The Stupidest Tale Of All!

Рет қаралды 5,281

19 күн бұрын

Once upon a time, in a land down under, there was a Government who promised to build 1.2 million homes, over five years, or 240,000 per year or 60,000 homes per quarter. And he huffed and he puffed, but despite everything, the best he could manage, at least in the year to March 2024 was 162,600, homes approved, around 77,000 fewer than the Albanese government’s target and the lowest level since March 2013.
Dwelling construction has collapsed to at least decade-lows at the same time as population growth has surged by a record 660,000.
The only way to solve Australia’s housing shortage is to reduce net overseas migration to historical levels of less than 120,000 per year. Net overseas migration must be lowered below the nation’s ability to build housing and infrastructure.
If we did that, we could move from Albo’s fairy tales, to something more realistic, despite the reality that new construction will continue to grind lower, while existing projects are taking ever longer to complete.
It is truly a fine mess, created by at least 20 years of bad policy, but Albo is chief fairy on top of the tree. Time for mass policy change. Otherwise, population demand will forever exceed supply. And many ordinary Australians will be left out in the cold.
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Пікірлер: 76

@briannewman6216 17 күн бұрын

As long as the Federal government continues to pump record numbers of migrants into the country housing costs will continue to increase. Clearly the Federal government does not care about the housing cost burdens on Australians, irrespective of whether they are home owners with mortgages or renters.

@peterelliott2914 17 күн бұрын

They like it like that. High house prices = more profit for the people who donate the most to political parties. Slash immigration and they'd just have to come up with another way.

@mandyspacek1087 17 күн бұрын

Look at the houses being built these days, shoddy as, half assed, full of flaws, corners cut, yeh migrant workers will solve the problem 😂😂

@georgepoulos5316 17 күн бұрын

Letter to the government… “Everything you do and say, gets me one step closer to the edge, and I’m about to BREAK” Linkin Park

@LilyWhiteAkAConspiracyRealist 17 күн бұрын

Well said Martin, we need a quick stop on our population growth or its a very poor quality of existence for all residents 🤦‍♀️

@Eric-kn4yn 17 күн бұрын

You mean like India.

@Robert-xs2mv 15 күн бұрын

We need a population target together with an infrastructure program to deal with this population. Currently we have neither, no idea and no plan!

@Keep_calm_and_slave_on 17 күн бұрын

Some thing is going to break

@chrisruss9861 17 күн бұрын

Only the most disempowered.

@Eric-kn4yn 17 күн бұрын

@@chrisruss9861and that cohort are getting bigge.r

@eromnaliuqyaj6288 17 күн бұрын

@@Eric-kn4yn Don't think Albo read his Russian history books

@calibre_au6183 16 күн бұрын

People will break well ahead of the market

@downtoearth1950 17 күн бұрын

My friend in South Australia just purchased (April 20324) a home in Nurioopta S.A. in order to aquire it she has had to bid 60,000 plus fees & taxes estimated at 30 above the expected 480-520 price. Its a fairly ordinary mid 60's home 3 bed one un renovated bath. Needing a bit of maintenance she has been looking for near 12 months and has been out negotiated on many homes, both city and country. She is relieved to have finally closed a deal by private treaty, but remains shocked at the amount she had to pay. The realestate Industry is a master at hiding the Actual sales prices of property❗The SA home market is boiling 😢

@itsonlyafl3shwound 17 күн бұрын

60's lol. Well once you tell her it's full of asbestos and it's going costs a small fortune to do any renovations she might think twice about her purchase!

@eromnaliuqyaj6288 17 күн бұрын

My neighbour sold his home off the market through a real estate agent. Next minute the real estate agent slipped a brochure in our letter box with a photo of this home and claiming he sold it for 1.4 million!

@Eric-kn4yn 17 күн бұрын

You wont have to travel to mumbai for an exotic experience.

@eromnaliuqyaj6288 17 күн бұрын

Agree - experience Mumbai from the convenience of your own home...

