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“Misinformation, Migration, and the Housing Mirage” · The Slippery Slope

• 0:10
  OK, so welcome to the Slippery Slope podcast, and I'm Jay
• 0:14
  Fallon, obviously. So today want to have a look at
• 0:19
  what what I think is one of the biggest misinformation campaigns
• 0:23
  coming out of Canberra. Canberra, if you don't know, if
• 0:26
  you're not from Australia, that's the capital of Australia.
• 0:28
  That's where our you know, it's like the Washington of America,
• 0:33
  it's the capital. It's not necessarily that's not
• 0:36
  the biggest city, it's just rare politicians govern from.
• 0:40
  So I want to look at this misinformation campaign coming
• 0:43
  out of Canberra, the this fantasy that the federal
• 0:46
  government is helping in quotation marks, helping young
• 0:52
  Australians into their first home while simultaneously
• 0:56
  creating the very conditions that make home ownership
• 1:01
  impossible. Because So what we're seeing
• 1:05
  coming out of Canberra isn't, it's not just bad policy and
• 1:09
  it's not even, it's not even incompetence, it's deliberate
• 1:15
  misdirection. And I believe it's the
• 1:18
  deliberate destruction of the Australian economy because
• 1:23
  obviously I've spoken several times about the the great
• 1:26
  resets, my thoughts on the great resets.
• 1:29
  But if you want to have this reset of the global financial
• 1:34
  system, you have to destroy the one that's currently operating.
• 1:38
  So that's what I think, that's what I believe is currently at
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  play here. This is what I think is is
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  happening and I think the Australian government is a part
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  of it. This is what they're doing.
• 1:48
  So we've got this, this first home buyer mirage.
• 1:52
  So I did a live a live episode today on, on YouTube and the
• 1:58
  last story, the last, the last part of the episode that I that
• 2:02
  I spoke on was to do with this article, an article coming out
• 2:05
  of the career male. The career male where what we
• 2:10
  learned was that one in five recipients of the government's
• 2:16
  first home buyer scheme, the 5% deposit guarantee.
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  So one in five of those recipients are not Australian
• 2:26
  citizens. That equates to 51,000 permanent
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  residents accessing a programme sold to the public as a lifeline
• 2:38
  for young Australians trying to get into the market.
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  So that came out today in the career mail.
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  So now the housing the housing minister rushed out to defend
• 2:49
  it. She said permanent residents
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  aren't aren't the problem in quotation marks.
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  And she accused critics of racing one nation as a one
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  nation, the political party. So she's accused critics of
• 3:03
  racing one nation to the bottom. What she, what she's, what she's
• 3:10
  saying there, what she's trying to trying to accuse people of is
• 3:14
  racism. She's trying to, she's trying to
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  say, well, if this is how you think, if you agree with One
• 3:21
  Nation and this is, this is the kind of rhetoric that you
• 3:23
  believe, you're obviously racist.
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  You can't just be looking at the facts and stating facts.
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  You must be racist. They always deflect people
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  without an actual argument. People who can't defend
• 3:37
  themselves with facts always, always go to some other
• 3:42
  accusation. Well, then you must be racist.
• 3:44
  Well, then the problem is you, you're the one that's done that
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  you're, it's your, you know, put in whatever phobia they accuse
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  you of. This is you're the problem.
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  You're you know, you've got this racist attitude.
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  That's what's that's what the she's accusing us of.
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  But the real issue, this government keeps telling
• 4:03
  Australians, telling us, me and you, they're helping you buy a
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  home while quietly expanding the pool of people competing for the
• 4:13
  same limited supply. Go figure.
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  But yet if you, if you notice this, if you say this, if you
• 4:21
  say anything about it, well, racist.
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  So they want the headline, you know, we're helping first home
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  buyers, but they don't want the truth.
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  The truth is we're helping more people chase fewer houses.
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  The headlines they want is that we're helping first home buyers.
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  The truth is we're helping more people chase fewer houses.
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  We've seen these broken promises of new housing over the last
• 4:48
  couple of years. Remember the promise?
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  A couple of years ago they said 1.2 million new homes, a
• 4:54
  historic housing accord, a once in a generation building boom.
• 5:02
  This is what they promised us, the Albanese government.
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  Except we already know they're falling catastrophically short.
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  Not a little short, not you know, we'll catch up next year.
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  Kind of short, mathematically impossible short.
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  That's that's where we're going with this.
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  So, and if you ask yourself why, well if you ask why, because
• 5:29
  Australians, Australia doesn't have the workers, we don't have
• 5:34
  the materials, we don't have the land release, we got the land,
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  we don't have the land release, which is a government issue
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  again. And we don't have the
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  construction capacity. And the government knows this.
