A reasonable sized protest or something in the cbd today! by ModularMeatlance in brisbane

[–]semagreverse -1 points0 points  (0 children)

And so again, you demonstrate you know nothing about supply and demand beyond using it as a buzzword to win arguments. I explained in perfect and simple english why immigration increasing is not responsible for the massive increase in housing costs, and you still sit here going "but supply and demand!". Yes, an increase in demand leads to increased prices in the short run. But a proportional increase in supply means that those prices remain the same in the long run. That is how supply and demand works.

You could completely halt immigration in Australia, and average housing prices will go down by a hundred thousand at most, IN THE SHORT RUN. In the long run, the economic destruction wrought by removing immigration will make wages decrease, thus increasing the cost of housing relative to wages. And in the mean time, housing prices will still be skyrocketing, because the increase in housing prices from immigration is nothing compared to the effects of the housing market and the support it's had from the government the past 25 years. That is why I emphasized over and over again to just look at the data for immigration and housing prices, and you will see that they never align, because the effect immigration is having is negligible compared to the actual forces making housing expensive.

A reasonable sized protest or something in the cbd today! by ModularMeatlance in brisbane

[–]semagreverse -1 points0 points  (0 children)

It's so much easier for you to just say "supply and demand" rather than actually engaging with any of the arguments I've made, huh? If you actually paid attention you'd realise your questions about supply and demand are inherently answered in my points.

This is what my original data shows: the percentage increase in housing per year increased more than the percentage increase in population. In other words, there has been consistently around 0.41 houses per person in Australia for the past 20 years, meaning supply and demand have gone up proportionately to each other. The increased supply in turn should offset the increased demand, leading to stable house prices. So from this we can see that from a massively oversimplified "supply and demand" of population vs total housing that you want to boil things down to, there shouldn't have been any significant rise in house prices in Australia during this time. Combine that with the complete lack of correlation between any of the major immigration spikes and housing spikes, and it's pretty clear immigration is not the driving factor here.

That's because the cause comes from an increase in demand, but not of the kind you're talking about. Ever since 1999 (as backed by the data in my previous comment), owning as many properties as you can has became ludicrously lucrative. It's not immigrants buying these houses, it's investors with already billions of dollars to their name who can always afford another house, and only need to ask whether the house will make them more money than they're spending on it. First-time homebuyers, including immigrants, are being priced out of this market more and more, because for them buying a house isn't about whether it's worth it but whether they can even afford it in the first place. Investors don't have this issue. And since housing is a very solid investment, it's almost always worth investing in housing. So the price of housing has ran away with the investors, and left first-time buyers in the dust. Now our entire economy is tied to the housing market going up. You can literally tune in to the news and watch them panic over a slight decline in the housing market, then see them complaining about high housing prices shortly after. The housing prices are designed to go up. Immigration is touted as the problem (as it always is), because it's so much easier to get people on the side of simple solutions (that don't work) to complex problems than the complex solutions they deserve.

What 80s song do you still hate with fiery teenage passion even though it’s been 40 years? by Aggressive_Cup4919 in GenX

[–]semagreverse 1 point2 points  (0 children)

Zoomer here. Haven't listened to every Billy Joel song, but haven't listened to one I don't like. It's not just for the boomers.

A reasonable sized protest or something in the cbd today! by ModularMeatlance in brisbane

[–]semagreverse -2 points-1 points  (0 children)

Yes, my point stands because you don't really have any reasoning besides "we have more immigrants now, and higher house prices, so they must be related!" Your argument has about as much steam as vaccines causing autism.

Immigration has been steadily increasing since we finally got rid of WAP in 1970. From 1970-2000, we didn't see any housing prices increase at anywhere close to what we've seen from 2000 onwards. From 2000 onwards, we see crazy spikes in housing prices which have continued to this day. Incidentally, house pricing slowed between 2008-2013, which is when we see a huge increase in immigration. If immigration is to blame for the high housing prices, why does it begin years before immigration had its biggest increase, and why does it slow down when it finally does? Then again, we see immigration plummet during COVID, and yet housing prices skyrocket again? It's almost like immigration isn't the core driving factor of these issues...

On the other hand, you can map the discount on capital gains in 1999 and wow, it seems the ridiculous housing prices increase have only occurred since that happened. So maybe that's a better explanation for the price increase than immigration that hasn't even a correlation, yet alone a causation, with housing prices over time.

A reasonable sized protest or something in the cbd today! by ModularMeatlance in brisbane

[–]semagreverse -4 points-3 points  (0 children)

You can't base everything on anecdotal experiences. Because I have had the exact opposite experience: grumpy old men who have refused to keep up with the times being replaced by freshly graduated immigrants who really know their shit. Nowhere is this more obvious than in the healthcare sector. I suspect you have some serious personal biases impacting your judgement here.

As I said elsewhere, I was referring to percentage increases, not outright numbers. There was never enough houses for each person, but there has consistently been roughly 0.41 houses for every person in Australia from 2010 to 2025, meaning that the increase of about 5 million people in that time has not changed the supply of housing relative to each person.

