Mass Immigration and the End of Homeownership in Australia: A Political Weapon of the Global Elite, By James Reed

Australia's housing crisis is not a mere consequence of market forces or demographic shifts; it is a deliberate outcome of policy decisions driven by global elites seeking to reshape society to their advantage. Over the past two financial years, net overseas migration has exceeded one million people, a figure unprecedented in Australian history. This massive influx is not a neutral demographic trend, it is a strategic manoeuvre to suppress homeownership among young Australians, concentrating wealth and power in the hands of a globalised elite.

Urban planning ideologies, particularly New Urbanism, have played a pivotal role in this transformation. New Urbanists advocate for the elimination of suburban sprawl and the promotion of high-density living near public transport hubs. They envision walkable 15-minute-cities with "vibrant" woke communities and low carbon footprints. However, this vision often overlooks the realities of human desire for privacy, space, and community, qualities historically associated with homeownership. As Robert Bruegmann illustrates in Sprawl: A Compact History, suburban expansion has long been a natural outcome of economic growth, providing millions with mobility, choice, and a decent quality of life. The New Urbanist agenda, however, seeks to dismantle this model in favour of a more controlled, rental-dependent society.

Developers, motivated by profit, are eager partners in this scheme. Governments have supported them with policies promoting "build-to-rent" developments, large-scale rental properties owned by institutional investors. These developments are often marketed as solutions to housing shortages, but they frequently fail to meet the needs of middle- and low-income Australians. While proponents argue that build-to-rent could deliver up to 150,000 new apartments over the next decade, experts question whether these units will be affordable and appropriately located to address the housing crisis effectively.

Mass immigration exacerbates the housing shortage. Rather than alleviating demand, the continuous influx of new residents drives up housing prices and rents, making homeownership increasingly unattainable for young Australians. Leith van Onselen, Chief Economist at the MB Fund and co-founder of Macrobusiness.com.au, has highlighted that Australia's housing shortage is directly linked to excessive immigration. He argues that the government's focus on increasing supply without addressing demand, particularly through immigration control, is a flawed approach that perpetuates the crisis.

The political elite's refusal to address immigration as a factor in the housing crisis is not due to ignorance, but rather a deliberate strategy. Immigration serves multiple purposes for the global elite: it fuels economic growth metrics, satisfies corporate labour demands, and supports the high-density urban agenda that benefits developers and institutional investors. Meanwhile, young Australians are left to navigate a rental market that offers little security or opportunity for wealth accumulation.

The social implications are profound. High-density living, combined with rapid demographic changes, threatens cultural cohesion and accelerates social fragmentation. The aspiration for homeownership has long been a cornerstone of the Australian dream, providing stability and a sense of belonging. By undermining this aspiration, the global elite are not merely reshaping the housing market, they are dismantling the social fabric that has historically bound Australian society together.

In conclusion, the recent surge in mass immigration is not a benign demographic phenomenon. It is a deliberate policy tool used by global elites to suppress homeownership, reduce the influence of the middle class, and enforce a new urban order predicated on rental dependency. If Australia's youth are to reclaim their future, they must recognise the political dimensions of immigration and housing policy and advocate for a society where homeownership is accessible and sustainable for all. Immigration finally needs to be finally dealt with.

https://quadrant.org.au/news-opinions/society/you-will-rent-and-you-will-be-happy/