Houston is full of immigrants, and housing is cheap there. Australia has infinite space, maybe it's not the migrants
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tbf 'Infinite space' becomes less a factor when ninety-nine percent of that space is desert and scrubland
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Intense heat, no good soil for agriculture, only water comes from the artesians, and no rivers or sea access.
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Why has everyone moved in the direction of that climate in the USA in last 30y then?
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because the Americans are insane?
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seriously tho, there have been entire books written about how US policy in the west is unsustainable https://en.wikipedia.org/wiki/Cadillac_Desert …
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"there have been whole books written about how" <communism is good>
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1970s: low immigration, low unemployment, low housing prices. 2000s: high immigration, high unemployment, high housing prices. Coincidence?
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Same thing happening in Toronto. Average home now over $1 million due to flood of Chinese money.
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I understand, but don't know for sure, that all of Australia is union, which raises costs of everything 30 or so percent.
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That's entirely misleading. White immigration is making Oz expensive.
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Actually, more like Asian.. Chinese particularly...
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I honestly believe mass immigration is fostered to spur growth in real estate markets. white flight is very profitable.
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I know a lot of Chinese buy houses there... Just like silicone valley and Seattle area. Housing prices out of control
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Strayan nightmare.
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