Most Renters Are About to Pay for the Govt's Biggest Housing Mistake | Property Experts

Book Your FREE Investment Assessment 👉: https://follio.com.au/contact-us/?utm... 📊 National Investment Report: https://441711975.hs-sites-ap1.com/fo... Australia just added 478,000 people in a single year while building only 175,000 new homes. The math doesn't work, and the result is the worst rental crisis in living memory. Leith Onselen joins the Follio Property Podcast to break down exactly why Labor's migration policy is crushing the Australian housing market, how the federal government's addiction to personal income tax revenue is driving the crisis, and the three policy changes that could turn it all around. In this episode, Leith Van Onselen delivers a comprehensive takedown of Australia's economic management. He argues that running migration "at just the most obscene rate into a supply restricted market" has crushed living standards and productivity, with per capita GDP going backwards in 10 of the last 15 quarters. The core problem is structural: 52% of federal revenue comes from personal income taxes, so Canberra has every incentive to pump population growth while the states carry the infrastructure bill. Onselen unpacks how the student visa system has become a backdoor migration channel, why parental visas cost taxpayers nearly $400,000 each, and how Australia's energy policy is accelerating deindustrialization at exactly the wrong time. For anyone invested in Australian property or simply trying to understand why rents keep climbing, this conversation connects the dots between immigration numbers, housing supply, and the political machinery that keeps the whole system running. In this episode, you’ll get to know: ✅ The real numbers behind Australia's housing shortage: 478,000 arrivals vs 175,000 new homes ✅ Why 10 of the last 15 quarters have seen negative per capita GDP growth despite overall economic growth ✅ How the federal government's 52% income tax dependency fuels the migration machine ✅ The student visa trade exposed: how it became a backdoor migration channel ✅ Why states bear the infrastructure cost while Canberra collects the revenue ✅ Onselen's three policy reforms: migration under 130,000, energy overhaul, and tax restructuring ✅ The $400,000 per visa cost of parental migration and why it should be abolished ✅ How Australia's energy policy is driving deindustrialization and eroding the manufacturing base Timestamps: 00:00 478,000 Migrants vs 175,000 Homes: Australia's Housing Crisis Equation 05:41 Why the Australian Housing Market Is Trapped by 52% Income Tax Dependency 12:30 Australia's Energy Policy Is Crashing Productivity and House Prices 20:05 Why Under 130,000 Arrivals Could Save the Australian Property Market 22:41 The Energy Overhaul That Could Reverse the Rental Crisis 24:14 Norway vs Australia: How Sovereign Wealth Could End the Housing Shortage 28:29 The Real Reason Rents Keep Rising: State vs Federal Cost-Shifting Explained Key Themes: Australian housing market crash 2026 | Labor migration policy Australia | Rental crisis Australia 2026 | Australian property market forecast | Australia immigration housing shortage | Per capita recession Australia | Student visa migration Australia | Australian economy 2026 | Property investment Australia | Housing affordability crisis Australia Follow Leith Van Onselen: YouTube: ‪@Leithvo‬ Business: https://www.macrobusiness.com.au/ About The Follio Property Podcast Each week, Reece Beddall and Lachlan Delahunty break down the biggest conversations shaping Australian property. From market cycles to debt, strategy, data, and real-world insights — we make property simple, honest, and practical. 📍 Visit Our Website: https://follio.com.au/ 📩 Contact Us: [email protected] 📲 Follow Us on Social: Instagram:   / folliopropertypod   TikTok:   / folliopropertypod   Spotify: https://open.spotify.com/show/4Akt4N5... Lachlan Delahunty:   / lachlandelahunty   Reece Beddall:   / reece-beddall-294557b3   Executive Producer: Jonathan Fernandes   / jonathan-fernandes-a75a991b2   Disclaimer: This is for entertainment purposes - not financial advice. Speak to a qualified professional before making any financial or property decisions Track: MoodMode - Upbeat Hip Hop Boom Bap Background Music Music provided by MoodMode #AustralianHousingMarket #RentalCrisis #AustralianProperty #MigrationCrisis #HousingShortage #AustralianEconomy #PropertyMarket #RealEstateAustralia #HousingAffordability #AustralianPolitics #LeithOnselen #FollioPropertyPodcast