Pyramid Scheme
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- Опубликовано: 9 авг 2023
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mr albo should give me 7billion so can build a tidal power plant in the Walcott inlet
Just had ChatGPT-4 write this politely nasty comment for me to begin pasting onto Greens social media posts:
"It's genuinely amusing to consider the perspective of those who believe that freezing rent at its current sky-high rates is a genius move. It's akin to celebrating a leaking bucket because it's not gushing out water. Meanwhile, there's an innovative proposal on the table: a 'Future (affordable) Housing Fund' bolstered by investments with consistent growth rates of 10-15%. But then again, why invest in a promising long-term solution when we can gloriously bask in the short-sightedness of a temporary freeze? Cheers to the visionary Greens, huh!"
Wow, this video was the most comprehensive break down of the Mechanicus. I like when the paint wet.
I feel like Michael west covered the actual issue with the fund, giving the company that manages the fund 2% per year to manage it and because it's government money it has to be in a lower risk fund. If they just chucked it in a Vanguard fund it would cost them a couple of 100 mil less per year to run with the same levels of returns
Bought my Rocky tickets last night, can't wait!
I used to be a staunch greens supporter… until I volunteered for them. They were disorganised, unserious and lacked a realistic vision. In my role I had access to the member database, which had the private contact details and addresses of every member nationally, the worst part is that when I resigned they failed to remove my access for almost 3 years. It took me finding the personal contact details of senior greens MPs and threatening to contact them regarding this chasm in their security for them to lock me out. If the greens care that little about protecting your sensitive private information, how much do they really care about leading?
Geez, if it took literally threatening a senior greens member that you would take the fact they were so lazy with information security public after three years of having unfettered access to their national member registers information.
I would honestly hate to see how they would handle more sensitive data.
They are so damn lucky you weren't a nefarious person at heart. Cause if you were, you could have sold that info for quite a bit or even gave it to a rival political party to do the most specifically targeted campaign in all political history.
And it's not like it was three year old data, you said your access to their national membership register was simply never revoked in those three years, meaning that you had access to data that was most recently up to date by the end to those three years.
That's insane.
@@soulsurvivor8293correct, this access wasn’t to some Excel doc with the latest info when volunteering, it was to their web portal. I honestly should’ve referred it to a government body as it was surely a gross breach of their legal requirements.
I also volunteered for them and it was sooo disorganised and they appeared to trust anyone to take on responsibilities that they gave very little guidance for.
@@soulsurvivor8293 All I got from that is that I should volunteer for the greens and get data of all the members and sell the private information of the most well known and popular greens for thousands of dollars to further fund my crippling gaming addiction that I seriously need help with.
I’ll keep that little tip in mind
“You’re supposed to be installing gas stoves, not gaSLIGHTING”
I didn’t expect that and I’m just straight up cracking up, gotta love Jordie
Absolutely brilliant line. Loved that too. Ha!
Dan Andrews: you're not supposed to be installing gas stoves.
Says all we need to know about your intelligence. Try a second neuron.
@@andrewwesterman7827try crawling back to Reddit circlejerking with the three other delusional green dick riders
THE SUPER AI EMERGES FROM AN EXTREMELY PORNOGRAPHIC ULTRA-HYPER SUCK AND FUCK@@andrewwesterman7827 you look dumber for judging someone's intelligence
37:50 For context: I'm an Austrian who went to an economics school and lives in Vienna. The Greens using Vienna as an example shows how uninformed they really are on this topic.
The reason is the following: Vienna doesn't actually have price control, but an extremely complicated system in a very unique circumstance. Social housing in Vienna is very, very different from other countries and even parts of Austria. To demonstrate how ridiculously complicated it is: The city of Vienna itself openly states that it uses terms that do not actually apply to their respective legal definitions to simplify the explanation of the system. Not every social housing unit is owned by the state, they can only be rented and bought under very specific conditions, some are even part of a stock company, and in some instances, the person who moves out of such a housing unit can appoint, APPOINT, the person moving in after them. The only thing that's clear is, for whatever fucked-up reason, this system works. Vienna also has one of, if not the most effective public transportation systems, over half of the entire city (51%) is green-space, more than any other city in the world, it's the global diplomacy-hub because Austria is constituationally obligated to be neutral in terms of warfare (for comparison, Switzerland can choose to not be neutral anymore, Austria cannot), it has the highest quality of life of any city in the world, it is part of one of the richest countries in the world with one of the best healthcare systems, and some other things, all of which play into each other. It works because the rest works as well. And as Jordan rightly pointed out, it took not decades, but over a century and extremely specific conditions and circumstances to get to that place. And admittedly, most of it was dumb luck.
On top of that, Austria can grow its economy during periods of austerity, which no other country can/was able to do (this is a hot topic right now in economics because until this point it was only theoretical to my knowledge). So even when they don't continue to invest in their economy, they continue the growth (there are other factors that are more indicative of the impact of austerity here, it just so happens that it doesn't impact the GDP for some reason).
But what's gonna be interesting, and why I'm writing this comment mostly, is we are instituting a price-cap on rent (which doesn't actually affect VIenna tbf). And while I'm also not in favor of that on a national level here, I cannot give you a reason based on empiric data that it will backfire. Because, again, it's not comparable with other countries. Vienna (Austria in general) is a very unique case, from the economy to its history to even the location of the country itself. I could write a paper on why Austria's situation is not comparable with that of other countries.
But I feel the need to point out that we aren't a utopia, far from it. There is a reason we had 11 different governments between 2016-2021 (that includes our funny 1-day interim governments, so it's more like 5-6. which is still 5-6 too many).
