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by lmpdev 1186 days ago
Australia is in DIRE need of reform - unfortunately we voted against Shorten's election plans in 2019 that would have dramatically reduced the upward pressure on housing prices

Anecdotal but I cannot afford to move back to the lower middle class regional town I grew up in, as there are 0 rentals and buying is minimum $800,000

My mother's place has gone from: 1990 - $100,000 AUD 2006 - $600,000 AUD 2021 - $1,200,000 AUD

The local council estimates we can only add 0.29% to the population YoY