@lulufulu4867 17 күн бұрын

Unsustainable “growth” is what we are seeing. We would be better off declaring a national housing emergency. Economic refugees will soon be replaced by climate refugees. The touristfication of residential houses and units has contributed to the housing shortage. In order to be productive, people need a stable and affordable place to live, more than they need a weekend away. There is no other option, airbnb must be restricted to dedicated short term accommodation only e.g. resorts, hotels, cabins, camping etc. owners of the residential properties currently in the Airbnb pool will still get an income as landlords from long term, normal, rentals which is the use they were built for.

@grizzz6884 17 күн бұрын

a 1% transaction tax , with no tax deductions , tax advantage , or laws changed to help or hinder any single group of people . will fix it over night , as there will no tax advantage to owning property as an investment , so investment will move to businessmen making stuff people need not want

@jg5032 17 күн бұрын

Even if we build more dwellings, the government will just increase immigration. Building more houses no effect on their availability.

@swandive7290 17 күн бұрын

`Mass Migration is needed to stop a failing Business Model of the Economy from Breaking Down.

@donavonlarney 17 күн бұрын

true in some aspects .. another aspect is to shift the voter base.

@petersanders2815 17 күн бұрын

Best comment here, sussinctly put. Without mass immigration we go into recession because perpetual growth is the only game in town. Don’t suppose anyone in charge thinks we need to change the business model?

@Eric-kn4yn 17 күн бұрын

@@donavonlarney too minor parties.

@donavonlarney 17 күн бұрын

@@Eric-kn4yn & where do preference votes go?

@peterelliott2914 17 күн бұрын

Same with all western economies. The alternative is to just dig up more coal lol but that'd mean a geopolitical shift toward the east to re-open/expand that market. Not seeing that happen in a hurry even though money saved on not buying nuclear subs would be appreciated.

@redsed1565 17 күн бұрын

at 1.5 speed you sound awake Martin.

@Eric-kn4yn 17 күн бұрын

@@BikesDrones you dont salute the man you salute the Message.

@SallyIronic 17 күн бұрын

Excellent information with just the right amount of sarcastic humor Martin! LOL. Makes the pill easier to swallow.

@WalkTheWorldDFA 17 күн бұрын

Glad you enjoyed it

@Robert-xs2mv 15 күн бұрын

When the house price increases ten fold but the income barely half that, this can not be sustained.

@Eric-kn4yn 15 күн бұрын

It can if you put your ideas in the indiafication of australia they have heartbreaking poverty and àn advanced space programme.

@Robert-xs2mv 15 күн бұрын

@@Eric-kn4yn while Australia might have a space program, not sure how advanced it is. And while also have poverty, again not sure it is as heartbreaking as India.

@craigt5301 17 күн бұрын

Unfortunately the only thing that will put an end to this monster bubble and this outrageous situation a majority of Australians now find themselves in, is an all out crash, most likely to be caused by some major disaster / event occurring many 1000s of Kms north of Australia. Something that none of the analysts or experts saw coming, (Black Swan) and an event or events that is completely out of the control of the current / next government and any Central Bank to handle. And if it happens it will be a shocker. We are far too indebted. The whole world is drowning in debt. Anyway have a great day!

@grizzz6884 17 күн бұрын

the black flag is already set , just not north of us . martin will have a ring side seat , and i hope i am wrong . google a book with the name ..... and a cup of tea , it is to do with all the pretend wars we are haveing

@williamcrossan9333 17 күн бұрын

Trouble is, the only thing that will crash, is the stock market. Which is already at prices just 15% higher than 16.5 years ago.

@oneeleven9832 17 күн бұрын

When i read the title i thought that’s definitely something to do with Government 😂

@WalkTheWorldDFA 17 күн бұрын

Funny that!

@tdgs62 13 күн бұрын

These are the people who tell us there is no money then give it away to Zelensky and buy nuclear powered submarines because the Seppos tell us to.

@nickg1789 17 күн бұрын

....don't forget, Australia will need to import lots of migrant builders....That should solve the problem 😂😂

@Rustsamurai1 17 күн бұрын

😂❤

@williamcrossan9333 17 күн бұрын

Except this group is largely banned. Due to an agreement Albanese made with a union. And then of course, the red tape around converting electrical and plumbing license's, or recognizing other accreditation's is non-existent or slow. Unless those accreditation's involve IT, medical, aircraft maintenance, or pretty much every other category, in which case the government cant rubber stamp them quick enough.