Wanna explain why y'all do a parliamentary scandal so often then? My wife is Austrian. I'm moving there eventually. Somehow YOUR politics are more messy than what I'm used to...and I'm American.
@sleepysartorialist well. "Seems" is such an unspecific reason. He's explaining in paragraphs about economy and you want an answer for something you havent even mentioned. Only because something "seems" to be a way, it doesn't mean it is like you feel.
I'm from germany this person above us gave a good explanation.
Maybe it's easier for me since I also study economics and am from germany. Austrias direct neighbor.
What I can tell you is that american politics is more action packed.
Here in germany and I would think austria too, we are a little more laid back. Not the protesters, but the politicians try to be calm and "well mannered "which is total bs btw.
Why doesn't this have more likes?
Gov's across the world are filled with "wanna-be's" as opposed to qualified professionals like you. Poor knowledge = poor insight = poor decisions , but don't worry, those making the decisions will still get paid and not held accountable for their "decisions"... Gov needs more experts and not lawyers and political jokes...
@@sleepysartorialistwow Jordan was right there will be people commenting/replying answering questions already answered in the debunk. The Austrian dude literally explained there was extreme political turmoil in Austria at the end of his thought. Just in case you still haven’t read it after 4 months. I know my fellow Americans, we’re really good at reading what we want to see instead of what’s actually there for a few sentences and assuming the rest
Even the mobster that tried to burn down Jordan house did less damage to housing affordability then Max has done.
*than
I wish I could give you more than just one Upvote (I mean Thumbs Up - we’re civilised here), this comment is gold mate.
@@DeanBanton90 upvoted 😂
@@DeanBanton90I pray that you roll your ankle.
Jordan, your audio, it’s acceptable. Don’t let this achieve make you forget where you’ve come from, and that you still need to improve upon your many ‘mediocre’ accents.
I also absolutely LIVE for Austrlian MPs finding ways to sneakily use the word "cunt" without being caught, like when Albanese "accidentally" stuttered saying "cunt, I mean wealthy country"
Look up the NZ Green Party for using the C word, especially during news interviews live to air.
he forgot to mention the adani deal as always. labour not only approved but subsidised the clearing of thousands of hectares of bushland( native animals habitat), but also fracking and sending majority of gas over seas for overseas investors profits. labour or anastacias labour government payed for and signed this deal. he totally ignores this so he is a hypocritical fkn flog exactly albenese see this pos shit say anything bad about him. he only promotes labour.
“A cunt-tinuous source of inspiration” - SP
It's just part of how we talk these days lmao
wealthy cunt-trees, yes
I live 5km from the Melbourne CBD, and just two years ago, the Greens and Australian Socialist stacked council rejected plans for a new apartment building. It was going to have 40 new homes with an additional 10 that were ear marked to be affordable. The reason it was rejected? The building was going to be too high. Ignore the fact that the buildings on all three sides around it were larger, and the building that was there prior was larger. I guess having an empty fenced-off patch of grass and rubble there for 2 years is much better than 50 homes.
Greens seem to be more NIMBY as the days go on. I feel like they have fell off a lot since Bob Brown days
@@alank1220 I was touring Parliament House when Bob Brown stepped down, and we were standing next to security guards who were watching the press conference, and their commentary on the Greens was hilarious. They had nothing good to say about them as people.
The Greens voted for that development to go ahead. The Socialists and Independents who hold the majority voted it down. God you people are clowns.
Why should developers get to set standards for development? Do you even brain?
I’m in Maxine’s electorate and same thing here. Prick.
Thought an hour long video was lengthy, but dismantling an entire political party in that time is impressive
And all without losing his voice!
Yeah, it's crazy how a whole political party is nothing more than "notionally left wing ladder-pullers", but they're so deceptive about that that an hour long video is surprisingly time-efficient.
For real
@@ProfDCoyleft wing ideology tend to attract disenfranchised people, because they usually try to buck the status quo. But the reason why a lot of them are disenfranchised in the first place is because they are genetically inferior and generally pretty useless.
I tried to explain medical invoicing to a contract truck driver today, genuinely trying to help him out. He got really mad at me because he couldnt reconcile the idea that medical billing and contract truck billing are not exactly the same thing.
He gets to vote, too. 😮💨
@@morgannull4685bro your evil is showing
Don’t worry I’ve tried to explain activity based funding (how all acute hospital care is funded in Australia) to doctors and other medical staff and they don’t even get it 😂
thats because you don't know what the fuck you are talking about. someone who has never contracted telling contractors how contracting works. go back to serving people at a till while you tell people how the world works you dumb ass bahahaah
@@Loctorak insinuating that the state should determine who gets to vote is foolish
"greens...why bother reading when you know you're right anyway!" - I burst out laughing at that one 🤣
I used to be homeless and I had friends and acquaintances who would extoll the virtues of the greens and treat me as if I was too stupid to vote in my own interests for not voting for them. I had never done a deep dive on their policies, but their smugness combined with talking about important social issues while only depicting hipster wankers in their advertising - it really turned me away from them. The HAFF Bill is the most important move to reduce Australia's despicable homelessness crisis of this century so far. It's disgusting that they're opposed to it. This isn't constructive criticism. They're not trying to add to it. They're trying to prevents tens of thousands of people from getting off the streets. Must be nice to be Adam Bandt and Max Chandler-Mather... You get to pat yourself on the back for bettering society while actively making everything worse from the comfort of their nice heated homes.
