#nostriches and #austriches

Started my day thinking I could focus on writing about business and investing…but fuck it.

Only 14% of homes nationwide are affordable for the median-earning household. In NSW, it’s 10%.

And that’s total homes—not just houses—including regional areas.

Meanwhile, the government is flooding the country with record immigration, using dodgy student visa loopholes and commoditising what was once a respectable education system. But hey, we need more yoga instructors to address our so-called "skills shortages," right?

You can’t rent because there’s nothing left.

Builders and developers are going bust because there’s no profit in building. So don’t peddle the tired supply-side argument—it’s dead on arrival.

And what’s the government’s long term solution? More taxes.

* Taxes on properties

* Taxes on superannuation

* Taxes on unrealised capital gains

They’ll claim these taxes only target the wealthy. But by artificially inflating property values, they’ll drag ordinary Australians into the firing line while continuing to milk the housing crisis for all it’s worth.

This isn’t governance. It’s a scam.

The system is rigged against you:

* Housing you can’t afford.

* Rent you can’t secure.

* Immigration policies that crush wages and infrastructure.

* Taxes that punish you for simply existing.

This is Australia now—a country that exploits its citizens while rewarding the bureautards.