Population ponzi drives Melbournians into homelessness

Friday 19 October 2018

Melbourne’s immigration-driven population boom, which has seen the city’s population surge by nearly 600,000 people over the past five years, is not only causing a rental crisis but also driving residents to homelessness. From The ABC:

Rental properties are now more expensive, and harder to find.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.