Greens are the party of the upper middle class and their kids, people without financial troubles. Their policies hurt poor people the most, even worse than Liberal
They want more, that's why they shot it down bro. They want more, Labor is playing the checkbook game. JUST GIVE US MORE.
@@hilliard665 Okay then, if you want so much more, go stage a communist revolution then. I don't see you lot amassing a red army?
@hilliard665 no, they don't want more, they want a rent freeze. One so extreme that it actually make shit worse.
The HAFF will get some people off the streets, the current and projected housing market will replace them many times over. Overall it's impact is practically zero for the housing market, so it is not an effective policy. This is a fake fight over a policy designed to make it look like the govt is doing something about housing when it has not intention of tackling the issue at all.
It makes me so happy that David Pocock is in parliament and is an actual legend.
For real, for a first termer he's very mature and there with good intentions. He is happy to negotiate in not a big dramatic way.
His traps are as wide as his compassion, and his biceps are as big as his heart.
I think Labour needs to learn from the Greens' populist rhetoric. If a politically ineffective party can flip Liberal electorates straight to Greens, then Labour could do to learn a thing about campaigning to young voters.
My position has always been that Labour is the most politically effective party and just need to be pushed to realise that they dont get in because of the moderates, they got in because of young people aging into the voting demographic who really want change. The Greens behaviour on housing as made me realise they arent achiveing that, but their electability means that Labour is doing something wrong. The kinds of people who vote Greens would vote Labour if the messaging was right.
Well said. As a progressive voter, I couldn't agree more with you.
On many issues that Labor champions like on housing and industrial reform, Greens voters see eye to eye. The Greens owe their current political momentum by in-large because of their ability to capitalise on populism and target their messaging to young people on apps like TikTok, Insta & even dating apps.
That said - Greens voters demand more out of climate policy and adjacent issues e.g. raising taxes on fossil fuel companies and preventing new mines / LNG plants from opening. The Teals & Greens overlap on climate policy and I speculate that for Labor to halt a 'Teal wave' or the 'Greenslide' occuring in the future, they'll have to go much further on environmental issues.
Adopting independent MP David Pocock's recent private members 'Duty of Care' bill would be amazing PR for Labor to push. As I'm sure you know, Pocock's bill would require governments to consider the impacts that new fossil fuel projects has on the environment and climate change. Passing it whilst the development of the Beetaloo basin project is underway would show that Labor cares about the environment and wants to go above & beyond the Paris Accords; that Labor cares about future generations; and their willingness to negogiate with reasonable propositions put forward by non-Labor MPs.
I don't see why the party couldn't capitalise on these types of moments to secure the young progressive vote and climate-concerned independents simultaneously at the next federal election.
It's an easy win for Labor.
I tend to agree, especially when looking back at the Gillard years. Julia may not have been perfect, but I think her setback was not so much to do with the substance of her policies but rather her inability to communicate it to the general public.
Ill never forget the time my freind was gonna vote for Max. Then he met Max right before going in to vote and was so repulsed by the whiny and pathetic nature of the man that he changed his vote to Labor right there and then. The best argument to getting people against the Greens is simply the Greens themselves.
Yeah! You'd never vote for your representatives if you knew them personally
imagine being proud of basing your voting on your impression of a person and not on policy. your friend is a fucken gronk
Voted labour is a vote for green lol in aus
@@gavinghaddab1969 and voting Labor is a vote for communism, right?
Dumbest argument I've ever heard. Vote for your interests, not another person's personality.
That closing monologue was the best piece of spoken word I've seen in ages.
This comment is the best advertisement for staying until the end I’ve seen in ages
Made me fast forward 😂
@@mostlyaverage1108real
This sounds weird, but it reminded me of the closing part of John Early's latest comedy special. (which is great btw)
Ha ha , 100%. I deadset laughed my head off at that.
"Business party (Liberal)
Workers party(Labour)
Not working party(Greens)."
This is so good lol.
I'd say that corporate party is a fitting term for liberals saying just Business is a disservice to all the small local mum and dad shops
@@clee40 Yeah, personally that is what I call them. I just appreciated the delivery of the joke.
The greens would unironically support the AUWU
More accurately nowadays
Rich cunts, businesses and boomers (Libs)
Blue Collar Workers, Tradies, Immigrants (Labor)
Hipsters, Young (students, unemployed), White Collar workers, Arts (Greens)
@@afez2752 haha yeah its a missed opportunity but looking at it another way he is saying that the greens are worse than the lnp lol
The biggest cost in building (in Australia) is the land. Governments are often able to buy land for under market value (unless they’re LNP, paying several times the value, of course), plus there are serious savings in bulk buying building materials. It’s very disingenuous for anyone to compare private single dwelling construction costs to public housing building costs.
Several? lies, absolute lies. They need to pay at least 10x the land value. I'm absolutely shaking at the word only several times been used. SMH
LNP buying land for more than market value? Source?
@@discipleofdagon8195the Sydney airport land deal they bought off some LNP donors for $30M that was worth $3M
@@discipleofdagon8195they bought land in Western Sydney for 30 million despite only being worth 3 million
Even at half price, the math isn't working out. And let's be honest, govt construction jobs always go over budget and time anyways, those savings on land will vanish pretty quickly
I assure you this is not one of those shady pyramid schemes. Our model is the trapezoid!
If only we'd do something about it, I wish we were a cohesive population. As a society I feel we have become lazy, whether it's from a feeling of defeat or whatever, we as a population allow too much on the presumption that we don't actually have any power to do anything about it.
