The Albanese Government’s immigration policy is set to bring in approximately 650,000 individuals by year-end, but a major concern arises: where will these people live? Australia is experiencing its lowest number of housing building approvals in ten years, and the rental market has less than 1% of available properties.
As a result, many people are residing in cars, tents, or their parents’ basements. This is not because they cannot afford to rent a property, but rather because there are none available.
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