@Robert-xs2mv 15 күн бұрын

This argument has been used since last century. Time we fund trade education over university education. Had we done that 30 years ago, this country would be full of qualified trades people instead of master degrees Uber drivers.

@richarddobosz6174 17 күн бұрын

Great presentation thank you

@JamesHawkeYouTube 17 күн бұрын

The blue marble in outer space at the start is the stupidest tale of all.

@williamcrossan9333 17 күн бұрын

The 162,600 homes is only a gross figure also. I would only expect a net number of 140,000 or so. With the only positive being that a large house wouldn't be getting demolished, to make way for a smaller house. At least in my neck of the woods anyway.

@X-157.98 8 күн бұрын

Cheers

@leannevitale3228 17 күн бұрын

Why would anyone want to migrate to Australia, honestly it is not a great country anymore, there are better places. If I was young I would be in one of them.

@williamcrossan9333 17 күн бұрын

I guess the main country of origin, has a land area of under 1/2 this country, and around 45 times the population size. Many, if they have the financial capacity, would seize the opportunity to migrate.

@Eric-kn4yn 15 күн бұрын

Million of 👽 are heading our way.

@hatac 17 күн бұрын

What we need is more cheaper houses with perhaps less bling, a little more storage space and in half the case no garden. Terraced houses, semidetached and apartments. And they need adequate street access and parking. The catch is that these have been zoned out of existence by nimby advocates. Co-housing would work in some cases as an alternative to supported living. We may also need to find a way to develop some rural and reginal communities by adding good internet access and focusing on some kind of recreational theme to attract a specific population of retirees, work from home business people and makers.

@herbertvonsauerkrautunterh2513 13 күн бұрын

I have the land, long road frontage. I can build at least three houses but in stopped by government. Red tape, zoning, bullshit building code, high costs of compliance and their bullshit approvals system. That's the problem. Also high taxes, higher interest rates and calls for government intervention but this that are essentially lazy people that will make all this worse. Worst case scenario, i sell everything, lock it my parents, pay some tax and pocket about $2mill and go to Malaysia or other again countries. They welcome investment.. Australia is all about jealousy, and taking from this that work.

@user-cr3fc8or6o 14 күн бұрын

How to keep the population working .make you poorer

@twolegswalking1092 17 күн бұрын

Do you have time to comment on the retirement village situation?

@GreatS0uthernLand 17 күн бұрын

Immigration is tied to Cestui Que Vie trusts. Each trust is worth a minimum of $1 million, which is available to the government for investment. The more people, the more investment. Problem is, the national debt is soaking up almost all earnings from the trusts, so development has slowed, and will eventually stop. The only way the gov can get access to the full amount of the trusts is to have a few deaths. does this explain COVID/jabs?

@Rafa-wc3fw 17 күн бұрын

All by design. Poverty keeps the population going to work everyday.

@eromnaliuqyaj6288 17 күн бұрын

Yup we are a new class of slave - a slave to the banks. Wokism intentionally keeps us looking to the past so that we forget to notice the sh*t show that is going on around us RIGHT NOW! All you have to do is look at Albo's and his ability to deflect on current issues.

@effortless-one 17 күн бұрын

Also take into account that all new builds went up 4-5% on the first of May to meet the new NCC22 codes

@eromnaliuqyaj6288 17 күн бұрын

Where do all these migrants work btw?

@iainw5081 17 күн бұрын

Doordash, Uber, etc.

@reside9891 16 күн бұрын

'Government'

@calibre_au6183 16 күн бұрын

Technology and productivity has improved substantially over the last 60 years. Manual labour is no longer required as much, therefore good question.

@dustingoldsworthy7303 17 күн бұрын

Cut migration to lowlevels = at this time we go into ressesion. Businesses fail and the economey stalls. Cut home prices people stop spends and sell their homes as it makes no sense get out while you can. Good luck trying to buy banks tighten up due to the loss on the balance sheets and we'll recession so who got a job any way. Not good. Just tax mining companies make education n healthcare free. Lower our taxes. Scrap negative gearing and cGT concessions for new builds going forward and you'll solve it over 20 years.