I love it when the funny Australian man makes jokes exclusively to be understood by Australians and my dumbass American self watches it anyway cause I think Australian politics are funny, even though I don't get any of the references.
Hard to tell if this is meant as insulting or not but given your history of political buffoons I guess not.
dude saaame!
Funny I love watching John Oliver for the same reason.
I vibe with this, but don't be so hard on yourself. At least we're attempting to learn about other cultures and politics other than our own.
@@khaine11223344 watch Some More News. They actually use data to make their arguments.
Rent control is good if you do it in the only way that makes sense, by hypertaxing unused buildings so that the owning class is forced to either rent at the price the government says, or sell en masse, making the market price plummet. And expropriate properties above a certain number
Was frustrated not to see this mentioned. As Jordie pointed out, houses don't disappear when they're taken off the rental market - so what are they used for? Either they're empty, and can be punitively taxed; they're on AirBnB and can be punitively taxed or banned through zoning; or they're sold, presumably to owner occupiers, some of whom may previously have been renters.
Jordie is right about the economic limits of blunt rent caps, but they could certainly work as part of broader set of policy objectives. Shrinking rental pools is potentially not a bad thing if matched by comparative increases in owner occupation - though admittedly that's potentially the cause of SF gentrification briefly mentioned, and is harder to mitigate
@@mattlodder extra context point: in Austria, there's a bunch of public housing since the early 20th century, but private housing is almost entirely in the hands of multinational oligopolies. Therefore, a lot of people got involved in protests to regulate it, break the oligopoly, apply rent control etc. Meanwhile, in Italy, rents are a much higher percentage of income, but most landlords are second or third house owners because Italy in the past had policies to ensure many people could buy their house. Therefore, it's hard to have any political momentum in favour of renter's, because there's a MASSIVE horde of barely-bourgeois people who live a middle class lifestyle but have interest alignments akin to the ruling class...
One one of your last points. I work at a decent corporate job making pretty good money, at least in the last couple of years. We don't have a lot of extra money, but we're comfortable enough as a family with 2 kids. But after looking at my budget even I pay about 31% of my income on housing because house prices are fucking insane in recent years, so I fall in the 600k figure.
I don't want the government to focus on subsidising me instead of focussing on the people who are actually in need.
Assuming a dual income household only 31% is quite low. Luxurious even. Even back in the 80's on a good income it was more like %45.
“I spent my Tuesday making BANANA BREEAAD!” Lmfao
YEEEEES! AND PALEO PEAR!
I'm all for judging people by how they look, and yeah that guy absolutely looks like the kind of wanker hipster who would unironically do that.
17:49 "You're supposed to be installing gas stoves, not gaslighting."
That has to be one of the funniest joke deliveries ever.
Yeah good one, great way to combat climate change coming from an environmentalist…
bahahahaha exactly!!!! what dumb cunts, just listen to the funny guy without actually listening to what it means.@@artless303
Wow, the greens really ARE the same in other countries like here in Germany.
Vienna is an awful example for rent control lol. We are talking about a city that had a state owned company organizing public housing for 70 years. The only thing that is actually rent controlled is a small portion of so called "Altbauwohnungen" Where we are talking about buildings older than 30 years. This is mostly done so that pricing stays competitive because otherwise the inner city would kind of be abandoned in many ways.
So saying "We want what those guys are having" without putting in any of the work or planning is ridiculous.
- "We want what those guys are having" without putting in any of the work or planning
That's literally the Greens MO, m80
Holy shit. I didn't realise this was an hour long. Well done for keeping me engaged for that long.
so the greens wanted to stop a bill by labor to reduce the cost of housing?
I feel like that says more about you than it does him... a whole hour of this would have been too exhausting i think
@@S3b5Tube I'm just trying to revise what I saw in case Jordan gives us a test later
1hr of jordies ripping into the green and the greens poster boy. So fcking good
Fun fact. Many working theatre artists - Labor supporters and unionists. People attending theatre and waxing pretentious about what they view - greens.
Mentioning San Francisco as a success story when it comes to anything related to housing shows how delusional he is.
I like that you could easily have cut this down to 10 minutes and made the same point but wanted to make it a full hour long just to shit on the greens.
after working in both construction and design engineering, I have never met anyone in that process (from engineer to subby to site guys) who said they were a greens member. Engineers were split between Labor/Libs, depends how far along in their career they were, all the guys on site were union thru and thru, construction managers were pure libs tho, but NO ONE ever said greens lol. For them, construction is probably an abstract concept rather than a heavily regulated process (unless they're blocking developments in Dulwich Hill for 'spoiling character')
Work in construction and mining and what you have depicted about the industry is based and true. Would never find a Greenie amongst them!
I work in industrial safety, There is not a single green that I know in this industry. Most of us are Labor-aligned with the odd liberal here and there.
I bet you ran into plenty on local councils.
Out of curiosity... how many of them lived anywhere near said projects?
@@rtmpgtProbably cos construction is blue collar. Seeing how nursing is treated in WA, NSW and teaching in NSW and how Labor is ignoring their demands it wouldn't surprise me that they're way more Greens in them.
Most love Cash...and couldn't give a toss about politics
If its all so simple, why not go through how other 'future funds' have actually worked. How much money was delivered, after the managers took their percentages. If it will help build homes right away then why is the government refusing to say that?
Cause then Jordan would probably have to admit who came up with the future fund and would be torn between admitting that its a cushy job Costello built for himself or undying party loyalty to defending labors latest bad idea.
