The Albanese government will be pleased:
Struggling Australians on income support are now either completely priced out of, or navigating severe rental stress across all capital cities and major regional centres across Australia due to rising prices, with one advocacy group calling for urgent action.
Defining rental stress as situations where more than 30 per cent of a person or household’s income is being spent on rent, Everybody’s Home Priced Out Report found individuals receiving $499 a week through Jobseeker and Commonwealth Rent Assistance payments would not be able to afford the average weekly rent of $547 across Australia.
Let’s not kid ourselves. This is precisely what Albo intended when he tore down the borders.
He has still failed to lift them back up while building nothing:
The three Labor policies before the senate will make no difference. They are all designed to lift prices further:
- shared equity with the government buying a large slice of the property is an insane ponzi scheme;
- corporatising rents means higher for longer, and
- Albo is only proposing 3k extra public houses per annum when construction volumes are 70k below his 250k target.
Greens policies are a communist disaster. LNP policies will inflate prices.
The only idea that will work is to slash immigration to 90k or below for an extended period to allow housing to catch up to population growth.
But there is no pressure on political parties to do so from the fake left press so why would they?
The Guardian is so hypocritical it won’t even mention immigration while it whinges:
Matt lives in a suburb surrounded by wealth – but he is struggling to get by.
The former lawyer rents a studio apartment in the affluent Brisbane suburb of Paddington, known for its quirky boutiques. Here, the median house price sits at just over $3m.
But for Mark, his $300 weekly rent is a stretch with the $966 he gets a fortnight on jobseeker with rent assistance. He eats just one meal a day, he’s behind on rent, and the eviction notice has come. Matt, who worked in the insurance industry before he was made redundant last year, is about to do a forklift course in the hopes that will get him a job.
“I should be able to clear that up,” he said of his eviction notice.
“But yeah, you can’t survive. Unless you have [cash-in-hand or family helping], you’re going to end up homeless.”
A new report on Monday from Everybody’s Home revealed Australians on the lowest incomes have been priced out of renting in almost every corner of the country, despite the government’s recent 10% increase to commonwealth rent assistance.
Nowhere in the world is the left more destructive to the vulnerable than in Australia.
