I Investigated The Housing Crisis In Australia...
Вставка
- Опубліковано 13 кві 2024
- This was very disturbing...
subscribe to me
/ @jamiezhu
follow me on TikTok & Instagram:
@jamiezhu
follow Nick on Instagram & UA-cam
@nicholas_remondos
email: contact@jamiezhu.com
What are your thoughts on the situation?
That we need to stop or reduce migration to how much housing we are able to build.
It’s just the short sighted government wanting to boost GDP numbers with immigration instead of promoting actual business and entrepreneurship
Why would you blur and then show that ladies face???? Wtf man.
Where are all the homeless migrants/refugees?
I currently live in a caravan park on the Sunshine coast but because I live in said caravan park I am classified as homeless I have a full-time job up in Noosa i care and provide for my mother as she has limited movement and I'm still treated like the scum of the earth by the government
I can't understand why this housing crisis is not being treated as a national emergency by our Labor Government. Clearly they are too comfortable in their own situations to pull the necessary levers.
Because they don't see it as being an emergency ..or even a minor problem. It's simply an "unfortunate" side issue of following orders from their employers in big business
Why we should use our tax money to help these losers? They are lucky they ain’t in LA
Because clearly immigrants are all vaxed and will solve the worker shortage here as a minority refused it and lost there jobs
Mate, they love what's happening , pollies look at their property portfolios and nothing else , that's why I would vote for Max from greens, he's a tennant
The Govt don't give a shit about the common people.
Australia has never been so divided, in all aspects of life.
when is this housing crisis gonna end?
So true it’s sad
We’ve drifted so far from what we once were. Australia is lost 😞
Australia did as it was told - Now it must pay the Price.
@@lainsmilkunfortunately this is the beginning, it won’t end. Not in our lifetime at least.
Stop immigration.....stopselling to overseas buyers.
Then the media and multiple lobby groups will scream racism. Australians are frightened to be called racists so they bend over backwards prove they are not. Like letting in 100,000 people per month and saying absolutely nothing.
💯% yes
Stop people buying second houses or own more than two houses for investment
And stop negative gearing.
What do you mean? Australia is stolen land, any person already here has purchased stolen land, what does it matter if it’s someone from overseas? It’s still stolen land. Look at the history of this land and you will realise that there’s nothing different about today than back then. It’s just the year 2024 and more people are open to this land being sold off. Stop trying to claim because you were here first it’s yours. Fuck off
Australian Government needs to stop or reduce immigration… house crisis are getting worse with the overwhelming population!!
zero immigration now
Lots of Air BnB and vacant houses aren't helping
100% agree. I am an immigrant in Australia and still am one to this day but I have got to agree, they should drastically reduce the no of PR grants.
@@sainathvaikuntham4954 not only PR, but mainly temporary residents. Plus they should focus on real skilled migrants.
Land taxes are becoming to much so it's not worth the investment to have a rental aswell
A big shout out to all the politicians who want to see their portfolios go up, so nothing will be done.
Housing should not be an investment, it should be a home. Everyone should be able to strive to afford a home.
Dont you know become Member of Parliament MP = Millionaire Person. After 2 terms (5 years) you get life time pension, a 6 figure salary
This is about the rental crisis so nothing to do with investment properties
when is the housing crisis gonna end?
@@J-Bird1234 Did you read what you wrote before you posted it? It makes zero sense.
@@J-Bird1234 you clearly don't understand that the politicians are trying to inflate the housing prices to protect their property portfolio values...
A rich country Australia 🇦🇺 and people don’t have homes ..homeless…shame ..embarrassing
All by design thanks to gruberment vote uap or one nation to stop the madness.
Fucking shit country now .. people are bums they should be protesting against this barbaric govt .. who had made life hell , same wages , rich country my foot were people can't afford groceries how can this be a rich country', I am from Singapore I livef here for 8 years left this country last year, wat to expensive govt is just fucking their own people , everthing immigrants are responsible, Australian population have increased by just 1% , its govt responsibility to provide housing which govt is not doing , even third world countries are far better now , rich country with poor people ,shame on political class
@ghaarvyisthebest7874 don't get angry mate , its on purpose, they would die but never build ...it's a ponzi
People think that but it's simply not as 'rich' as people make out. We work like slaves, 10-20% has it very good I would say. The economy is great for asset holders because they purposefully pump the bubble up. But it's now very hard to have upwards mobility through honest work (not saying it's impossible, but much harder than hefore).
Alot of "third world" countries are much happier because they are not slaves because at least the government doesn't turn shelter into a massive speculative bubble.
I am genuinely ashamed to be an Australian.
Come from a long line of military background but no way in hell, I am defending this Country anymore...
Please defend China and CCP
Who have you ever had to defend Australia against, unless you were in ww2 you weren't.
Agreed, i am 5th generation . Anzac day is coming up. Our vets killed and died for what we seeing today? They were lied to. They were a generation who did not question,just believed. Please hold your head up, do not be ashamed as I did because it is not good for our health. Safe travels brother
I am only going to defend my family and friends and the house i am living in/renting. Not going to die for this scum bag Government
I agree with you. I'm close to a ex Australian black ops soldier and the way he has been treated since medically retiring from the military is nothing short of disgusting
$650 a week for a 1 bed 1 bath? Thats insane its not new york!!
It's all about supply and demand in the free market. Should the government step in that is the big question.
@gavinlew8273 the government only need to overrule local councils and spend some of our $$$ to expand residential housing blocks availability and change the red tape surrounding housing approval and building requirements minimum square metres etc and it would be solved however thats not profitable enough its better to squeeze every dollar out of the current housing market before opening doors to create more
Exactly! It’s Australia! Way better than NY
@@ssusggus Not for long.
@@61sunset is NY magically going to get beautiful sunny beaches and sun all year round? With beautiful bushland. What about safety of our children in schools and the streets.
You will own nothing and be happy - World Economic Forum
You know this is the political and economic theories of Karl Marx and Friedrich Engels, later developed by their followers to form the basis of communism? Essentially Labor/Greens
The world economic forum is demonic. Trust in Jesus Christ only hope we got.
That is the really sad true people keep going blaming migrants ,while World economic assholes are destroying this country!!
Only half of that statement was ever meant to be true
Coming to a cinema near us
And the military are confused as to why they cant get recruits... uh, im not goung to fight for a country that i cant own a home or afford to live in.
Why fight and die for country when it is every person for themselves?
Isn't it bazaar ,countries like Thailand protect the locals, generally foreigners can't buy land or houses, for us "Australia"for sale to the highest bidder for anyone worldwide. Sovereignty?? For sale. As long as the politicians and big business prosper thats all that matters. Banana Republic.
The whole country has been sold to CCP
I’m Australian and built a house in Thailand. It is possible. Many people do it.
Australians can own apartments in SE Asia but not land or houses. A lot of stupid men buy houses for Thai women and the house is in the Thai wife's name. That's how a lot of Western men lose all their money.
You can buy a condo over there in your own name and own it outright.
@@SBGNatureandCoffeeChannel So basically it’s the same as what happens in Australia.
@@SBGNatureandCoffeeChannel you can own houses in Thailand. And if you invest over a million you can own 1 rai of land.
My daughter and I are about to be homeless, again. Last time, after 6 months of homelessness on the Gold Coast, I packed my daughter, dog and cat in my car and drove to Perth. After 6 years, our landlords are selling, and there is nowhere to go to. It is so traumatic. 😢
Sorry to hear your story. Your plight is now affecting everyone, something will have to give. Stay strong 🦾❤
Maybe should have stayed with your partner. Or did you have bad judgement?
why never think of buying?
@@antpooWhat a mean thing to say to that lady ! Shame on you. What do you know about her life ? Maybe her ex partner was abusive. No need to kick someone who’s already down
@@muriellefried1328 just tired of hearing about single women with kids seeking sympathy. It’s epidemic.
Exactly the same housing and immigration problem are also happening in Canada. That make me wonder if there is a hidden world master behind the scene.
There is... It's called "Greed".
What country are most of the immigrants coming from? Maybe there’s been a deal struck from higher populated countries-that they won’t start a war to invade, if other countries like Canada, Australia accept their citizens - the take over of our countries silently with immigration and their citizens being able to invest in our country buying up property and land. A friend asked a rest estate agent recently who is buying all the houses because everytime they are listed they are under contract within minutes sometimes and the agent said it’s cashed up, overseas Chinese investors. They have to pay high taxes in order to purchase but they can afford it.
Both have libtard governments
I believe there is a hidden master, who steer the West to the left.
@@TheSuperdodgyyes but also a very evil agenda working behind the veil.
if its lasts more than 2 years then its not a "Crisis". is human made "Hell"
why do I feel like the media is covering this up by using what happened in Sydney as the news we should all be focused on like I dont get it cuz people die everyday u cant tell me in Sydney someone on the road drink driving and died someone shot someone and died someone stabbed someone passing by and died like if this terror attack is big news internationally now then why isnt all those incidents where people died big news
No child will live in poverty by 1990. Bob Hawke.
Perhaps he mis-spoke?
No child will be living ALONE in poverty - their parents and relatives will also be living in poverty with them...
A lot has changed since 1990. He’s also not our Prime Minister.
He was referring to Family Court and maintenance a lot of men have had to sell their homes have committed suicide. It is an out of control problem. I never ever asked for $.. happy to be safe with my girls..
Now u know there all frauds
What a joke. These politicians knew exactly what was coming. It has been in the making for years. The previous prime ministers all signed documents to agree to everything
A list of electorate offices to be invaded and camped in would be a dam fine start. Tents on politicians front lawns would be a good follow up. After World War Two the governments of Australia and New Zealand built houses in massive numbers for returning soldiers. They then made it easy for them to buy them. This is a government created problem to be dealt with by government. Leaving it to developers will provide half arsed solutions and non compliant houses that leak. I do not need help in this matter.
You are so wrong. The government causes most the problems and now they are going to fix this one? They need to sell and government land that is no absolutely essential cut the public sector regulation and lower taxes. That is the carrot the developers need to build not more bullshit government. Just make it easy for them to build you have no idea the loop holes to put up a wooden frame mate. And it doesn't help that the labour cost is so expensive due to the massive building union blokes that stand around all dad. CFMEU especially.
I've spent two years (and a bit) as an unhoused person. I have a car and transfer my things from front to back to drive then back to front to sleep. I count myself lucky because the back folds flat and I sleep well there. No disturbance, no problems. Police gave me a big smile when I see them, I think they feel sorry for me that I have to live like that. Be grateful, count your blessings, leave each place better than how you found it. ❤️
Awesome plan , but nobody is willing to do it
@@slavbrav69
The carpark here has between 1-6 cars doing the same thing each night
Too many properties apparently being sold to overseas investor cash buyers who are Not Australian and many don’t even live here, and that’s what I’ve heard. Lots of houses and rooms are also rented to students from overseas causing Australians and permanent Australians out of luck and homeless.
In this day and age and tough times “Only Australian Citizens Should Be Allowed To Buy Australian Homes”
Many Other Countries do not allow their homes and land to be bought by people from overseas.
The whole country have been sold to CCP
@@user-tb9yp8rr5w 是的就是这样，你有什么办法吗？穷酸的人也就只有穷酸的想法了。
Because they have the money to buy them while those here are struggling.
@TRI-xe3xw mate ...is that CCP, please allow google translate...🙏
Australia do not allow foreigner to buy either unless off the plan.
At least the dude you're rolling with said "it's all planned" of course it's all planned, none of this is normal circumstances
I think poor planning is more likely. Nobody benefits from this situation.
Realestate tyrants do
Spot on. It’s the planned destruction of the west. The fact that the same issues are being felt to varying degrees across all major western countries makes for fairly obvious proof.
There was to much middle class so thats been fixed now as you need lower middle and upper or the economy does not work with out the right balance
At some point you have to ask yourself, if everyone can "advocate for their people" except whites and everyone can "be proud of their race" except whites and everyone can want "live among their own" except whites, maybe, just MAYBE, something khlergi is going on.
Countries with mass immigration: Sweden, UK, Ireland, Germany, Australia, US, Canada, France, Italy, and more. They all have ONE thing in common.
Why is only one type of nation being told they MUST become more diverse?
500,000 immigrants entered last year. 500,000 Aussies with no homes... DO THE MATH!
Whats everyone paying for rent? 600 p/w Gold Coast (recently moved from Sydney)
Bingo
The government imported 500k voters that will vote for labor cause they are grateful to get in here
@@Hakankirbas yeah no, "WE" neither need nor want you all here.
@@Hakankirbas how did they treat you?
Do the MATHS!
This is a global problem not just in Australia right now it's happening everywhere
enjoy voting for scums like labor libearls and greens
in other countries its worse
@@InfinityIsland2203 of course not agree with you. But think about it its not only happening in Australia its even worse in other countries belive me
All by design.
@@mgp1203 come really open your eyes ma'am
Most people are less than 2 pay checks away from being homeless 😢
In Australia. If you're a citizen and think secure, this proves that you can be in a good position one day, and on the 2nd day, you could be homeless. It can happen that fast. Evictions, price hikes, lack of rises of wages across the board, businesses crashing, families breaking down. Lack of government rewards for hard workers, the government supporting ongoing slackers, but refuse to support those in crisis mode because you need to be at rock bottom for a little while until you qualify for help. This country has no real good reason to work hard and long. Rich dominate and the working class slip into poverty.
when is this housing crisis going to end?
Well-said
@@lainsmilk people should stop to vote Labor liberals and greens first. We need to stop immigration to fix the housing crisis
Totally agree with you mate.
Thank John Howard where this all started out
Australia has become a country for the rich
Not really. A lot of ordinary people have purchased property, and they are fine. If someone never plan for their life, now they are in rude shock.
Facts Australia is very expensive to live.
It's become a country for everyone except for Australians..
They are slowly but surely pushing the low income earners and middle class out of the picture. If you are not up there with the criminals and the corruption, then you will to lose everything and that is their plan.
All by Design!!!
Psychopaths are disproportionately represented in Politics, Police and CEO’s
Not a design, a plan.
This is how shanti towns start unfortunately. Some children may be born here and will be used to this kind of living, they won't know anything else, people will start to build with discarded materials because you cannot live in a tent forever, this is a community already, they might help each other survive, their children and grandchildren will have less and less chances to study, they will become criminals to survive, then criminals as a way of living, drugs and all kinds of abuse and addictions will prevail. Is this what Australia wants for its current and future citizens?
How long until we have Favela's.
Or a civil war will break out😢
This Gov is disaster. They have done nothing to reduce price for property or build more houses.
And they made so many promises before the election.... Australians should be their top priority rn... But unfortunately they've turned a blind eye to the reality that the government has created on the Australian people.. everything has gone up in price the lack of proper housing for the Australian people and don't forget the high mortgage rates.... People are really struggling with everything today.... The government has to cut out the immigration right now and hold the supermarket chain's accountable for their high prices for groceries... The farmers don't get what they deserve for feeding the population, most of the farmers are going under... The Australia that we used to know and love back in the day isn't the Australia that we can be proud of right now :(
Tiny homes don't need all these big prized developers and real estate agents, as they come already built/folded. Make tiny homes permittable in Australia! I'm not homeless but as human beings we each deserve a tiny sustainable home and healthy small land or community land share we can dock our tiny homes on, on which we can make healthy renewable soil gardens, etc.