So far I am not aware of any of the funds having consistently performed well enough to disburse what the ministers are claiming the HAFF will.
I for one, would be happy to sign a 10 year lease from the government for a affordable place to not be homeless 😅
Me too.
Singaporeans already do with their equivalent of the HAFF, the HDB Scheme. It's why 82% of Singaporeans are homeowners.
Brilliant, I’m not an Aussie but learning about the political pyramid and having it dissected like this in such an entertaining, engaging way, it’s awesome content all round.
I bet half the Aussies here haven't heard the other side of the story... and let's be real. Jordan is heavily biased but all news sources are biased, at least with Jordan you know where you stand. He is as good or better than other non-jailed media source in this country. Foreigners may as well get their views from here as anywhere else, outside a proper academic investigation.
@@skippy1564so, your response is solely ad hominem. A one hour video and this is what you got?
Yeah, you totally sound like someone we should listen to lol
@@skippy1564 can you really not see the difference? Going solely off the information at hand.
It's not...Me calling you out on it and saying, 'if that's all you're presenting than I wouldn't listen to you' is completely different and not ad hominem. Yes, it doesn't make you look credible, but that isn't on me and it's not ad hominem. You still have said nothing related to the video and that's my whole point. You're just trying to be disparaging.
@@skippy1564you haven’t given a good point for your argument “hurr durr long video with different view to me bad” is all you have said.
@@skippy1564 not exactlywhat I anticipated, but still i respect it. There is no need to apologize.
Good day(night?)! Lol
Hell yes; a 1hr Jordies to start my weekend off
My issue with the bill is the problem isn't a "lack of houses", there are ~10.9 million houses in Australia and ~26 million people or one house for every ~2.4 people, while increasing the number of public houses will of course help the primary issue is negative gearing making housing investments outperform the stock market.
While I think the bill passing is a good thing Albo calling it the "centerpiece" of his housing policy implies it's the biggest thing he's willing to do.
Edit: I'm not going to reply to this point a dozen times so I'll add it here, there are things other than ending negative gearing which would still have a huge effect, eg. capital gains tax increasing by 1% per investment property owned, I know 2 people with over 100 investment properties that would quickly sell when faced with 100% tax on the rent.
This.
Trying to prevent negative gearing would be the franking credits thing all over again but far worse. Why are greens supporters trying to help the libs back in, you're supposedly diametrically opposed but you'll help them get back in because labor didn't quite bow low enough for you lot? It's such a dumb position.
@@fenix849 the greens play for themself not the libs, they are happy to play lib/Labor against each other and why not? None of the parties are friends with each other. Do you remember how many times lib/Labor have voted together? Were Labor trying to keep libs in govt? Of course not. They are playing politics.
We (As in the Australian nation) voted against these reforms when we rejected Bill Shorten as PM in 2019
Unfortunately that horse has bolted. You need a time machine to fix this.
@pgt1689 I'm sorry did Labor get zero votes in 2019 or is Labor now the party of the marginal swing voters?
The great thing about Jordies is he's so entertaining that he can keep me engaged in an hour long video about Australian politics when I don't live in Australia.
Bloody beautiful. Was getting bombarded with Greens housing bs. This is a welcome surprise.
Unfortunately he won't take on swollen pickles.
@@Low760Or Llama
@@Low760Because Swollen Pickles would chew Jordies up and spit him out with facts.
@@Low760. Or Michael West who called BS on the HAFF as well.
@@Low760Or the australia institute who regularly call labor policies shit
the full dork press on this housing plan has been exhausting, thank you for setting the record straight
"He seems to see ignorance as an affirmation of his purity" is my takeaway quote from this 🤝
The only rent control you need is some sort of financial punishment for having an empty rental for an extended period... rent prices of empty properties will lower until they are affordable, probably
Actually its even more fucky, landlords will either just put up the house to avoid the punishment, so its the same problem but worse since now there's a punishment instead of just less money for renting.
Or they put it up for sale for a time, and then but it back up for rent so they'll be able to say it hasn't been unrented for a year, it was unrented for 11 months, on sale for 1, and now its back on the renters market baby.
I love how Jordan can make a video that goes for a full hour, that I not only watch in one sitting but go back and watch again because it's just that damn good. There's so much vital information here, I've been struggling with how to articulate to Greens voters why their party is not what they think it is-and here it is, everything wrapped up into one delightful hour-long package
This channel is the final listening comprehension boss for non-english-speaking people, i love it
As long as politicians are multi-property-owning landlords we will never see real action on housing affordability in Australia.
Another glorious rant. I'm not even Australian and I listened to all of it.
i live in a very green are (fremantle, wa) and have given up arguing with the bulk of my friends who insist on the greens without even the slightest understanding of how damaging they have been in the past 20 years... the most complex reasoning i could get out of them for blocking the HAFF is that "it should be more money, thats why they are blocking it"
Which is funny, cos that's not what MCM says. They seem to fundamentally oppose it. So which is it? It's wrong, or not enough? (For the record I agree with you)
i think the flaw is (as jordan points out) these voters get sold a dream based on fundamentally flawed/inaccurate/misleading headlines and take it as gospel
The greens are the sole reason as to _why_ fremantle is a total hole
Adore you jordies, but I've been homeless on and off for over 10 years now and we need GOV housing desperately. Private investment requires a financial incentive.Combined with the lack of regulation in the building industry, I see this fund being at serious risk of corruption. I think you missed that.
kinda funny how this pretty much directly applies to the green party in Norway aswell, those types of political parties seem to attract a certain type of people
And Canada
I have to salute this guy. This guy has risked his life, finances, probably the entirety of his mental health and self-image to make a positive impact on the world. You don't see that now adays unless there's a lucrative immoral business behind it. seeing how he's had people go to the extremes to silence him, presumably large sums of money as well as backing his claims with hard evidence, makes him more trustworthy than the whole of government itself
'Looks like the only thing that's sinking, is your argument' 😅
Hahaaa, that caught me off guard
An hour of ripping the Greens to shreds. Bravo
Vienna is often touted as the example of rent control working, but as mentioned they also use major social housing interventions and the rent control only applies to housing stock built before 1945! So the impact is both minimal and hard to separate from the effects of their social housing policies.
