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Australia went hard on immigration for a hot minute there when the new Labour governent got into power post Covid.

And they've now realised we dont have any housing for them!

Note: I'm pro Labour and pro Immigration :-)

> https://www.theguardian.com/australia-news/2024/mar/21/migra...

It's funny how we(rich countries) just "forgot" how to build houses.

When people say they are using their house as a retirement account what they are really saying is that they want to make the next generations wait.

Not wait, just monetize. It doesn't matter to them if a local couple or some offshore millionaire or investment fund buys their home, as long as they get to maximize their profit.

The answer was always "with immigrant labor" wasn't it?

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