Australia must STOP immigration to ‘help first-time buyers break into the housing market

Australia’s historically high level of immigration has been blamed for making housing ridiculously unaffordable.

With Sydney’s median house price hovering above $1.1 million, a major report fears Australia will become a ‘less equal society’ if the nation continues to accept more than 200,000 immigrants a year.

The Grattan Institute think tank cites high immigration and foreign investment as key reasons why Australia has some of the world’s least affordable housing.

Sounds familiar doesn’t it? Create a contrived shortage in housing, a contrived surplus of labour which depresses wages. What else is mass immigration for but to keep the proles down? Divide and conquer is among the oldest of games.