Really, rent control is the bad idea that never dies, it helps those who qualify but hurts those who are then excluded via the lack of new constructed supply as well as landlords converting exisitng stock for other uses.
Social housing helps relieve some of the symptoms, but really only a high rate land tax can make housing affordable for all.
I love how because MCM is a “Renter” it makes him automatically qualify as a expert in it 😂
1:02:32 as a fellow Ginger I would like to clarify that we do like trading and economic development. We do not associate ourselves with the clowns shown, thank you :) ~literally the entire country of Ireland
you should be installing gas stoves, not GAS LIGHTING hahahahahah
I would love to see a debate over the haff between michael west and jordan
"But... but 640,000 is more than 122,000" -Greens probably
Aussie living in Berlin here. Rent controls do not work, it makes things more expensive, everyone just holds and wont move, young people are fcuked over, labor has got it right build build build.
Thats not actually an incorrect use of neolibralism. You are saying that the bill will be using/relying the private sector to fund/support the building of houses. That fits perfectly within neolibralism
Jordies has his faults. His inability to accept that Labor is very much intertwined with neolibralism now is one of them. He has outright mocked the word like it doesn't exist previously.
@@woolphallus to be fair, its over used to the point it almost loses its meaning but i dont think this is one of them
@@woolphallus Dude, every political party in a western democracy is aligned with Neoliberalism, including the Greens. That is because, fun fact, Neoliberalism is the current economic power structure of the global economy right now. Even China and Vietnam, you know, proper communist countries, are doing Neoliberalism.
To do anything else, excludes you from the global economy. Look at North Korea and Cuba for examples of isolationist countries who refuse to participate in the Neoliberal power structure.
@kyleselby3196 there is no single definition of 'neoliberalism', even its modern definition is decidedly vague, but for it to be 'classical' neo-liberalism Labor would have to be cutting an existing government housing policy for the purpose of privatizing it, which is not what the HAFF does.
@@rtmpgt this is so profoundly incorrect in almost every single word. Neither of those are communist by the loosest definitions and isolationist countries does not somehow prevent policies from being neoliberal. But you are likely correct that most political parties incl greens are alligned with neolibralism...to that i say...so? Is there a point in this comment?
We do have preferential voting.
point is that you should have labor ranked above greens and libs if there is anything to go by this video
Being able to remember things basically makes you a sorcerer, hope they don't start burning them again.
Was hoping you'd address the speech by the CFMEU guy at the National press club of Australia, it's been shaved to various choice lengths to suit the speaker, saying in one address that the HAFF should get passed but also it's a positively insignificant drop in the ocean and much more is needed.
You should really watch the full national press club address. It really did show just how tiny the HAFF is compared to how massive the problem is.
Basically. I don't even get why Jordies is complaining about this shit... Slow news week maybe? Even a drooling idiot can tell how much more work needs to be done at this snails pace.
The look on Max's face when asked if he could produce a copy and everyone did the "ohhhhh" like high schoolers when he couldn't was priceless 😂You'd think if you were gonna be a whingy little twat whining to mommy and daddy you'd at least be able to produce the bruise your sibling gave you.
Or give yourself one before you try and throw them under the bus
That was amazing to watch. I couldn’t believe it.
His face when Albo whipped out his article is even more priceless.
Huh? You think someone coming to parliament, lying about what you had written in an article and then after you point out that it was a lie not carrying the article (from weeks prior) around with you is..... bad?
I'm going to make a wild guess and say that you think you have enough political and media literacy to recgonise pathetic political stunts for what they really are. Yes?
@@TzarLatok Bold of a Green to think they have the critical thinking skills necessary to offer any proper critique here. Albo quoted directly from Max's article where he said explicitly that the Greens were holding the bill hostage to maintain their voting share of the bloc, because if Labour was actually allowed to get the things done that they promised then Green couldn't point to that as a reason to not vote for Labour and to vote for Green instead. That's not lying on Albo's part, that's brilliant "turnabout is fair play".
I've not heard 'stone soup' brought up in legislation in my country, it's nice to hear
Can you explain the reference? I'm familiar with at least some version of the story, but how it fit in context sailed right over my head 😅
We do certainly have an issue with zoning, a lot of urban planning just feel so disjointed and also the lack of density/mixed use developments.
Really need more PPPs as we all can see when mass privately built homes or apartments do end up with cracks or defective houses that don't last as long as houses in the past.
The rent control in Berlin was 2109, so clearly it was 100 years in the future and they're time travellers who know that rent control works because they came from the future.
"Wall that city up and treat it like Palestine"... oof
Wish we had friendlyjordies to cover Irish politicians. This stuff is golden!
Maybe old mate over at Swolen Pickles should watch this.
What convinced me to stop supporting the Greens wasn't anything Newscorp said, it wasn't even anything Labor said. It was the Greens themselves.