You don’t need a lot of space really , iv worked on tons of houses around port Melbourne and stkilda that were two bed miners cottages and back in the day housed six or more people , today most families have only one or two children.
@@splashpit I disagree people need space and those tiny portable homes don't cut it. Studio apartments that are just one big room aren't big enough for most individuals either especially if you want quality of life. Why should people have live in increasingly smaller spaces while the rich live in giant mansions? I think there is enough for everyone to have their own decent space whether they are single, have a partner or family.
Council regulations make it impossible to have a tiny home as a permanent dwelling unfortunately
I love those little homes. Very cosy
This is the exact thing that's happening in new Zealand
The irony here is everyone condemned and brought hate upon Pauline Hanson when she first suggested to stop allowing the Chinese to buy up all Aussie land, and water ways, businesses and migrate with little resistance so Aussies could have priority.
I miss my old Australia.
Homeless first time in my life. And I make decent money and work 40-50 hours a week it's like our country doesn't want us to do well and people are camping at the beaches in freo and cottesloe and everywhere. I have lost so much respect for Australia my own country my own home has run me into the ground it's disgusting
Sorry to hear that. Hopefully, we will get a decent government in the near future who would put an end to all this misery and you will be back in a home.
your not alone, this country is utterly screwed, sold out by politicians, existing to make others rich. at some point people are going to have to metaphorically start eating the rich, or just find where they live...
The more this happens, the more people get angry and then chaos breaks out.
Do you think the government didn't know this would happen, or is it that politicians have real estate investments and are expecting big profits at the cost of the people?
No they making basically criminal deals with illegal immigrants to get more votes which in terms rigging elections so they can keep putting money into their pockets
You lads are spot on. It was all planned but from many moons ago. Safe travels
My last landlord owned over 70 houses, all rentals, why allow 1 person to own so many, nothing left for anyone else.....
Will more taxes socialism help home ownership no
I admire his courage. I presume people were living in those houses. Perhaps they would have preferred the footpath.
@OP - Let's stop all investment property. Regardless of how many owners that is or the amount of properties. Then, where will all the tenants live? (And before you mention the government - why should tbey provide housing). Landlords provide a product.
Mate you let the relaestate tyrants loose, what have you done...CCP won't be happy
People are entitled to invest in whatever they choose no one stops you from doing it it's the government screwing it up for everyone.
Flood the 1st with the 3rd. 100% planned, food shortage next
You are the carbon they want to reduce 😮
Yes, and they won't be worry about getting food from anywhere they can!
This government has really worsened the situation! I have a friend who will be homeless within weeks & she is a full-time assistant manager of a store. Not unemployed etc. If I wasn't back living with my parents (as an adult) I would rent her a room, but there is no space here.
I heard there are many who work and live in tents with their wife and children. It's not anything like a lot of people think, but they sure like to condemn. It could be anyone of us and that is a fact.
And yet another 100,000 came in February alone.
when is the housing crisis gonna end?
Where do they even go?
and they get welfare benefits and business start ups and housing before Australians that are already here... disgusting...
Too many
Immigration is NOT the problem... the FACT is there are literally 1000's of properties sitting vacant across Australia... the issue is negative gearing... Michael Biercuk "Abbott saying immigration is the problem with why housing is so expensive is the complete odds with the facts" "there are 230,000 vacant or underutilised homes in the Sydney area and the ones with the most vacancies are the ones with the lowest rental yield and the most negative gearing tax deductions."
Let me explain how it works to be eligible for the negative gearing tax break a property has to be made "available" for rent... so all they do is jack up the rental until it is unaffordable and no obe will rent it... technically they have made the property available and can not only claim the fees for advertising and property management, rates and other expenses they can also claim for loss of rent and thereby reduce there personal tax burden.
facebook.com/abcthedrum/videos/1424103504330318/
End foreign and corporate ownership of Australian residential property!
We are being used and robbed! Mainly generational Australians! High taxes in every. Single. Thing. - what’s left after all the taxes? What’s for generational Australians?? 😡
the older generations dont know how good they had it. cheaper houses, cheaper fuel and food, lower pension age etc. younger generations are absolutely screwed.
All by design...there is no mistake....govern the mental know exactly what they doing.
My colleague just sold three 4-5M houses to one Chinese dude
YEP
also government indifference, clearly they are f-ing useless. all control, no responsibility
I’m disabled and living in my vehicle. 16 of us were just told to leave from where we were parked by the local council
That's because the grubs aren't getting any rates from you.
Is that in Adelaide? Councils do it all the time here & crush tents
Darwin theory of natural selection
@@myaccount9498 hadnt had any problems for 4 months till last week
Maaate I feel sorry for you, it's anti social behaviour, I have the Rangers looking for me every single day because retiree's walk their dogs around looking for tents to complain about because they have nothing better to do with their life, every single day I get move on notices
If I don't move then the clean up crew comes out and bins everything I own, if I find private land to tent on, they get the police involved to issue the move on notices, there is no hiding from these idiots they have such a low IQ level
It’s the same in Canada. 3-4 millions of temporary residents, more and more homeless. Something’s going on.
