Australia, especially it's capital cities are extremely desirable as a place of permanent residence for those living abroad for many reasons, regardless of how expensive it is to live here. As such, I find it difficult to see the tides of this desirability changing, meaning immigration will continue to rise and supply side will continue to be the focus point of policy makers.
Another point, it's sometimes easier for people and policy makers to point to supply side issues than to delve deeper into fundamental issues, such as you have here.
Great read.
Australia, especially it's capital cities are extremely desirable as a place of permanent residence for those living abroad for many reasons, regardless of how expensive it is to live here. As such, I find it difficult to see the tides of this desirability changing, meaning immigration will continue to rise and supply side will continue to be the focus point of policy makers.
Another point, it's sometimes easier for people and policy makers to point to supply side issues than to delve deeper into fundamental issues, such as you have here.