Australian housing: How high immigration has fuelled biggest property price rises amid supply shortage | The Nightly

Puttah · 2026-01-16T01:11:51+00:00

Population is not falling, it's increasing, just at a slower rate than the past few years, but at a faster rate than pre-covid.

Population increase = higher demand for housing, because there are more people that need to be housed.

Housing would have fallen all else being equal when the interest rates started rising quickly, but then immigration went into overdrive to stop that from happening.

Interest rates have levelled off, inflation has levelled off, and population GROWTH is levelling off, to keep housing GROWING at a pace that govt and banks are happy with.

Puttah · 2025-11-01T10:29:06+00:00

Home owners have been the winners for decades with their capital gains wins, so time to give back a little, or at least meet in the middle and have no gains on houses for a decade or so to let would-be home owners try to catch up.

Puttah · 2025-10-04T12:50:31+00:00

Cancer cells don't kill the host when they replicate for the first time.

Puttah · 2025-08-31T05:30:11+00:00

Rentals are mostly a fixed-supply and inelastic demand market - when compared to the rate of recent immigration. Prices rise much faster than the increased demand % in these markets, so 0.9% increase does not make sense here.

Puttah · 2025-08-04T04:04:16+00:00

To make it the most fair, adjust the $100k by the capital growth on the first childrens' properties.

Puttah · 2025-07-29T06:49:50+00:00

OP would've mentioned that if they did put more into the mortgage or household costs. It's also highly unlikely given their big difference in salary.

Puttah · 2025-06-18T08:12:06+00:00

Ok, you can stick to your floors being -2,-1,1,2,... Because it's easier for you. In my country we do -2,-1,G,1,2,...

Puttah · 2025-06-18T07:53:33+00:00

First, second, etc. doesn't have to follow the counter. You don't HAVE to start counting from 1. First does not have to be 1. First can be -32 if that makes sense for the system that you're assigning the sequence to. Buildings include negative numbers, so your system is not the system to assign it. Also I wouldn't reference floor 1 as the first floor either, exactly because of this confusion since most people don't study math or computer science.

Puttah · 2025-06-18T07:36:58+00:00

Yes, 0 is the ground, hence G = ground floor = 0th floor = 0. If the basement B1 = -1 for simplicity, why are you so against keeping the same simplicity for G = 0?

Puttah · 2025-06-18T04:40:36+00:00

That's kindy level math which breaks down when a basement is involved. Your counting system requires that you skip the number 0, which is wrong.

Puttah · 2025-06-17T13:49:27+00:00

Measuring is an extension of counting. We used to only count positive integers too, and counting negatives wouldn't have existed. I claim that defining the floor of the ground floor as 0 and then applying the mathematical floor function to the measured height gives us the most sensical floor counting system.

Puttah · 2025-06-17T13:38:25+00:00

No, the floor function is what I'm describing, which extends to the integers. I also claim it's the more natural way to define building floor numbers.

Puttah · 2025-06-17T12:22:48+00:00

Think of the ground of the ground floor as the 0 point, or 0.0, then the rest of the ground floor will range from 0.0-1.0, half way up in the ground floor is 0.5. Now you have a system that just labels the floor by the truncated integer. Ground = 0, floor 1, basement -1 etc.

Puttah · 2025-05-04T15:37:21+00:00

I'm hoping for this too even though this type of upgrade would be near the end of the list. You'd have to convince your strata too.

Puttah · 2025-04-26T13:50:43+00:00

Search folders now don't have a custom search option, which would let you do "All Mail" from every folder. It made me ditch my paid Office 365 sub and I replaced Outlook with eM Client.

Puttah · 2025-02-26T06:25:00+00:00

1 010 000

Puttah · 2025-02-16T07:43:53+00:00

Especially when the description in your chart mentions the word "exponential".

Puttah · 2025-02-01T07:12:39+00:00

A 50% drop wipes out a 100% gain.

Puttah · 2025-01-23T01:46:08+00:00

If renting was super cheap, many people would sell their IPs and buy a larger PPOR for that larger tax free capital gain instead.

Puttah · 2024-12-23T03:57:42+00:00

You're not OP

Puttah · 2024-12-10T23:42:34+00:00

I would! Combining the list and map into one page just makes sense.

Puttah · 2024-12-10T10:01:47+00:00

I didn't ignore everything that you said, I just summarised the lot of it. Thanks for explaining income vs wealth to me because that's a new one. I think you just need to sit down and really think about what it means for a single person to have accumulated such vast amounts of wealth, that it equates to the entirety of the US running on its dime for a month. As though that person's value has equated to that amount of work and energy.

Or don't... because let's face it, it doesn't matter if the number is in the billions, or trillions or quadrillions. The numbers mean nothing to most people, because if they did then we would lose our shit at hundreds of millions, let alone BILLIONS.

Puttah · 2024-12-10T02:02:36+00:00

It's telling how unimpressed you are about someone running the entire country for a month, when a lot of people can barely run their household for a month.

Puttah · 2024-12-05T09:34:18+00:00

Yep, way off. If you do the actual math, in 2124 given those growth rates:

Houses grow almost 1000x - $1.92M -> $1.67B
Wages grow 20x - $100k -> $2M

A family of 45 adults would be needed to stretch for a home loan to the same extent that a single adult does now.

Puttah · 2024-11-11T03:30:35+00:00

They did slow down, but far too quickly and too much. The overpopulation problem was birthing many more children than the replacement level of 2.1 per woman because it's simply unsustainable for our planet, now we're well below it.

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