Please watch and see the truth anywhere but here!
I'm a cleaner that works for real estates and another thing I have noticed is that I'm doing a lot of end of leases on the same places. A lot of rentals are only housing tenants for around 6mths. I'm not sure why this is happening but its been in last 2yrs. Even the rentals around my own house. New neighbours every 6mths. I'm in central west NSW
People leave because they are being kicked out or they can't afford the rent increase. The situation at the moment is ridiculous.
The rent isn't always increasing within those 6mths. So that means that the real estates are kicking them out.
@@Dani-nb4dg it's always landlords decisions not real estate, and yes , rent are still rising when they renew the contract
It's a gold rush
Real Estate Agents are kicking them out so they can raise the rent at the end of every lease.
Its ok the average politician has about 5 or more houses so they will be fine
Big developers have large parcels of land they bought before COVID. Developers have figured out if they don't develop the price of the existing land they hold will go up. They are incentivised not to develop.
If you don't develop land within 2 years from DA approval you should be made to sell the land onto someone who can and there should be penalties applied on top. No land banking the land for 20 years. No government party except maybe the greens has a credible plan that would make housing affordable again.
@@sl2462green a communist they wont help home ownership
@@coopsnz1 They are far from perfect I will give you that. They also want to increase immigration (which i disagree with) but they are at least prepared to change taxation on housing. Giving everyone a fair playing field (no neg gearing, no CGT discount, no first home buyer grants) is not communism....it's more like a free market. That being said if they are just going to open up the flood gates on even more migration it may just cancel the benefit of any tax changes. Ideally need a party who has the same view housing tax but wants to reduce immigration in the short term.
Home ownership declined under bob hawke growing government so how greens beter you're delossiional @@sl2462
Yep, my development has been approved, But why develop when the cash I get will be worthless shortly after developing. Better to just keep the land and watch it keep going up as that money printer goes brrrrrrrrrrr!
And yet so many Australians also have multiple houses and are doing Airbnb instead of rental.
Easy way to make money by doing Airbnb. Who doesn't like that?
@gavinlew8273 ikr? And they are blaming only immigrants for rental crisis. I live in Port Douglas and Cairns for 10 years, and i have seen airbnb can easily make 3 times more money than rental.. who's gonna rent their house?
@@donghyunkim8002 It is them, they do it too do Airbnb, also just buy and leave.
@@donghyunkim8002currently living in Cairns. I agree, people blaming migration but so many properties here are being brought by people from south all as investments due to low prices. Now prices in Cairns has skyrocketed.
It is a terrible predicament!
One change I would like to see take place is that once a landlord has served three months notice, people should be able to immediately apply for the next place and move asap without obligation to pay out the remainder of their contract.
It is fair considering there are very few rentals available and the stress it puts onto families once they have lost their security is intense.
Wowww i remember renting in sydney in the inner west, about 15 years ago, some places i lived in was a 2 bedroom unit at $220 a week, and a 3 bedroom house was $380 a week!!! I got rentals everytime i needed them as I had a really good long term job and the girl at my real estate would find me a rental straight away without even having all the hassle of going to open inspections. I got out of sydney just before they started the massive rent increasing, there's no wayyyyy I could afford to live in Sydney anymore not without having to rent out every bit of space to extra renters but it gets too insane living with so many other flatmates who are messy and party and sneak other people to live with you for free, yea I had to get out of that crap.
The old Bunnings Preston, opposite Northland, is an example of certain buildings around Melbourne where stupid decisions have been made that could be repurposed to support homeless people. Imagine how many people that could fit into such a shelter.
Insurances, security, liability and just standard council bullshit will block anything like that from happening
This is the Vic state government your talking about the state with the highest state debt in the country you don't get that because you know what you're doing?
I agree. But you would need to build bathrooms, laundries, kitchens, bedrooms ect. Australia really has gone to crap....
You remind me of my old boss Wayne in Brunswick 😏
Churches could be repurposed as they are shut most of the week aside from Sundays as well.
Theres a million vacant homes in australia right now, tell the government they need to put thoes houses up for rent otherwise pay a 5% fee of the value of the houses each year, and use that money to build good public housing and safe homeless shelters.
Yes, 💯 ❤
I am 76 yo and been living out in a permanent camp on private property since Dec 2021. Camping is almost a full time job. I have plenty of money, and my Dr tells me I am the best she has seen for my age.
I have solar for fridge, lights and devices, bit of investment there but no more bills. I get water off my tarp or collect it from a nearby rain tank. I filter all water for consumption. Cooking mostly on charcoal/heat beads hibachi under tarp, plus butane sometimes. No rent, no debt, no water bill, no mortgage.
I guess not everyone can do this, but I have been a ski lift operator, and been a drover, so knowing how to beat the cold helps. Suggest people find friendly farms to escape to while this crazy world sorts itself out. Get out of your cities folks, this is looking really bad and I had no idea it was happening here in Australia. USA got a much bigger problem.
Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult❤
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
It's not just the eastern suburbs, in western Sydney too, there are at least 5-10 people at every inspection. I moved to Sydney from Dubai and it is heartbreaking to witness this. In Dubai, you go for an inspection, and you get the house but I was nightmarishly shocked looking at the situation in Sydney.
