this post was submitted on 17 Jun 2025
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Meanwhile the housing minister says prices shouldn't fall. Which of course means they dont want supply of multifamily homes to increase enough for prices to fall.
Immigration is also still well above housing completions so why would prices fall?
Exactly - they're running contradictory policies where they want "affordable housing" while simultanously keeping prices high and maintaining record immigration levels that outpace construction.
They've definitely rebranded affordable housing as crappy government rentals and not actually affordable housing. But they got the youth vote already, what do they care.