Of course, the infallible and all-knowing shadowgaming6660 figured out the sly doublespeak in the Greens messaging of "hey maybe we should help poor people"
@@TURBONERD Bro, you, of all people.
The greens are not fighting for the poor. They are the _single richest voting bloc in the country_
Unions fight for the poor. What poltical party in Australia do the unions fund again?
@@rtmpgt sda doesn't speak for all unions lol cope and seethe
Of course, @@TURBONERD, if you look at the age of the account and subtract it from the average Friendlyjordies viewer's age (as seen in demographic statistics as 18-24), you will see why my username is what it is.
Absolutely loved this episode Jordan. I live in social housing (public housing provided by a women’s housing provider for women escaping violence and homelessness). Mate, are you going to be doing your live show in Sydney? Would love to come support you.
I don’t think people realise that those of us on a disability pension are lucky to spend less than 100% of income on rent! I’m SO lucky to have my housing - but I had to wait over a decade for it and I experienced a lot of additional violence (not to mention homelessness) while waiting for it. 😢
Why am I so invested in this? I'm English and still live in the UK, have never and probably won't ever live in Australia...
It's just too good.
Ima need a pickles v jordies rumble in an airconditioned auditorium debate stat
Excellence. Love your work FJ team.
wait, this is an hour??? DAMN. keep killing it FJ team, top stuff
theyre fcked
I was the secretary of my local greens branch- left when we voted down the CTS in 2008. No regrets.
Andrew Wilkie did the same too around that time.
Try telling the die hard greenies this! Oooh they get nasty.
@@chattygirl666 I tried explaining this to some of them on Reddit. Will never waste my time again. Seriously they are so smug and sanctimonious both online and offline.
Yes! I definitely have gone down the greens rabbit hole so I thank you for opening my eyes to their nonsense that is going against their values 🙃 Labor is actually trying to make Australia more equal and be sustainable
Lol no they aren't. Labor cares about their corporate lobbyists and the status-quo. Past Labor governments for sure worked towards those things, but Albo is very much just Liberal-Lite. If your idea of equality and sustainability is the upper classes getting richer while the working poor get poorer. I'd suggest actually listening to what the Greens have to say, from the source without the lens of FJ and the other neoliberal shills. They really aren't making unreasonable demands or suggesting bad policies. It literally comes down to wanting to help those that need help, and wanting the country to not be destroyed in favour of corporate interests. If you think they are the bad guys after listening to what they actually have to say (not cherry-picked and twisted to make nonsense points), I'd be very surprised.
@@woolphallus Are the unions suddenly corporations? The Labor party gets the large bulk of its funding directly from the unions.
@@rtmpgtI wasn't sure how much they actually get from unions, but thanks for reminding me, good on Labor, another win.
@@jocelynhunter2359 I mean the Labor party is in effect the political wing of the Australian Union movement. Just like how in all major and progressive countries, Unions have significant power in the form of either tacit agreements with political parties (Such as the NTUC in Singapore aligning with the PAP's Labour wing) or directly funding and forming the ideological basis for a political party (ie the ALP with different unions contributing to different factions)
Can’t wait to hear Tom Ballard complain about this on his shit podcast.
Is that ponce still around?
That guy is insufferable. Makes sense the only place he could thrive is on the ABC.
thats 'shitcast'
dude's a sex pest
@@smguy7classic bigoted Jordies fan
Jordies shitting on the Greens for an hour? It’s Christmas!! 🎉
My concern is the gov tring to turn this into an equitable fund, I fully get why, but it sounds a hell of a lot like the Housing First model, socal housing as an investment opportunity, and for profit above all. Housing First (formally PPHA) in VIC are a privately owned corp, they were given every opportunity and govenment gib there is to build afordable housing, they didn't, everything they build now is for max market rent, it's classed as affordable housing only because of the NRAS. They came up when the gov the cracked down on the boarding house slum lords, they took over many of those slums, they've always been gov sanctioned slum lords. A few decades later now they're building $100mil blocks of units for max profit, and they're still slum lords. And every politician but a few turns a blind eye to how bad these privately owned for profit housing mobs are, Housing First are just the worst one I know of.
This felt like an hour long rant, despite his displeasure at even making the video, and I love it.
I'll wait to see what happens before the next election to see who gets my vote. I'm not disputing how effective the HAFF will be but it's impact will be minimal and I doubt it will fill the gap that future immigration will require. This country is crying out for actual reform. Gough was remembered because he wasn't afraid to undertake strong reforms, that is the Labor we need right now, that was the Labor I voted for.
Yeah but let’s not risk another CIA coup by pushing too hard too soon, fixing NINE years of libs in a single election cycle is a tall order. Telling our lefty govt off for not being left enough in our predominantly right leaning country doesn’t bode well for repeat election wins
Thanks for breaking it down, I did find myself(being emotional about being under rental stress and seeing homelessness figures shoot up) seeing the greens campaign, seeing their figures and just taking it at face value...
I really like the long term thought labor puts into their policy a lot of the time, but after learning about stock markets I think I found myself uncomfortable that something so important was "left to chance". I don't know how policy points like "the minimum spending will be $$ but also we will have the HAFF" isn't reaching audiences like me?
I think the HAFF is a great idea for the long term, but we still need some short-term action too.
@@RowBr0 you can only do so much when you're never certain of the outcome of the next election
@discipleofdagon8195 they're almost guaranteed a second term. They'd have to royally screw up to not be given one. They have plenty of time to implement other housing reforms, but they seem to be putting all their eggs in one basket.
