A CALAMITY - The Housing Crisis in Australia is INSANE

The video addresses the housing crisis in Australia, highlighting factors such as high demand, low supply, and the impact of interest rates. It explores the lack of affordable housing in metropolitan areas due to job concentration. It also discusses the pressure on the rental market, with prices increasing. It analyzes the phenomenon of the "mortgage cliff," where fixed-rate loans expire, potentially affecting the real estate market. Despite some signs of hope, such as possible price softening, the crisis persists, leaving Australians facing financial difficulties and uncertainty.