The Housing Pain Game (Leithvo)

This week's Macro & the Mortgage Podcast with Catherine Cashmore from Land Cycle Investor breaks down the ongoing downturn in home values, critiques the latest Intergenerational Report, and answers viewer questions.



A really excellent and very easy listen with Leith van Onselen and Catherine Cashmore. At the 12min mark Leith rips apart Government lies about immigration and the economy. Do you think our gov is actually being honest here? Please take some time to listen to the content and then reflect on it.

The idea that mass migration is needed to help the economy is a lie. Other countries with lower immigration rates, like Korea and Japan, are doing much better, including with the number of people participating in the labour market, despite an aging population. As industry has shut down, immigration has increased into Australia to paper over the reduction in productive activity. GDP levels look okay but per capita GDP is in recession. Australia has become poorer.

YOU can turn off the tap of this disaster by voting for nationalist parties at the next election.

Time Stamps:

0:00 Introduction
2:35 This week's housing data
12:36 Epic Intergenerational Report rant [mass migration madness]
41:45 The supply myth
43:48 Energy costs and inflation
49:45 Monetary policy is unfair
57:19 RBA's biggest issue
1:01:07 Albo the clown and censorship
1:06:00 Real estate agent hate
1:13:49 Are comparisons with NZ realistic?
1:16:20 Catherine's debate with an economist
1:18:40 Australians are overtaxed
1:21:25 Outro and various random topics

[Posted at the SpookyWeather2 blog, September 27, 2026.]