Why you can go to Asean country like Malaysia. Indonesia?
Liar, UAE doesn't do open house like Aus. Buyers contact agent to see, same house is at least 5 times the Aus price and most housing are apartments
Paramatta station anyone😅
@@user-mj8nq6nx8w Did I say 'open house' inspection?? Yes you contact the agent and then you can inspect the house for yourself.
Doesn't Dubai practice slavery?
New subscriber here. I found this raw, honest, informative & eye opening. Thank you for the video 😊
Rent is so high and not enough housing it’s hard especially when… I’m speechless so many things don’t know where to start!
Australia no housing not even for rent!
The mismanagement of immigration by the labour government is to blame. Im all for immigration but right now its at a tipping point because of housing shortages and lack of construction. Immigration at this rate is a lazy way of boosting the GDP. It's absolutely disgraceful to see people living like this and we should all get together and be more careful who we elect as the government.
Uap or one nation.
This is true. We elect the people who make the rules. Don't like the rules? then elect different people.
it's all about interest rates.
Fuck immigration especially for the illegal immigrants. All these people that say yes we invite more people into Australia to live ask those people would you be willing to take illegal immigrants family to live in your home. 100% of the time they will say I would but I don't have the room. If you don't have the room in your home we don't have the room in country
Yes Labor is in power, and yes they are bringing in far too many immigrants, yet both parties support well above average immigration levels, from the second world war to the mid 2000's, our immigration levels averaged about 90,000 per annum. It was under John Howard's Liberal leadership that the turbo chargers were put on immigration, with well over 150,000 to 250,000 invited in each year. However John Howy was a very "clever" politician he focused a lot of attention on illegal boat people, and stopping the boats whilst laying the red carpet for hundreds of thousands of "legal" migrants via airports, I think it's called the "bait and switch", and Howard excelled at this.
The Slimeminister doesn't give a shit about Aussies
Aussies don't give a shit about aussies😂
He has turned Australia into a slum. Throwing millions to other countries whilst turning a blind eye to the chaos happening here.
His immigration policy has destroyed any chance of homes for Aussie families.
Disgusting grub!
Anthony Arafat.
I have been homeless since 2006. I have PTSD . I can’t sleep around people. I need peace and quit. I don’t like alcohol and drugs. There is too much violence and thieves on the streets. Aboriginal people pay rent which is insane. Council Rangers are extortionist.
We've been hit with a unaffordable rent rise last year, we're just hanging in there. I sold my 4wd and bought a old bus that I am trying to get liveable. Though it's taking a long time due to my health and trying to save for materials.
We both work, I'm on a DSP and work part time at a bus depot and my wife a community carer. There is no affordable rentals in our area (we are not in a major city) that we can afford. Being private rental at the moment our rent is actually lower than most in this area thanks to our landlord, he could easily be getting another 100-150 a week from this property looking at the other rentals in the area. We simply could not afford that. The bus will be our home, and they cannot take that from us. Just have to find somewhere to park it. Rental prices even way out west are ridiculous, greed in it's finest. I feel for those that have already been forced into their car or tents.
I think,the government should stop the immigrant coming to Australia for 2 years...and they should solve the problems and create jobs for the Australian people.
I’m so glad you did this and used your platform to bring awareness
I'm 42 and about to move into my swag at a free camp. I have a unit that takes half my weekly wage to live in, then the money I have left gets divided for fuel and bills. I haven't done a proper food shop in 6 weeks. rent is ridiculous. The cost of living is ridiculous. The government knows this, but this is part of their plan to break us. You won't break me. We need to band together, go back to bartering, go back to communities that look out for each other.
Bartering been going on for thousands, it saved me years ago when I was very suck and poverty stricken at that time.
Reduce immigration to how much houses we can supply and the housing crisis will be fixed. Big companies, universities and government don't want that, because they make a lot of money from it and Australians suffer. This is absolutely disgusting and happening in such a beautiful and rich country as Australia.
This is the obvious solution.
Realestate CCP tyrants
Most of Immigrant bring their wealth to Australia and most of them are much richer than Australian.
Your salary must be much lower without them, that will make more homeless in Australia.
What the government need to do is stop more illegal immigrants
Yes, housing price will be lower but the salary will be much lower in the same time. You will know How important immigration is to the Australian economy if you read any economic report or statistical data.
They pay Four times the cost of tuition compare to Australian student,Around 200K Per Head in college.
And the education industry accounts for 5% of the Australian economy.
You can imagine how many people will lose their jobs without that
When you do house people.
Put the mentally ill in one section, the elderly in another and the addicts in another, because it doesn't work!
Same as Over here in New Zealand... it's so sad
High rise apartments are being built everywhere in Australia....and keep building in new area's with new estate's, land for sale and home packages! But hang on these people are homeless, can't afford rent, unable to buy a house because it's impossible......rent high......prices of houses expensive.....so what the hell is going on! We're and who are the people that come to buy and able to afford rent? Something is just not right 😕
3 out of the 4 people you interviewed that were looking for houses were foreigners.
How do you know?
@@stevo728822 Listen to their accents.
No they were not!
