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Monday, April 14, 2025
Aussie politicians pump world's biggest housing bubble (Leithvo)
On Monday, I spoke to Ben Davis on Brisbane Radio 4BC Mornings to unpack the housing policies announced by Labor and the Coalition over the weekend. I described it as "some of the worst policy making I’ve seen in my 47 years of life”.
I added that Australian “households are among the most indebted in the world, and we’ve got both sides of government basically pouring fuel on the housing bonfire through these demand-side policies that are just going to send prices higher, and mean that Australians are going to take out larger mortgages and become even more indebted”.
Vote for the minor nationalist parties that want to end the mass migration that is pushing up the demand. both the major parties here have lost the plot !
[Posted at the SpookyWeather2 blog, April 14, 2025.]
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