Australia's house price crash is far worse than thought (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.



House prices are still massively overvalued according the some metrics, mass migration has only made things worse for the overall economy, and NET ZERO is accelerating the deindustrialisation of the country. The video ends with Leith pointing out that Australia is the biggest importer of diesel fuel in the world.  

Time Stamps:

0:00 Introduction
4:35 This week's housing data
23:00 Who's to blame for rising interest rates
35:20 5% deposit scheme disaster
42:48 Immigration rant
1:07:34 Australia's energy transition exposed [deindustrialisation]
1:27:50 Diesel shortages are the biggest recession risk

[Posted at the SpookyWeather2 blog, October 4, 2026.]