Oddbean new post about login | logout The #AUStriches #HousingPonzi has seen fertility rates drop to their lowest on record, down 25% since 2008. Who could have guessed that making it impossible for young people to own a home would impact population growth?! It’s almost as if turning houses into money for negatively geared Boomers to become paper fiat rich has negative externalities.. https://archive.is/ejx30 https://i.nostr.build/QKqMjIk1UXDYp65J.jpg nostr:note1wclcnpmsa49k0yp9462l6mywg5ah3nqf2cp9he6fv265mvnn0lcsrsywpe
Don’t worry though, there are families living off of welfare helping to balance out the birth rate.. Extra child support for each kid plus get them assessed for autism to get NDIS.. I know of one such family that is up to 6 kids now..
A year ago the stat was 11% of boys aged <5 are on NDIS which is just a ridiculous figure. If you’re a politician and you hear that 1-in-10 boys are on disability and you dont drop everything to get to the bottom of that immediately (they haven’t, there has been nothing mentioned since), what fucking good are you to the country? Australia is playing out the opening scene of Idiocracy.
the experimental jabs also have a lot to do with fertility rates. But I also agree with your premise, people have been completely priced out of living, let alone raising a family. God help those who haven't discovered BTC (>97%)
Yep but we will never hear anything about that. Greg Hunt the little fukn worm has disappeared into the aether, he was supposed to oversee the TGA who themselves did ZERO research and relied entirely on the manufacturers and the claims of the US CDC & FDA. Absolutely no-one wants anyone looking into anything that happened during Covid because they know thousands of people would be hanging from lamp posts for what they did for a quick buck and some power if it was all uncovered.
Govt won’t need to ban social media for under 16 year olds when there’s none left.
The article mentions cuts to education budgets in the 2030s because student numbers will decline.. We’ve got 3 people per square kilometre (top 10 lowest density on earth) and an unrivalled housing shortage. These people couldn’t organise a root in a brothel but leftists insist the solution is to tax people more and give the parasites more power so they can finally fix it..
They HAVE organised a root in a brothel, and its us getting rooted. All four Establishment parties are all-in on the housing ponzi.
I guarantee you, that everyone will say the solution is to subsidize mortgages, driving up the price of housing, further. No suggested program will ever lower the price of housing. The people in the houses, now, only have them because the government kept rates artificially low, for decades. Biggest welfare program the world has ever seen. They live in houses that they didn't really pay for and receive pensions that they didn't really finance, and now they get to sell those houses at grossly-inflated prices to the next generation, that also slaves away to finance their pensions. Buy Bitcoin.
That is the essence of fiat debt slavery. The opposition’s plan is to let #AUStriches raid their superannuation funds to buy houses. The current Labor Gov have as far as I can tell got zero plans at all to deal with the problem at a Federal level where they just pretend it doesn’t exist, whilst the State Govs have been handing out larger and larger first home buyer grants. Both are pumping immigration to keep up insane demand. Both are happy with Chinese and Indian buyers laundering money through RE. Neither will let the Ponzi collapse because that would mean a generation out of power. Our whole politics is basically kicking that can and hoping it doesn’t blow up on your watch because the Boomer’s will lose their minds if it did.