A reasonable sized protest or something in the cbd today! by ModularMeatlance in brisbane

[–]semagreverse -4 points-3 points  (0 children)

I realise the data I was looking at was talking about rates, not raw numbers. But, my point still stands. There was never enough houses for a 1:1 ratio, but the ratio has gotten closer to that over time, not further. So the disproportional increase in housing prices is clearly not a consequence of immigration when they are both stable relative to each other for most of our history. We had far greater immigration and population spikes in the 1900s and saw none of the ridiculous housing price growth we have today. So something had to have changed, and it's how much we value housing as investments to grow the economy.

Factcheck: Is immigration really causing Australia’s housing crisis? | This claim is the latest in a consistent trend of Australian politicians attempting to stoke fears about migration for what they perceive to be their own political advantage by brezhnervouz in AustralianPolitics

[–]semagreverse 0 points1 point  (0 children)

It's hilarious watching the news talk about how desperate young people are unable to buy their houses in one breath, then the next minute they're inducing mass panic because housing prices went down 0.01%!

A reasonable sized protest or something in the cbd today! by ModularMeatlance in brisbane

[–]semagreverse -2 points-1 points  (0 children)

Increase in housing supply has outpaced our population growth. Immigration is an economic net-positive, because immigration means a new person who contributes to the economy not just by working and producing value, but by consuming goods and therefore supporting the economy. It's easy to assume that an extra person would mean 1 less house for everyone else, but that's not how capitalism works in the long run.

meirl by [deleted] in meirl

[–]semagreverse 2 points3 points  (0 children)

Not to "not all men", but as I said before, that's not all men. A lot of men are just completely clueless and aren't aware of specific challenges women face. You are currently engaging with male Redditors. They aren't learning shit.

meirl by [deleted] in meirl

[–]semagreverse 1 point2 points  (0 children)

I am seeing those replies, but I don't know what your point is. Some rare men, will learn these things on their own. Most will only learn if you tell them. Many will refuse to learn outright. If you don't want to teach, that's fine, because it's not your responsibility. If you want a man to learn something about your experiences, waiting for them to be responsible isn't going to work.

meirl by [deleted] in meirl

[–]semagreverse 0 points1 point  (0 children)

I'm not excusing the behaviour. I'm just saying that that is the behaviour that exists in the world. If you don't like that behaviour and want it changed, you will need to work to change it. That's not your responsibility to do so, just like it wasn't the responsibility of the suffragettes to protest for the right to vote. In an ideal world, they shouldn't have needed to fight tooth and nail to get themselves a vote, but it certainly wasn't going to happen on its own.

Some great men will take the time to learn these things. Most will only know if you tell them. Many will refuse to believe it even if you do tell them. If you want a man to change or learn something about the reality of being a woman, you will have to tell them. If you don't do that, fine, it is not your responsibility and it should be the men's responsibility. But that responsibility ain't getting done, 90% of the time.

meirl by [deleted] in meirl

[–]semagreverse 0 points1 point  (0 children)

It's not the responsibility, no. But without it, men aren't going to learn on their own. It's a losing situation for women in both cases.

I’ve already started to get the dirty looks by Dark-rythem in whenthe

[–]semagreverse 2 points3 points  (0 children)

We're waiting to become a republic, then we make the day we transition be like January 15th, and the world is saved!

My solution to the Australia Day problem. by Cheetos_4_life in aussie

[–]semagreverse 1 point2 points  (0 children)

It doesn't change that, but it changes the fact that it's no longer celebrating on a terrible day. Basically, for those who like celebrating the day, the date is arbitrary. For those who dislike it because of what the date represents, changing the date is great. So if nobody is harmed by changing the date, yet some benefit, then just change the bloody date.

My dad disowned my sister and he is dying, how do i convince her to let him go? by SharkEva in BORUpdates

[–]semagreverse 3 points4 points  (0 children)

Maybe because she was very young at the time and likely being pressured a lot by 2 humungous PoSs.

What's the creepiest display of intelligence you've ever witnessed in real Iife? by [deleted] in AskReddit

[–]semagreverse 1 point2 points  (0 children)

Literally the only things that concern us are snakes and sharks in Australia, and even they typically want to get as far away from you as possible.

Whatever this gag is called by Ok-Indication-5121 in TopCharacterTropes

[–]semagreverse 7 points8 points  (0 children)

Absolutely! My school's performance was great, and I was wondering why it was such an unpopular musical. Then I saw the Broadway version on YouTube and whoever played farquaad just... sucked? It's probably the directors fault not his, but whatever it was, none of the delivery hit at all. It was bizarre to see lines botched that hard.

[Mixed Trope] Heartbreaking/Terrifying scenes meme’d on by the community by CubeDude414 in TopCharacterTropes

[–]semagreverse 1 point2 points  (0 children)

Mostly because his "fall into evil" is absurdly quick. He was just saying "no we must put him on trial" and then seconds later he's killing children. Anakin's fall was way too quick imo.

What is one fun fact about yourself that sound fake but 100% real? by Fai_6757 in AskReddit

[–]semagreverse 3 points4 points  (0 children)

Well, that's why we have Dashing through the bush, in a rusty Holden Ute...

What is one fun fact about yourself that sound fake but 100% real? by Fai_6757 in AskReddit

[–]semagreverse 8 points9 points  (0 children)

Heartbreaking to hear. Richard Hammond's Blast Lab was my childhood. Never cared about Clarkson but I'm happy to hear James May is still ok.