International students not responsible for Australia's housing crisis

A new study suggests that international students are not responsible for the housing crisis in Australia. This finding contradicts claims from some politicians who argue that the presence of foreign students drives up rental prices. The study, conducted by the University of South Australia, reveals that international students make up a small portion of the rental market. It states that there is no strong link between the number of international students and rising housing costs. Lead researcher Michael Mu explained that their research showed random patterns without clear correlations. The report found that when international student numbers increased, rents actually decreased slightly. Mu emphasized that complex economic factors, rather than international students, are the main causes of the housing crisis. Additional research from the Student Accommodation Council supports these findings. It shows that international students represent only six percent of renters and face challenges in finding housing. Many do not have a rental history or stable income in Australia. Government attempts to limit the number of international students have reduced arrivals, with numbers down by 2.5% from last year. Despite this, the government’s plan to set a cap on student enrollments was abandoned after facing opposition. The Opposition is proposing its own caps on international students. However, experts warn that this could harm Australia’s economy, as international students contribute significantly through tuition fees and spending. The international education sector is a key export for Australia, valued at $48 billion. The Student Accommodation Council argues against placing limits on international students. They advocate for more student housing options instead, recognizing the essential role that these students play in the economy.