Getting ready to dive into a university economics assignment about housing affordability. Hope CSU classes friendlyjordies as a reliable reference
As an American that pays no mind to Australian politics it simultaneously calms and scares the living hell out of me to know it’s just as incompetent as the US
As daft as they are, I would support an annual percentage cap on rent increases
Exactly. You cant just say "Greens are shit" and discount all their policy. ALP aren't infallible.
We should selectively choose the good policy set out by the greens.
Anything that loosens the grip of investors and speculators on property would be a good move. Also, the number of vacant property nights per year is offensively high. Fix that and we are half way to a better life for a lot of homeless
@@musicwelikemangyeah but there isn’t any policy. They just say words with no policy connected.
People are confused because minus the puns and overly loud theatrics, this is basically what real journalism looks like.
Hack partisanship is basically what journalism is these days, so you're right there.
@jayrodr897 truly a "mmm you hate green partisanship that pretends to be for the people yet you yourself, who are openly partisan, are also partisan. Curious." Moment
100% , you have absolutely nailed it pal.
Nice.
Journalism is basically fantasy now. The 2GBs, the channel 7s et al, it's a farcical parody of such a paramount issue of importance.
@discipleofdagon8195 he's right though you can't really call yourself a journalist if you openly refuse to ever point out the many failing of your own party and even blame other parties for the failings of said party you know like blaming the greens for not wanting to vote for a dogshit and ineffective emissions bill or the fact that Labor and LNP both treat refugees like shit and it was Labor under Paul Keating that created indefinite detention for refugees
@@jayrodr897awww, did somebody criticise your favurwit gween?
Lol, there is literally nothing incorrect about this takedown of MCM and the Greens party.
You would have to be a partisan hack to think there was.
I live in Berlin and Jordies forgot to mention that the rent control was also removed here due to it being found unconstitutional. Also, apartment hunting in Berlin is beyond 39:05 fucked lol. You’re only finding an apartment if you get lucky and message the owner first or you know the tennant that is leaving. Insane that Greens would use Berlin as a positive example of rent control.
Capping rent caps is a brilliant idea if it is tied to inflation or the consumer price index. If legislated in this way, any increases in inflation or the CPI wouldn't be passed on to consumers and it would minimise the divide between affordable, middle class rentals and more expensive rentals. It's honestly fantastic and not hard to get behind. If you're interested, 7am podcast gave a great breakdown of rental caps this week - pointing out that the Greens proposal is problematic, but making these adjustments, the policy would work.
As soon as you index something to the CPI you create a inflation/deflation feedback.
@@Grant82gc Yes yes you are absolutely right my comment is simplistic. There's ways around this - using a different more representative index for cost of living like a rent affordability index, or having a portion of the weight of rent tied to CPI using a hybrid model. In commerical leases, one method of calculating increases uses CPI as a base.
But I'm out of my depth in proposing a nuanced solution that would factor in CPI in residential leases - I'm taking notes from a former Labor stratergist here. Happy to be school'd.
Yeah as far as I've heard though this is only effective at stopping landlords suddenly raising the prices, but still keeps the average prices high, like ACT.
Whilst I think the HAFF sounds great in theory, Michael West Media did a great video breaking it down and comparing average returns vs management fees. In reality, the minimum spend of $500m per year would draw down the $10b total as the average returns on $10b less the management fees would be less than $500m. Meaning the balance would continue to drop until the $10b is gone…
I know Jordies loves to quote MWM when it suits him but he should probably check this article/video to independently assess the viability of the HAFF.
Michael west media is a Green, Anti-Labor, shill. You should ignore him at this point.
how do you figure the returns are less when they are endless
Thank you Jordies and your team for all your hard work. Australia really needs more journalists like you guys.
the gradual decsent into the video getting more and more serious and brutal is wild. love it
Fuck I laughed at Jordan eviscerating the optics of their marketing shots. 🤣 So on-point!
Thank you jordies, sick to death of listening to everyone in the"left wing media" say that the tree tories ideas are brilliant. Keep it up you legend!
What left wing media?
Hahah left wing media bro? Am I missing something?
@@blastbeatincwhy do you think it’s in inverted commas?
Left wing media? You mean media or journos stating facts about the housing crisis?
The fact the Greens are so self absorbed that they think this bill designed to help *THE HOMELESS* should help them keep renting their heritage Sydney apartment is just...amazing.
Our government has always handled homelessness badly ,the only countries who handle homlessness well are the Scandinavian countries. Australia is behind because of negligence and corruption. They want some people poor and homeless.many of the Government workers are very well paid but don't really care and do much for the needy.
@@jedimonk993 *WELL MAYBE 30 THOUSAND SOCIAL HOUSES WOULD HAVE HELPED US TACKLE THAT HOMELESSNESS, HEY?! HEY?!*
@@TheGloriousLobsterEmperor but they don't, they know what needs to be done but they don't do it.there are evil principalities in power on this planet. The Bible mentions this.
@@jedimonk993 *THEY "DON'T" BECAUSE THE GREENS BLOCKED THEM YOU FUCKING IMBECILE.*
"this is their pass at Thermopylae" you should have gone with "this is their hot take gates"
Friendly jordies the last true journalist, getting the facts, bloody legend
Disappointed in the missed opportunity for a “I was elected to lead, not to read” moment
Top vid as always Jordies. As a side note that little KRudd/Albo Harry Potter interplay you did at 45:28 gave me a good giggle.
"HAFF is the island OF MONEY STOOOOOOOGE" had me fucking rolling 🤣