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337 Views· 03 June 2024

Why Living In Australia Is Impossible


Daniel Chyi
4,688 Subscribers

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Australia has the 13th largest economy in the world, wonderful beaches, access to world class education, universal healthcare and much more. At the same time, Australian housing prices and rental rates have reached record highs, ranking Australia as one of the most unaffordable places in the world.

In this documentary, we explore the key causes of Australia’s affordability crisis. We discuss immigration, bureaucratic red tape, tax incentives, declining investment and more. At the end of it we uncover the real reason why Australia’s housing market is out of control and suggest ideas to fix it.

00:00 - Intro
00:49 - Chapter 1: Housing and Rental Crisis
03:30 - Chapter 2: Immigration
05:00 - Chapter 3: Not Building Enough Homes
08:07 - Chapter 4: Tax Incentives (negative gearing, supers, and capital gains)
10:52 - Chapter 5: Declining Productivity and Investment
13:02 - Chapter 6: The Solution and Conclusion

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