š” Last week I highlighted how young Australians are hurting under this Albanese Labor Government.
According to a recent survey 9 in 10 have suffered financial difficulty over the past twelve months and 61% believe they will be financially worse off than their parents. Sadly just 41% believe they will ever be able to purchase a property in the future.
The crisis in housing we are seeing now is directly linked to Laborās reckless management of the economy and immigration system. Australiaās population is growing at the highest rate in 70 years.
Itās commonsense that this would distort the market with rental vacancies hitting a record low of just 1.02% in October and the cost of housing increasing by 10.4% in the past 15 months.
Recently the CEO of one of the major banks said that home loans are becoming āonly for the richā. You shouldnāt have to be born with a silver spoon in your mouth to get ahead. Yet under Labor that is becoming a reality.
Labor cannot continue to take the youth vote for granted while they are crushing the Australian Dream.
Boosting home ownership has been a core belief of the Liberal Party since its founding. If returned to Government we will work to support more young people get into their own homes.
