A conservative think tank has blamed migrants and international students for soaring rents in Australia but economists say this is inaccurate 'scapegoating'.
Economists say this is misleading.A conservative-leaning think tank says migration and international students are to blame for Australia's rental crisis, but economists have countered this claim as misleading and poorly backed up.
The government estimates there were 590,566 people in Australia on student visas in between January and April this year. The IPA claims housing is in critically short supply and "a key contributor to this housing crisis is the Commonwealth Government’s inability to rein in the influx of migrants." Data shows the number of properties available for renters has decreased because property investors are selling to owner-occupiers, Flaherty said, adding she thinks it's the major reason renters are facing tough times."Property investors do not have the same incentives as they used to," she said.
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