AlboGreens deliver homelessness boom

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It was all so very predictable. The fake left has delivered precisely what MB and anybody with a brain foresaw.

The fake left embodied at The Guardian pretends to care about its own wreckage (briefly because it slipped off the home page fast in shame):

The housing crisis and rising financial stress are pushing more than 1,600 people into homelessness each month as demand for sheltering services soars, a report has found.

Homelessness Australia said between December and March demand for homelessness services rose 7.5% across Australia amid soaring rents and record low vacancy rates. In total, an extra 6,658 people sought help.

Emma Greenhalgh, the chief executive of National Shelter, said now was a “watershed moment” for housing policy. She called for “meaningful rental reform by the commonwealth and state governments to make renting a much better experience for tenants”.

Max Chandler-Mather, the Greens’ housing spokesperson, claimed the federal government was “pretending” it couldn’t do more on coordinating rent freezes.

Max Chandler-Mather is also pretending. He should win the Oscar for Best Actor in a Hypocritical Role.

Chandler-Mather is supposed to be on the far left.

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Yet, his solution is to explode demand by ramping immigration beyond record-breaking levels while depressing supply by woefully underbuilding public housing, capping rents, and scrapping negative gearing to guarantee no private investment.

Stand by for tent cities spreading across our major cities as these economic dilettantes wreck their voter base.

The AlboGreens are the worst thing to happen to Australian youth and renting poor in modern history.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.