around don't make houses more affordable. They only get factored into house prices in the long run.
@gameon2928
Жыл бұрын
Because politicians don’t care, they are landlords.
@Aelda69
Жыл бұрын
Maybe not pump the country full of lazy migrants with nearly a dozen kids. That might help.
Do we need immigration to fill jobs in the labour market? What is wrong with temporary migrants, who work temporary work permits and return home when their work permits expire. This is what happens in the Middle East and they enforce their immigration laws.
Politicians don't care !! They got big salaries and live in big houses on the River or near a Beach. They couldn't care less about the poor Australian folks. Likewise, they want the population to be poor and homeless.....depending upon the Government. That gives them total control over the Citizens !!!
Aussies need to start giving the people who sell us out something to think about.
@somtingwongwai7194
Жыл бұрын
That's 52% of your population.
Government, politicians are in dreamland. Everything has skyrocketed so how can anyone save for a house period unless on a 6 figure wage. You cant take time off to upskill or train unless you have support from family to do it to get in a better financial position. Hands are tied on all sides.
"By 2030 you will own nothing". Can you feel it yet? How's the weather?
Do we have a housing crisis or an immigration/investment crisis? In any case, if more focus was placed on developing inland areas, we could level out the supply/demand/property values situation. Get more people inland. The infrastructure will follow the population.
@stewatparkpark2933
Жыл бұрын
There are no jobs inland . We are not a manufacturing country with large manufacturing cities scattered around the countryside .
@suad01
Жыл бұрын
Why should we? We are not obligated to accommodate migrants who seem so fickle to leave their homes for the promise of slightly better economic circumstances. If they are such great economic assets, they can bloody well work or start businesses in their home countries
@noelgibson5956
Жыл бұрын
@@stewatparkpark2933 Exactly. Question is, do we build the infrastructure first, or bring the people in first, and have the infrastructure follow? It starts with people settling. As for manufacturing, we need government that brings in policies conductive to a flourishing manufacturing sector:- decent tariffs, sensible labour costs, etc. Any credible government would have moved heaven and earth to protect the manufacturing we had, but owing to their uselessness, it mainly went to China........a nation we could soon be at war with! I believe we need our factories back in rural areas, helping to generate economic activity into the local areas, using properly salaried employees who take pride in their work, and enjoy a safe workplace.
@jackfrost2146
Жыл бұрын
@@noelgibson5956 Forget new factories, if Chris Bowen gets his way, there won't be enough electricity to run your toaster!
@superdavies5548
Жыл бұрын
Our leaders don't want people to move out to newly developed areas. They've completely bought into the UN/WEF mantra that populations should be centralised in cities.
I have lived on the Gold Coast most of my life and was recently forced out of what was supposed to be a long term rental because of a 200 per week rental increase. Now living in Brisbane paying nearly 500 per week for a tiny unit on a highway where I constantly feel ill. In five years I will be homeless as I can no longer afford to live anywhere with rentals everywhere being unaffordable and even two income families becoming homeless. The future as it is is very bleak. The issues of having pets in this housing crisis is also extremely sad.
The building industries collapsing around us and going broke! That includes these new homeowners losing their money too. Who's supposed to build these houses?🤷♀️🙄
The new house's are like dog boxes, must be plenty of containers available, stack them on top and build a elevator to each level.
Bahaha affordable housing, Sparky $160K per year, Chippy $160K, Plumber $160K, Skip bin $1000 each
buying a house is a nightmare don't do it. New homes are very poor quality.
@mlord1815
Жыл бұрын
They've been built over the last 15+ years with the mindset of it only has to stay up long enough for the cheque to clear
@larrylongprong5219
Жыл бұрын
Agreed, unless you pay up for an architectural designed one.
@takethat941
Жыл бұрын
@@mlord1815 Before year 2000 good quality dwellings, after 2000's ish your buying rubbish mostly.
@David_Camerwrongun
Жыл бұрын
@@takethat941 been on sites for over 30 years I've seen everything
@bryanp4827
Жыл бұрын
REALLY...? You see you're part of the problem, too chicken shit to grow up and become responsible...
