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Old Posted Mar 27, 2024, 2:13 PM
Drybrain Drybrain is offline
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Join Date: Sep 2012
Posts: 4,537
Quote:
Originally Posted by GTG_78 View Post
We need to keep building as much as possible. But the housing crisis will continue unless we significantly scale back immigration and especially NPRs, TFWs, and international students.
Well, that will happen at least temporarily, if the government follows through with this recently announced plan to scale back NPRs to 5% of the population by 2027. Doesn't sound like that big a deal, but to get there that quickly we'll basically need to stop taking in NPRs for a couple of years, which will cause population growth to crater before going back up in '27/'28 (to levels somewhat below today's, though still high).

The government hasn't announced by what means there will be such a dramatic reduction, however, so it will be interesting to watch.
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