The latest population figures for NSW showed that the state received a whopping 93,481 net overseas migrants in the year to March 2017, but lost nearly 14,000 residents interstate:
According to analysis by economist Callam Pickering and others, many of the workers leaving Sydney are high skilled, meaning the city is experiencing a ‘drain brain’. From The Daily Telegraph:
Economist at jobs site Indeed, Callam Pickering, recently conducted an analysis of job seeker behaviour and found around nine per cent of clicks by STEM (science, technology, engineering and mathematics) job seekers in New South Wales were for jobs posted in other states.
“By comparison, only six per cent of clicks for New South Wales STEM job postings were coming from job seekers living in other states,” Mr Pickering said.
“With the exception of South Australia, STEM job seekers in NSW are the most likely group to search for work interstate”…
“It’s not that tech workers can’t find jobs in Sydney, there is an abundance, it’s that they’re more than happy to move interstate if the right job is available,” he said.
“Many highly skilled workers would rather live someplace else”…
“High and low-skilled workers in NSW explore interstate job opportunities at roughly the same rate,” Mr Pickering said.
“It doesn’t mean they took the job, but it shows the sentiment to move elsewhere is there”…
A midyear survey by Ipsos Public Affairs polling for the Committee for Sydney found of 1000 Sydney residents surveyed, one in three was considering leaving Sydney in the next five years.
Of those who rent, 52 per cent were considering leaving, while 53 per cent of 18 to 25 year olds were also considering a fresh start elsewhere…
The Director of Advocacy at the Committee for Sydney, James Hulme, agreed that a looming Sydney brain drain was a concern.
He listed problems with housing affordability, transport infrastructure and Sydney’s night scene (compared to Melbourne’s) as the main issues…
Mr Hulme added that he was just as concerned about the loss of frontline workers, too.
“We want people who serve their community in this way to be able to afford to live in their community,” he said.
Mr Pickering pointed out that Sydney housing fetched a 60 per cent premium compared with the median price across other state capital cities.
“A buyer in Sydney can expect to pay more than double what it would cost to get a similar property in Brisbane, Adelaide or Perth.
“Sydney is at a decided disadvantage. It could lose its mantle as our nation’s economic hub.”
Mr McCrindle agreed that housing costs were a problem, as were commuting times.
“Sydney has the longest capital city commute times in Australia and there is the high cost of maintaining a car and toll roads, so people start to question if this is the lifestyle they want,” he said.
“If you’re living 90 minutes west of the beaches then some people may feel they may as well be in another city.”
Fake left mass immigration advocates call it ‘cultural enrichment’. Everyone else sees it for what it is: housing unaffordability, wage stagnantion, congestion, pollution, and overall deteriorating living standards.
One only needs to look at the housing market to see why young locals are being forced-out of Sydney.
The cost of a dwelling in Sydney has rocketed to insane levels:
Driving the home ownership rate for those aged under-40 through the floor:
With the proportion of households thrown onto the rental market growing massively:
And more than half of lower income households in ‘rental stress’:
So basically, incumbent young Sydneysiders are being forced to move from where they grew up just so they can make way for the torrent of overseas migrants hitting the city every year via the federal government’s mass immigration program. And this torrent is expected to continue indefinitely, with the NSW Government projecting that 76,000 net overseas migrants will flood Sydney annually over the next 20 years: