IMMIGRATION IMPACTS PROPERTY PRICES
Immigrants have been a critical part of the formation of Australia’s economy and property market.
At the conclusion of World War II, Australia experienced an extreme labour shortage and also held a firm belief that population growth was necessary for its success.
These key elements in combination with millions of people displaced from their homes across Europe created the ideal opportunity to launch a comprehensive migration program into Australia.
This led to the establishment of a federal immigration portfolio in 1945.
These days, with hundreds of thousands migrating to Australia, the demand for property will continue to increase. And we all know what happens when the demand is high – it will certainly increase house prices.
NEED TO ENTER THE PROPERTY MARKET? LET’S CHAT!
WILL BELL MORTGAGE BROKER
📞0448 111 046
🏠435 Nepean Highway Frankston
✉ wbell@belllendingservices.com.au
❓How has immigration affected the housing market?
❓What impact did the immigrants have on Australia?
❓Is Australia difficult to immigrate to?
❓Does immigration make housing more expensive?
❓What are the key causes of housing affordability in Australia?
❓What are the 2023 opportunities for first home buyers?
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