If you want to know why the Trump administration is back, look no further than Australia’s fake left so ably represented at The Guardian.
The paper frequently complains about the housing market while using smug videos from patronising and economically ignorant Millennials as support.
Kyle Ward wants to own a home. He and his wife have been saving hard, living in a cheap rental in Ipswich, Queensland for three years. Paying $365 rent a week, they were saving everything they could.
Ward, 36, earns $68,000 a year and his wife, 34, is a carer for her mother. She gets the pension – just over $1,000 a fortnight.
Saving was going well until their landlord decided to sell – to another investor who wanted to divide the property into individual rooms to rent out separately, he said
“We managed to find a replacement property at $640 a week,” Ward said. “But on the salary I am on, savings are just a dream now.”
With steep rents, and no bank of mum and dad to help, the couple have given up their dream of ever buying their own home.
“Your parents go on and on about buying a home, but it’s never going to happen, people blame our habits but ignore the cluster they have made with their greed.”
Ward and his wife are not alone. New research from the Australian Housing and Urban Research Institute (AHURI) has found three in five Australian renters expect to never own their own home – a significant shift that requires rethinking of tax and housing systems, it said.
Sure, it does. But that still won’t fix it.
It was not negative gearing, capital gains exemptions, undersupply, NIMBYs, COVID, reckless lending or anything else that doubled Kyle Ward’s rent and smashed his plan.
It was this:
The rental crisis was the direct result of the Albanese government and its media cheerleaders’ obsession with stuffing the Australian housing markets full of foreign students and workers.
As MB predicted, there would be a rental shock after importing nearly a million people into a few cities over the course of two years.
Not surprisingly, it has also done the following, in the American mould:
The long-held social compact that migration is good for the country has “snapped” due to the cost-of-living crisis and the post-pandemic surge in arrivals, Coalition frontbencher Bridget McKenzie says.
After the Coalition was emboldened by Donald Trump’s victory last week, which was in part driven by anger over America’s illegal immigration problem, Senator McKenzie said Australia’s migration program, while controlled, had been hijacked by vested interests.
Bridget McKenzie said migration was “actually making real people’s daily lives worse, increasing traffic congestion and hospital waiting lists”. Flavio Brancaleone
Days after Opposition Leader Peter Dutton said migration levels and the cost of living would be at the forefront of his election campaign, the Nationals senator and infrastructure spokeswoman said universities, big business, government bureaucracy and the union movement had benefited at the expense of first home buyers, renters and people with mortgages.
Until these fake left fools give up their ideological hypocrisy, their brothers and sisters will go homeless forever.
Blame The Guardian.