Australia's rental crisis stems from too many newcomers and too few properties. Government promises to build a million homes in five years won't fix it. The shortage will persist because supply can't catch up to demand.
And so within a few months, you know, if you buy well, you can, you can do them. And I'm sure he'll sell that in, you know, it'll just go, go very quickly because the fact is in Australia, we've got so many people coming into Australia. There's a real shortage of properties now to, you know, I would say rentals. They're saying there's a rental crisis. So many people having trouble finding something. So really, when you look at supply and demand, things aren't going to go backwards anytime soon, I think. What are your thoughts on that?
Yeah, I 100% agree. And it's interesting when you listen to the media and the politicians and they're all quacking about, oh, we're handling this, how the rental crisis, we're doing this, we're doing this. But the policies that they're putting out are never going to work. They're just not. They're suggesting, and I don't remember the figures off the back of top of my head, they're going to build a million new houses in the next 5 years.
