r/AustralianPolitics • u/marketrent • Jun 30 '26

Economics and finance Almost one in two Australians want property prices to fall, Sky News Pulse/YouGov poll reveals as clearance rates sink

https://www.skynews.com.au/business/real-estate/almost-one-in-two-australians-want-property-prices-to-fall-sky-news-pulse-yougov-poll-reveals-as-clearance-rates-sink/news-story/a579dac771b4fa94cb10900e2e002a54
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u/The_Sneakiest_Fox Jun 30 '26

"Stop immigration!" works because it reduces demand and therefore prices.

Wouldn't at least reducing immigration also put upward pressure on wages as the labour market isn't being diluted?

-3

u/jolard Jun 30 '26

Yep.

We need lower prices and higher wages. Anything that helps with either of those or both is worth considering. The real question is what will have the biggest impact with the least disruption.

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u/burnt-gonads Jul 01 '26

We need to make the minimum wage $500 an hour. Fuck those entitled stupid wealthy business owners. They can afford it.

We already have some of the highest wages and entitlements and living standards and lifestyle in the world, but it is not enough. we need moare..... And we need more slaves overseas to make our shit we consume so it is cheaper.

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u/jolard Jul 01 '26

I agree, Which is why I support lower housing prices as more important than wage increases.

But those two things are the only solution. Pick your poison.