That’s because, Rynne says, the lower demand for housing is overwhelmed by the drop in the number of workers available to build homes.
I honestly dont understand how anyone can deny that increasing demand without accordingly increasing supply, which we factually are not, hurts availability and affordability. Like, this is supply and demand 101. It’s one of the most basic concepts in business, and the entire world.
Keep throwing around insults because you can’t actually have a good discussion, it definitely makes you look smart.
@FreedomAdvocate
So somehow you believe the bit where decreased supply in the labour market leads to higher wages, but not that it means that there is a, you know, decrease in the number of workers? Much smart, very genius.
Tell me more about your economics insights that show their modeling is wrong. We all stand to learn here, given that your PhD obviously comes from the University of Vibes, Man.
@FreedomAdvocate
Oh, and your made-up “facts” about housing supply are also from the “they come here and take our jobs” school of economics, and it is simply not true. In the past 10 years Australia’s population has increased by 16%, but the supply of housing has increased by 19%. We’re building housing faster than we’re growing the population.
You’re ignoring the evidence and promoting misinformation about migrants. Tell me again how you’re not a fucking racist.
Sure, right here:
I honestly dont understand how anyone can deny that increasing demand without accordingly increasing supply, which we factually are not, hurts availability and affordability. Like, this is supply and demand 101. It’s one of the most basic concepts in business, and the entire world.
Keep throwing around insults because you can’t actually have a good discussion, it definitely makes you look smart.
@FreedomAdvocate
So somehow you believe the bit where decreased supply in the labour market leads to higher wages, but not that it means that there is a, you know, decrease in the number of workers? Much smart, very genius.
Tell me more about your economics insights that show their modeling is wrong. We all stand to learn here, given that your PhD obviously comes from the University of Vibes, Man.
We’re not bringing in builders via immigration.
@FreedomAdvocate
Oh, and your made-up “facts” about housing supply are also from the “they come here and take our jobs” school of economics, and it is simply not true. In the past 10 years Australia’s population has increased by 16%, but the supply of housing has increased by 19%. We’re building housing faster than we’re growing the population.
You’re ignoring the evidence and promoting misinformation about migrants. Tell me again how you’re not a fucking racist.
https://australiainstitute.org.au/post/is-population-growth-driving-the-housing-crisis-heres-the-reality/
Now do the last 5 years.