Commentators now get Why 4 out of 5 First Home Buyers are locked out of most of Sydney and Melbourne!

They noted the following:

Over the last forty years I have known large numbers of migrants who have told me the same story. Told by Immigration that their skills were in short supply, and that they would walk into high paying jobs.

*When they got here they found that these jobs did not exist.

CAAN: It would appear “the Squattocracy,” the political and social power of squatters who had become rich exploiting illegally occupied Crown land have moved into this realm

The voters, our fellow Australians are to blame!  Through pure greed mums and dads, grandma and grandpa – the ones that voted this government back in knowing that Labor had good policies.

So please for all the people that returned this do-nothing (but damaging) government back in, and worry about their kids save your BS crocodile tears, and vote for what’s best for your kids and country.

We have had our time in the sun – this is pure greed and will leave our kids in servitude without a balanced life.

And for a lot of young people never able to have a home of their own

-Average income workers can’t afford to buy the roof over their head, and face a retirement in poverty.  Thank you Liberal Party!!

And a big thanks to ex-PM John  “no-one ever complained to me about their house going up in value” Howard!

CAAN:  Yes, it was in the late 1990s that the Howard Government introduced the TAX Benefits of NEGATIVE GEARING and CAPITAL GAINS that meant housing became an investment rather than shelter for everyone.

There was an opportunity at the 2019 Election for Voters to grandfather their investment properties (to retain them) and to invest in ‘new homes’ if they so wished!  Negative Gearing was not being removed!

This would have led to more homes being built, and more jobs for the construction consortia; a Win/Win however they believed the scaremongering …. Lies of the Lib Coalition …

SO now we have this frightening predicament …

What happens when salaries for the middle class are kept down, down, down like a bad Coles jingle, and all the wealth is held by the top 20% of upper management and executives who have no compunction about feeding themselves, so long as those below them are kept on the GIG Economy?

CAAN:  The Australian Unions are doing a lot of work, and are very active on social media … it’s time that Everyone (and our Youth) got with the strengthUNITED we stand … divided we fall as is evident! 

*Union fees are 100% tax deductible, which means you can reduce how much you pay in *tax if you’re a UNION MEMBER … hey hey!

And when the immigration gate gets thrown open again it will get worse.
Young Australians will have them to contend with along with established home owners seeking investment properties and overseas buyers.
When is government of any persuasion going to DO SOMETHING?

CAAN:  Why do you suppose this is so?  The solution was on offer back in 2019, so who voted for this? There was a call from Labor to cut temporary migration numbersprior to the Pandemic there were 2.3 MILLION Visa Holders in Australia of which 1.6 MILLION were Visa workers … (prior to this being introduced by the Howard Government in the late 1990s we had permanent migration of 70,000 per annum.)

WHO benefits … hehe ?

READ MORE!

https://www.smh.com.au/business/the-economy/four-out-of-five-first-home-buyers-locked-out-of-most-of-sydney-and-melbourne-20211210-p59gni.html