@@vivrowe2763 Yes they are. Are you even a native Australian yourself? Here, let me point out each accent individually for you -
8:09 Foreign accent not sure from where - it's mostly Australian with plenty of foreign in the mix
8:27 British accent
8:59 Indian accent, or somewhere nearby in that region
9:22 100% Australian accent.
Also - the interviewer also has a 100% Australian accent.
Man this made me so sad watching I'm thankful I have somewhere to call home
my partner and I could have bought several homes with the rent we have paid... but no one wants the huge pool of poor to get ahead... because that huge pool of poor people is what the rich ride on to get richer... disgusting...
I no longer recognize Australia
Sydney recently, left crying, no white people left, travelled by trains, eye opener.
Australian housing is overpriced and way laden under debt. The bubble has been brewing for decades, and most people assume the highest price sold for a property applies to all properties in the area. It's this thinking plus real estate agents encouraging such thoughts that drive the prices. Supply and demand, fair enough, but the psychology of people has been so engrained with the highest price thinking it's quite psychologically sick. Australia, the bubble is here.
I am paying $600 a week on rent, Last time they renwed lease they put it up $50, I was paying $425 when I first moved in, now I am paying $2400 EVERY MONTH.... A Few years ago this amount was more than a mortgage.
So, seeing the extra $50 increase, I went seeking a new lease elsewhere, I was inspecting Duplexes, half duplexes, 2 bed, 1 bath, 1 garage, around $400 a week rent....
Was told I can't afford, as I was competing against dual, and triple income applicants...
So..... I am still paying $600 a week rent.
Same I cannot sustain the 600pw! I'm very depressed, I've lost the sparkle in my eyes! 😢
Australian government has become greedy, overseas investors into the housing market needs to be banned
Immigration needs to be banned for a period, we need to look after our own before we worry about others
Bring back nationalism
No, forever, you won't be able to move soon!
Slow down migration until housing can catch up , new land release in outer suburbs should be affordable not over 1,000 dollars a sqm , thats a joke . Not enought room to plant a tree . Plenty of land in the out suburbs , but land release is very slow to keep prices high . Flood the market with cheap land and house prices will fall . But governments don't want that .
Spot on 💯
Correct. We need to change our votes to achieve this.
I think they do it to slow down urban sprawl
Thanks for getting the voices of the people who are most directly impacted by this. Great video.
Bigup for your recent videos Jamie, you, Spanian and Purple pingers seem to be the only few people shining a light on whats actually happening on the ground! Bigup mate
It's crazy to think that Australia has 1 million vacant properties and 160'000 of those properties are abandoned! In braybrook which is a suburb in Melbourne there's a few of these abandoned houses but no one knows who owns them........
There heaps of homes forsale how supply low ?
@@coopsnz1 low in major cities I guess
@@AUSTRALIAN19953 no northshore & eastern suburb sydney
@@coopsnz1 didn't this video show eastern Sydney 😅?
That is a gross exaggeration of the number of truly vacant dwellings.
On census night there may be 1 million dwellings in which no person slept. However a week or two later people are sleeping there.
The number of truly vacant properties in areas of need is much much smaller.
Here are the reasons why many dwellings are reported vacant on census night:
* People on holiday, and soon return home.
* Rental property between tenants. When tenants move out it often takes a week or two to inspect, arrange repairs, and find new tenants.
Do the math. If every investment property has a 6 month turnover and is vacant for 2 weeks between leases then this gives an 8% vacancy rate for the entire rental stock.
* Greedy landlord trying to get a higher rent leaves the property vacant for longer
* Holiday home that is vacant most of the year.
* Home that has been sold and buyer is about to move in. Often properties are vacant for a few weeks. Some buyers like to renovate before they move in so the house is vacant for 6 months or more.
* house-flipping. Sometimes tradesmen, builders or DIYers will buy homes, renovate them and then sell for profit. These dwellings can be vacant for 6 months to a year while the renovations occur.
* AirBnB house. What used to be available to live in permanently now functions as a hotel/motel for short stays
* Non-vacant. People are unwilling to fill in the census for some reason such as illegal activity or privacy concerns
* Overpaid rich people who work overseas in Dubai or Singapore and can afford to keep their original Australian home empty for occasional visits.
* Elderly people sick and in hospital or recuperation ward or nursing home. The old person has a lifetime of belongings in the house and hopes to get better and return home, but sadly they remain away for many months or years before dying.
* House is inherited by children and they take some time to clear the house and decide what to do with it before fixing it up and selling it.
* Rich Chinese buy property and keep it vacant as an investment.
I'm watching this while laying in my warm bed, with a full stomach in my house. We're so lucky, I can't speak for anyone else.
And some people think we live in the best country in the world lol
Was. Now we are descending to what the US has turned out to be. Homelessness, drug abuse, violence etc.
Myself, my husband and our 2 kids homeless for 8 months. I work in age care and he is folk lift driver.
Money or our tenant history weren't issues.
But when you're going up against people offering 12 months up front.
And you're renting in motels, its a dog eat dog.
We now have a place for 3 years.
Bless you , at least you found a place. The situation is absolutely ridiculous at the moment.
@@KingAcid15 oh I know. I've only been at our new place for 2 months now. My sister is now homeless and she's been diagnosed with M.S and her left eye is losing sight. Unfortunately the landlord won't allow her to sign on as a tenant as he said his worries about over crowding and fire hazards.
