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Dirty Money Propping Australian Housing Market! Australia Selling itself off to The Highest Bidder!

1,930 views · Published 26 February 2017 · 13:04 · Indexed 29 October 2026

Channel: Mike Martins · 2017 · News & Politics

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“There needs to be some sort of a balance.” — Mike Martins

Australia’s housing crisis is getting harder to ignore. Sydney and Melbourne are dealing with soaring housing costs, growing congestion and major pressure on infrastructure, while Australia’s population continues to expand rapidly. In this video, I look at an article asking a controversial question: can you criticize the scale of immigration and its impact on housing and infrastructure without being against immigrants themselves?

The article discusses comments from Reserve Bank of Australia Governor Philip Lowe about rapid population growth, infrastructure shortages and growing public frustration. It also argues that the debate should distinguish between opposition to immigration itself and concerns about whether the rate of population growth is sustainable when housing, transportation and infrastructure aren't keeping pace.

I make it clear in this video that I’m not against immigration. My own family has an immigrant background, and I talk about the benefits of different cultures, languages and people. My concern is balance: what happens when population growth moves faster than housing construction, transportation, employment opportunities and the infrastructure required to support everybody?

I also compare Australia with what I watched happening in Vancouver. Housing became so expensive and congestion became such a problem that I eventually left Vancouver myself. The larger question I'm asking in 2017 is whether Australia, Canada and other Western countries can continue rapid population growth without seriously addressing housing supply, affordability and infrastructure.

Where is the balance? How much population growth can Sydney, Melbourne, Vancouver and Toronto realistically absorb before ordinary working people are priced out?

#australia  #housingcrisis  #australianhousingmarket  #sydney  #melbourne  #housingaffordability  #populationgrowth  #immigration  #infrastructure  #housingbubble  #realestate    #vancouver  #canada  #costofliving  #population  #housingmarket  #mikemartins

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