What a surprise the bigger the population gets the more expensive homes get in the most desirable areas.
300,000 - 400,000 AirBnB, Stayz etc now operating in Australia.. as well as multinationals such as BlackRock, Vanguard buying up properties also add to the problem
Not sure exactly how the suburban rail loop is going to help, as it only moves through established areas and is not worth the 200 billion plus price tag. it’s time to build in regional locations. The other issues is services, roads, power, water (not a problem when we are not in a drought) doctors,‘hospitals. They simply don’t exist….
We lived in Arcadia CA., Asian people did the enormous house on a postage stamp sized lot, then not actually live there, but 10 days a year.
When people start living outside parliament in tents maybe they will wake up
..and house size. My first house, for a family of four was 100 square metres in 1000 sq metre block . The average garage is now bigger than that house and on a block less than half.
Same in NZ. Now in Auckland young are cramming into ghastly Coronation St style shoe box housing. Politicians intoxicated at the wheel over immigration growth.
@last_samurai6690
Жыл бұрын
Auckland is crazy though..been thinking of loving to Perth or Adelaide
This is insane and their response import millions more. An insane response to a man-made disaster. What is so horrible is this is deliberate.
Aussies need to push 30-year fixed rate home mortgages so the interest rate resets over 30 years will not bankrupt owners when rates rise.
@joejackson2917
Жыл бұрын
Jesus warned the world about the evil banksters!
We are running out of land in desirable areas.
3 story strata buildings in lots of the city duplex block's
The are unlimited amount of people that are willing to migrate till our economy is trashed. Social cohesion and our culture are being trashed by our political class. 🏘
A huge program for public housing has to take place. Not "affordable housing" that we constantly get rammed down our throats. Affordable housing will only benefit the next lot of investors. But wait a minute, both major parties have the same donors! We are fucked!!!
Nobody born after about 1990 will own property on the coast, unless they inherit something later in life, or are in above average paying jobs. I'm a genxxer and it took me 15 years to save up just for a deposit, and 25 years to pay off the balance (5 years still to run) on a very average unit in a very average southern Sydney suburb. If you relocate to say, Orange or Wagga, you may get the best house in the best part of town for similar, or less money. Values are demand driven of course.
@libatalklieb5793
Жыл бұрын
What person in their right mind would want to live in Wagga or Orange?
@noelgibson5956
Жыл бұрын
@@libatalklieb5793 ..........the people of Wagga and Orange!
@libatalklieb5793
Жыл бұрын
@@noelgibson5956 You mean the Aussie Bogans.
@noelgibson5956
Жыл бұрын
@@libatalklieb5793 You really need to get out more if you think that is all they are. Get outside your comfort zone.
@libatalklieb5793
Жыл бұрын
@@noelgibson5956 I know they are.
Absolutely. Why weren't they building blocks of units, apartments, flats. Instead of suburbs of houses. The governments did do much over the latter decades of the 20th century to 'build Australia' including business industry, housing etc to build a self sufficient nation. Also instead of selling everything off, sending jobs overseas and other nations buying up land or other in Australia.
It's so obvious, it is absurd. Housing in Australia has become a commodity to invest in, speculate upon, cater for your retirement and generally rip off other less fortunate Australians. It has run its course. Something new is required from here. We are no longer a country where people can afford to "buy" a house. Get over it. Times change.
Local zoning areas shouldn't be allowing a nice plot of land be splint into 3 shit town houses.
@actualfacts1055
Жыл бұрын
It does reduce the housing shortage but who cares about other people right.
Supply is the problem. Green tape is the large part of it, along with red tape of planning approvals for sub-divisions which themselves are driven to build upscale homes. Compare modern McMansions to the small three bedroomers, low pitched roofs that families lived in quite successfully decades ago. Modern consumerist lust is part of the problem.
Are you sure? Coz im certain howard screwing capital gains tax and negative gearing had a lot to do with it.
