@samstrades It will, its basic economics. Same issue with skilled trades in low supply and high demand, halting housing supply increasing.
The country's economic backbone is housing. AUD supply and inflation increase will be chosen over the economy's implosion.
Kick the can down the road!
@lovethosepics96@samstrades Not to mention the average age of skilled tradesmen. For the past 20 years trade work has been looked at as a failure in life and is undersupplied. This mess is going to take a minimum of 10 years to resolve and thats being optimistic
@PinguCapital@battmanasx Supply wont increase in 2 years. Let alone 10.
Immigration will continue at the same rate for the next 2 years.
One nation wont do enough to reverse anything. No deportations just a slight reduction.
Price will stagnate untill more AUD is printed
@PinguCapital@battmanasx You're ignoring the basic economic laws of supply and demand. The prices wont drop the country is flooded with prospective buyers. It will just stagnate for a fee years untill wages rise.
@diane_airbus@NannanBay I bet you would say that you are againt racism and sexism.
But you think that Thailand is a brothel and all of the women there are whores. Such a small world view and im glad because it keeps people like you away from the land of smiles
@Scruffymurphy2 Do you think the entire country is a brothel and every women there is a whore?
You'll never go back to Indo if you visit, plus the surf there is better. Aussies just went to Indo because it was cheap