I thank God, and hope others find a home soon.
But with lack of properties being built and record immigration. I highly doubt any time soon.
You shouldn't be allow to breed, pity your kids
Fuck sorry to hear that. Feel for you guys.
@@hollysmith1347 that's so bad. I wish the best for your sister as well. Shame on her landlord and shame on the government to allow this situation to happen...
Why do they keep bringing people in??? Why do they allow houses as an investment???? Why?????
My partner, myself and our dog have been homeless for over 2 years,,,,it such a tough way to live ...I don't think governments understand people in a situation like this would be extremely happy just having a safe place to put a tent and not be moved on ..
when is the housing crisis gonna end?
@@lainsmilk not anytime soon sadly,I'd say not for a decade at least
@@sdjuxu that worries me, should i worry? im having alot of anxiety
@@lainsmilk there's not much point worrying about something beyond your control?
What's your living arrangements?
Hearing & seeing how ppl are living makes me sick to my stomach!
This should never have happened in Australia. no one should be without a
roof over their head, it's insane that we have become a third world country in such a relatively short period.
I hope you , your partner & furbub are OK, x
Awesome video to show the reality of the situation in down under! Australia is definitely rich enough to build affordable homes for everybody. It just needs to get the right politicians in government.
It's an Immigration Crisis, not a Housing Crisis.
True
But we are Doctors 🇹🇷
It has nothing to do with immigration. At the last census there were more than 1 million empty homes. There are entire apartment blocks that have never been lived in. This is a deliberate ploy by foreign investors. It should be illegal. Don't follow the racist media beat up about immigration, dig deeper for the truth.
No immigration crisis, it is the housing crisis that was created by the gigantic real estate industry and banks. They are the ones who have control on the price of selling the housing like the products.
Houses became the financing and investment products instead of the personal living home, with more banking manipulating the interest rates, the house became unaffordable in the long run.
The unethical capital interest maximization economy development model has created this type of multilayer crisis.
Blame the greedy real estate, landowners, banks, and lobbyist groups, and the loophole system from the government. They are the real powerful and influential force behind this whole living Crisis.
Without challenging them, reducing their controversial power, the working class won't get anything eased.
@@soultravellerDonJohn do you think record levels of immigration have no effect on the availability of houses? lol
Our government needs to build mass public housing outside the citys
Or within them…
@npet-nl9ng that would decrease supply, social housing would need to be built where there is higher land supply
Public housing estates just reinforce social inequalities… the answer is not banishing everyone who doesn’t have the means to purchase a home to the outskirts of the city, it’s about weaving public and private housing together, to ensure social and economic cohesion within society.
Agree and then provide the right social services to help these communities or we sink into the dungeon of social housing historically thwarted by social problems. There was a comment made of not putting the mentally ill, older persons and addicted all in one clump of social housing… Why are we not permitting smaller dwellings/tiny homes and working with developers to make it more affordable? Developers also need to put a cap on margins . Problem is volume, supply and tradies up skilling. We need to put a pause on migration to just repair. If you keep squeezing middle class with interest rates they will not doubt slip into trouble.
Great interview bro. i never thought in our country we would have to worry about a safe spot to sleep.
Keep up the good work, Jamie. My heart goes out to these people who are homeless, I also noticed that you have a lot of respect for these unfortunate people and take your time to present it in a very objective but compassionate manner
Its a similar situation here in New Zealand, but not to the extent it is as in Australia. I think the writing is on the wall for the situation to get worse, if it even gets better in future.
Keep raising awareness, great job guys 🙌
I feel sorry for renters. It's a zoo out there.
This is so sad, whilst our tax money goes towards ungrateful junkies
do u mean aboriginals that use there situation as a way to be with Centrelink when they get homes just for them to trash them and drink
touch grass
Because China was building everything. Now their property industry has collapsed and governments around the world don't want China to come in and buy up land and build stuff on it, that's the big root cause. + Institutional investors buying up properties.
And greedy grub politicians.
What do you mean? you know the “ungrateful junkies” you are talking about are a portion of the people struggling the most from this housing crisis. People relying on tax money are not junkies, dont be ignorant.
Housing crisis is so bad here that the hidden homeless age beginning to come more visible but no solutions because costs are prohibitive. I know many people are on brink.
Last time Australia had a huge migration intake, it was post WW2, and the government built houses for the people. Now they aren't doing that. I don't think giving developers money will get the people that are living in tents a place to live.
Builders have gone belly up, or don't you think that matters. The costs are blowing out because they need permission to do anything because of the Yes going through.
It is the real estate agents, false pricing in unison, artificial bump price.
No new houses built and why?
Awesome my bro. Too much you for giving a informative video about what's happening in Aussie. Similarly to my country, NZ. 😢 I hope we can do some substantial changes bro
@jaimezhu we need to speak openly about this and come up with new ideas to help people build confidence and safety for those people who have suffered immensely.
The Australian government needs to stop letting foreign people to work over here and live over here stop letting them in
You’ll own nothing and be happy. Supposedly! Its only going to get worse, start prepping folks and sharpen your pitch forks!!
All by design