'Lessons for Australia': Article reveals how migration cuts will lead to drop in housing prices

Sky News host Caleb Bond states that there's a limit to how long people can ignore reality, referencing an article from The Guardian about Canada reducing migration and the resulting drop in housing prices.

“Canada slashed migration, and housing costs dropped; there may be lessons for Australia. No!” Mr Bond said.

“Who would’ve thought that cutting migration could ease the pressure on housing. And who thought that The Guardian would be here to pick up on it … I guess it’s only so long that you can ignore reality.”

Видео 'Lessons for Australia': Article reveals how migration cuts will lead to drop in housing prices канала Sky News Australia