It's not just importing economic migrants, but also stifling the amount of land allowed to be developed and crushing builders under ridiculous regulations. Both major parties are complicit in the scam, as is Dolt here.
Take it to the election Dutton. Annual Migration 25,000 specifically selected to match exactly positions required.
@noelgibson5956
Жыл бұрын
When it comes to immigration, both parties are as useless as each other. In fact, the 'Conservative' party doesn't seem to conserve much these days, hence the almost wall to wall presence of Labor governments across Australia. At least they have a position on things, and are clear about it. The Libs stand for nothing.
@margyrowland
Жыл бұрын
Yes, we have enough foreigners applying false nails or giving massages.
@joeybrown3583
Жыл бұрын
Interestingly Russia only immigrates 5000 a year and their economy is growing ….in a war.
@gracecollins8415
Жыл бұрын
@@joeybrown3583 Small unemployment benefits Even when poorly paid, most Russians prefer to hold on to their jobs, and they have a reason: it's hard to survive on unemployment benefits.
@markspinello5015
Жыл бұрын
He'd win the election in a landslide. Problem is he wouldn't have the guts to do it..
Open floodgates for rich people from Asia who can afford anything so their kids have more educational opportunities they all pay to get here and buy overpriced homes to live in and put their kids in the private schools.
The highly inflated costs of land development and building due to costly regulations and bureaucracy make it necessary for section and house prices to be sky to make it economic to develop and build.
Population increase increases pressure on housing, owned or rented. Pressure on housing increases costs of acquiring that housing, again owned or rented. Danni says it is increasingly out of reach for the younger generations, and yet addresses the lack of skilled construction workers as being an immigration issue. Really? Maybe, just maybe, some of the younger generation could actually become apprentices in the construction industry, get a career and develop the skills the industry needs in the future. Sure it doesn't address the land supply issue. But it would reduce the need for such stupid levels of immigration that His Alboness, the PM, wants us to accept! Strangely, lower immigration means lower demands, means lower cost. Win win, one would think.
@joejackson2917
Жыл бұрын
Banisters don't like you winning
Working from home is a factor that was not discussed and that will affect future housing needs in a big way!
Hey Everyone, I'm a Homeless ❤️ But unless there is more of that to push a "Housing Crisis" to a "Humanitarian Emergency", nothing will be done.
More like buying houses in a million pieces and paying a fortune for them to get built in years rather than months its backwards
A million house in 5 years they will be shit and inefficient ( if anyone can do )if we don't change the way we build a house it will get worse
Immigration should have been the number pne topic in last years Federal Election. Immigration needs to be center discussion for the 2025 Federal Election.
I guess building new houses and condos is too complicated......
Yeah nah
They won't get to 5000. Pie in the sky nonsense.
What a crock...we need immigrants...
From my readings of the situation since 1990, this was how it worked: 1990-2001: High unemployment, low housing prices - if you had a job, you could afford a house 2001-now: Low unemployment, high housing prices - if you didn't have a house, you still had a job To be honest, it's easier to deal with higher housing prices than higher unemployment (i.e. smaller economy, less work/money floating around, less immigration). Owning a house consumes too much land for the amount of people living there - it's inefficient. Everything in that property also needs to be replaced at some point, due to wear and tear, repairs, damage, weather exposure. There are cheaper ways to obtain shelter.
Easy solution: stop suburban sprawl and encourage regional industry and regional housing. There are thousands of houses in the bush standing empty, as towns dwindle in population, and even more where houses once stood and supported families, but no longer stand. This is not to mention the opportunities for further development in these rural and remote areas. The bit that's lacking presently? Government focus and investment. Make decentralised organisations a valid option - they used to be. Support small business ventures in regional and remote areas. All these things will lead to easing the suburban issues we are presently facing, and easing the rural and remote issues we are presently facing.
More than 10% of the workforce works in the construction industry and many many more in the material , furnishings , white goods etc. supply side . To keep them employed you have to increase the population to create the demand for new houses , units , shops , roads , etc. To increase the population you have to import more people every year . It is a never ending growth treadmill .
