
It's amazing how Australia has had the second highest population growth over last 40 years even before the massive immigration over the last 4 years!
It tells me that even pre-COVID higher immigration was the norm for Australia compared to other countries.
It’s hard to see how this super long term trend can be stopped given our economic dependence on it. And therefore it’s hard to see how house prices won’t be double over the next 10-20 years.
Don’t make long term decision (or inaction) based on short term fluctuations.