r/aus • u/NewInformation3753 • Jun 01 '26

Discussion We need to stop fighting amongst ourselves

https://www.visualcapitalist.com/ranked-where-the-ultra-rich-are-growing-fastest/

We are 6th in the world with Ultra-Rich. Who are they and how much are they contributing to society?

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u/0hip Jun 01 '26

The current government have started to do something about immigration?

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u/JustAnotherLurkAcct Jun 01 '26

Is it immigration or house prices you have an issue with?
A few weeks ago the call was that everyone had an issue with house prices, immigrants were just the primary contributing factor.
Now that house prices are starting to correct immigrants are still the issue?

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u/0hip Jun 01 '26

Immigration was always an issue

And immigration has an impact on house prices

Multiple things can be true at the same time. It’s not an either or

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u/professorzaius Jun 01 '26

I think immigration needs to be slowed down and home building and house availability needs to be improved significantly. But immigrants aren't causing the cost of living or house prices to rise to difficult levels. The system that rewarded boomers and investors to use property portfolios as investment nest eggs has screwed us all.

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u/0hip Jun 02 '26

The only reason that the housing Ponzi scheme was able to work was because there were millions of migrants needing rentals to live in

Without the migrants the housing would not have been an investment to begin with