Increasing immigration in a housing supply crisis is adding ‘fuel to the fire’

Philippines News News

Increasing immigration in a housing supply crisis is adding ‘fuel to the fire’
Philippines Latest News,Philippines Headlines
  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 78%

Liberal MP Garth Hamilton says the increase in immigration without action on housing supply is like placing “fuel on the fire” to an imbalanced housing industry within Australia.

“Absolutely fuel on the fire right here, there’s an incredible imbalance in the housing industry right now, there’s nowhere near enough supply, demand is high and what we’re going to do is make that demand even higher,” Mr Hamilton told Sky News host Amanda Stoker.

“This will make things much, much worse if you’re a young person out there trying to buy a home … what this does for your prospect for future, it really, really just makes a very messy situation much, much worse.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SkyNewsAust /  🏆 7. in AU

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

It’s OK to vote Yes: Meet the Liberals campaigning for the VoiceIt’s OK to vote Yes: Meet the Liberals campaigning for the VoiceLiberals For Yes will target “soft No” voters who incline towards conservative or Liberal values but could be persuaded to support the referendum.
Read more »

It’s OK to vote Yes: Meet the Liberals campaigning for the VoiceIt’s OK to vote Yes: Meet the Liberals campaigning for the VoiceLiberals For Yes will target “soft No” voters who incline towards conservative or Liberal values but could be persuaded to support the referendum.
Read more »

‘Deeply personal and very authentic’: how podcasts took over the world in 20 years‘Deeply personal and very authentic’: how podcasts took over the world in 20 yearsSince the first podcast was released two decades ago this month, the medium has upended pop culture in countless unexpected ways, from revolutionising standup comedy to providing storytelling fuel for drama and documentary
Read more »

Australia at a ‘tipping point’ with fight against inflation: McGauranAustralia at a ‘tipping point’ with fight against inflation: McGauranFormer Advisor to John Howard Peter McGauran says Australia is at a “tipping point” with the fight against inflation after the Fair Work Commission decided to increase the minimum wage. “Economists have long predicted where wages chase inflation, and fuel inflation and force up interest rates, which has another adverse effect on small business,' Mr McGauran told Sky News Australia. “This is very dangerous territory.”
Read more »

The fast-build homes that could solve the housing crisisThe fast-build homes that could solve the housing crisisHouses built within days instead of a year could supply the housing market fast and stem the worsening housing crisis according to experts.
Read more »



Render Time: 2025-03-07 03:39:59