@joeybrown3583
Жыл бұрын
What’s wrong with natural growth? Importing people and taxing the existing population to transfer wealth is immoral.
@ML6103
10 ай бұрын
It's a Ponzi scheme
People don’t want to work in this country! Go see what it’s like in Africa!!!!!
This rental crisis is at total odds to my rental experience. I have been renting a vey nice largish two bedroom apartment in St Kilda on the Esplanade hill 6th floor facing the bay. Six years ago my rent was $450/wk, I just recieved my annual rent rise and I now pay $471/wk. It is still common to see 'For Rent' signs infront of buildings and 'Help Wanted' in shop windows in St Kilda. If you can't get a good rental place in outer Melbourne Sh!tsville come to party central, get a cheap rental and a new job within walking distance.
The housing market is dominated by investors that hold several properties. They get very favourable tax concessions. It is what it is. No party is prepared to rock the boat.
@oldbloke204
Жыл бұрын
Around 8% of people in Australia own more than 1 property from what I just read. Nearly 3/4 of those own only one other property. There are some tax concessions but they're hardly that appealing these days given the amount of risk with a very high priced investment and the continuing Govt. fiddling with the market and rules. Easier just to stick your money in the bank and get 5% interest imo.
@gameon2928
Жыл бұрын
Because politicians dominate investments and hold several properties, it is a conflict of interest. They won’t do anything to help struggling renters, they are landlords.
@David_Camerwrongun
Жыл бұрын
@red rose wrongun
@oldbloke204
Жыл бұрын
@@gameon2928 Supply and demand. Govts. are making it increasingly less desirable for people to own rental properties, especially given the costs/risks, and so people won't do it meaning that there will be less supply. Bringing people in to the country also won't help and Govts don't want to be landlords. Likely going to get worse from what I've seen.
@markhayes9722
Жыл бұрын
What would you suggest, no tax breaks and less rental properties. Either they give tax breaks or the government builds home with tax payers money.
Boffins causing more trouble
At least you don't have to worry about things like that Andrew!!
@rod-contracts1616
Жыл бұрын
Good on him. Success ain't no crime.
Nothing to do with millions of migrants
@aussieboy77
Жыл бұрын
The female guest is/was from the Property Council who are lobbyists for mass immigration. Of course she would not call for less migrants.
Simple . Move to a country town! Work from home
@last_samurai6690
Жыл бұрын
Been thinking of those cities north of Adelaide. Like port Augusta or Whylla. Looks like one can get a decent house for under 300k.
r/antiurban
Wrong again.
You don't need Immigrants to build houses. That's what contributes to the money problem with the young people not building homes.
Australia is the smartest G20 country on immigration. It takes the smart, rich, skillful. It reject most illegal immigrants and unskilled ones. Australia benefitted a lot from the immigration. Australias property prices became expensive as a result of its success. You can’t have it both ways. You can’t be successful as a country with cheap property prices ! When Australia was in financial trouble and had to devalue its currency 40 years ago …its property prices was cheap. But that was when Australia seemed to be in trouble.
@dontbeasheeple5883
Жыл бұрын
Hahaha yeah righto. Been to suburbs like Moorooka in Brisbane lately? Fact is, the vast majority of immigrants these days are leaners, not lifters. Happy to live off the public teat.
@aussieboy77
Жыл бұрын
Only universities, big business and property developers have benefited. Mass-immigration has been a disaster for everyone else.
@Imbrokeaswell
Жыл бұрын
@@aussieboy77 Sure has.
@aussieboy77
Жыл бұрын
@@Imbrokeaswell Thanks ScoMo!
I like my 10000 m block
Whinge, whinge whinge here's me thinking that's what the pommies do, you lot are masters at it, and it's all your own faults,,,,,PMSL😂😂😂😂
No it's got to do with poor planning and Investment firms & individuals buying property as speculation, to develop passive income streams. Sky AU supporting the anti immigration agenda, as in the UK and US with the Murdoch empire 🙄.