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  They know it all too well. They've been told repeatedly by
• 5:53
  industry, by economists, by their own advisory bodies.
• 5:58
  But instead of instead of admitting the truth, they keep
• 6:03
  repeating the same line. We're on track, everything is
• 6:07
  fine. The plan is working, but it's
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  not working. It was never going to work and
• 6:14
  they knew it. And so the issue we have now is
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  the migration math. They they don't want you.
• 6:23
  They don't want you and I to do the migration math.
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  And this is where the misinformation becomes
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  undeniable. Australia already has a housing
• 6:35
  shortfall. You cannot deny that.
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  We all know this. We have a housing shortfall.
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  We cannot build fast enough to catch up with the shortfall.
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  And yet the federal government continues to bring in record
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  numbers of migrants while insisting migration has nothing
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  to do with housing. Nothing to do with housing
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  really. That's what they're saying is if
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  if you have a shortage of homes, a shrinking construction
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  workforce, a government missing its own building targets, and
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  then you add hundreds of thousands of new arrivals every
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  year, what do you think happens? This isn't ideology.
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  This isn't racism, this isn't political spin.
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  This is just basic math. You have more people plus fewer
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  houses equals higher prices, higher rents and fewer
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  opportunities for young Australians, the very ones who
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  they keep telling us they're helping get into the housing
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  market. But instead of acknowledging the
• 7:48
  obvious, the blatant obvious, the government tells you and I
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  no, migration is not the issue. Trust us, Trust us.
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  The same people who promised 1.2 million homes they can't build.
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  The same people who say the market is fine while first home
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  buyers face negative equity risks.
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  The same people who say they're helping Australians while
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  expanding the scheme to non citizens.
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  They say it's all right, just trust us.
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  And then you've got the real problem is you've got this
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  narrative that they want, they want to sell us, they want to
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  tell us. But then you've got reality.
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  Narrative over reality. This is the pattern.
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  When the numbers don't add up, they change the narrative.
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  The government changes the narrative.
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  And when the public gets frustrated, they blame
• 8:51
  misinformation. We change the narrative one
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  point, then they blame misinformation.
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  When the housing crisis worsens, they insist it's unexpected.
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  When migration surges, they say it's not related, it's got
• 9:07
  nothing to do with it. So what?
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  They just go and just live somewhere?
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  Just go into the ether? It's got nothing to do with
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  housing short shortfalls. It's not leadership, it's not
• 9:20
  transparency, It's storytelling or lying.
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  And the story is always the same from the Australian government.
• 9:30
  Everything is fine. Don't look too closely.
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  But Australians, we are looking closely.
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  We're living the consequences. We're watching our kids give up
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  on home ownership, We're watching rents explode.
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  I I talk to people, friends, acquaintances all the time about
• 9:58
  the housing market and I'm seeing these people talk with
• 10:03
  great concern because of the cost of renting a home.
• 10:08
  It's just unbelievable. We're watching these rents
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  explode. We're watching governments
• 10:13
  promise the impossible and then pretend they delivered it.
• 10:20
  It's just straight up storytelling or lying.
• 10:25
  The truth is simple. You cannot solve the housing
• 10:29
  crisis by importing more demand. That will never happen.
• 10:35
  You cannot build your way out of a shortage when you don't have
• 10:40
  the workforce. And you cannot keep telling
• 10:43
  Australians you and I. You cannot keep telling us
• 10:49
  everything is fine when every indicator says the opposite.
• 10:55
  This isn't it's, this isn't about left or right, Liberal,
• 10:59
  Labour, 1 nation, what anything like that.
• 11:02
  It's about honesty, asking the government what is truth.
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  I always think of Pilot standing before Jesus saying what is
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  truth? It's about honesty.
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  It's about leadership and it's about a government that refuses
• 11:26
  to confront the reality it's created.
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  And I believe it's it refuses to confront the reality it created
• 11:35
  because it wants to destroy our economy.
• 11:41
  It wants the Great Reset. Like I, like I said at the
• 11:46
  start, the only way to have the Great Reset to own nothing and
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  you'd be happy is if you destroy the current, the current
• 11:59
  economic structure, it has to be destroyed and then you'll have
• 12:04
  the Great Reset. But we've got a government that
• 12:08
  refuses to confront the reality that it created and refuses to
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  to tell us the truth. As always, this is just my
• 12:21
  opinion. I'm Jay Fallon and thanks for
• 12:26
  listening to the Slippery Slope podcast.
• 12:29
  If you can, please go and check out my music, give it a stream
• 12:32
  on Apple, Spotify, all that lovely stuff.
• 12:36
  Like I said, I'm Jay Fallon. Thank you for listening to the
• 12:39
  Slippery Slope podcast. They just feel.