Population Pressures on the House Market!
May 4, 2010 by Tim
Filed under property market, Renovating, tips
Well strike me , flat out like a lizard drinking!!!: popular press is advising that the Australian population grew a ”remarkable ” 452,000 last year alone. This is close to double that of only three years ago. At this rate it suggests an extra one million Australians every two and a half years. Simple arithmetic tells one, we will reach 38 M by 2050, yes, even higher than government forecasts!
This topic has generated some recent political debate: it has become a hot on radio talk back, especially since the release of the Intergenerational report.
Research, shows that student numbers have certainly doubled over the last three years to reach a level of 630,000, the most popular subject for study is English, which can be so handy for residency applications.
Some of the 900,000 expatriate Australians are also returning from overseas, due to lower income taxes in Australia, the stronger Australian dollar and the opportunity from a growing Australian economy.
Until recently, New Zealanders had rights to unrestricted entry, so who knows how many Australians are from NZ : Certainly the government doesnt know!
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