Mojo ♻️ on Nostr: If I were the benevolent dictator, I would immediately freeze #immigration to let ...
If I were the benevolent dictator, I would immediately freeze #immigration to let rents and building materials deflate.
But suppose you are a Canberra maniac, #AFR shill, Greens dill, or blood-sucking corporation that believes supply is the only rational response to the rental crisis.
In that case, your only solution is for the #RBA to keep cutting #rates until capital values make more dwelling construction viable and attractive.
#auspol #housingcrisis
https://www.macrobusiness.com.au/2024/03/rba-must-slash-rates-to-skyrocket-house-prices/
But suppose you are a Canberra maniac, #AFR shill, Greens dill, or blood-sucking corporation that believes supply is the only rational response to the rental crisis.
In that case, your only solution is for the #RBA to keep cutting #rates until capital values make more dwelling construction viable and attractive.
#auspol #housingcrisis
https://www.macrobusiness.com.au/2024/03/rba-must-slash-rates-to-skyrocket-house-prices/