We’ve been stuck in a per capita recession for six quarters, and the "solution" has been painfully obvious: cram in as many people as possible over the past two years to fudge the GDP numbers and paper over the cracks. It’s nothing new-they’ve been pulling this trick for 30 years-but this time, the sheer volume of immigration needed to fill the gaping economic black hole makes it impossible to miss. It’s all smoke and mirrors, with the government gaslighting Australians about the real pain they’re feeling. Instead of addressing the core issues, they’re relying on inflated numbers and spin to mask the struggles of everyday people. The disconnect couldn’t be more glaring.
Seven quarters of negative per capita growth means the majority of the population are experiencing a recession and have been for almost two years without it being technically declared. The only people who aren’t are shareholders.
We are already in a per capital recession and have been for about 7 months. It’s only the 1 million people in 2 years immigration number which have kept our GDP above 0. When the African iron ore mine is operational in later 2025 Australia is in big trouble. China has heavily invested in this mine and they are the main buyer of Australian iron ore.
Australian iron ore is still better positioned geologically. Its 1 mine vs 20+ in Australia. They way we operate in Australia is way more efficient, better consistent quality ore then that of the simandou mine
China has heavily invested in this mine directly. Australia won’t see massive returns on ore like it has in the past. There will now be direct competition which changes the ore market.
Its no secret that Govt ramps up immigration specifically to compete for housing and create an equity party, however the bigger the party, the bigger the hangover, we can also forget about a soft landing when falling off a sky scraper. Crash survival mode should be considered for 2025, despite being a little early in the historical cycle
No. You are only half right. You need to see the specific and DIFFERENT motivation of the Coalition and Labor. The Coalition (abbrevdd) is pleasing business. Labor is more pleasing communities. Neverless, today it is the NIL migration during the Covid crisis that is pent up migration. It is already in retreat.
Well, to be honest, politicians decrease debt through inflation. Then we end up with currencies with a whole lot of zeros on it. Back just 30 years ago $1 million was something now everyone that owns a house in Australia is a millionaire.
These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you shouldn’t be in the market business. or get you a skilled practitioner.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k
I've wanted to start investing for a few months, but haven't had the courage to do so because the market has been down for the majority of this year. Please provide additional information about her offerings and how I may feel confident in her skills.
There is no such thing as per capita recession. It's a stupid government owned media coined term. The rich are recession proof. There is either you are in recession or not. However Australia being in recession since 2 years now and is heading towards economic depression
Rentvesting shouldn't even be a thing. Housing should NEVER be monetised. It is a basic human need. ALSO, rentvesting?? people cannot even AFFORD to rent now in a place they WANT to live in.
Buy what you can afford then if you can’t afford a house buy an apartment it’s still housing . You want to live in one of the most Expensive city’s in the world get use to it . Stop complaining 😂
I agree. Housing is for families, nothing more, nothing less. A functional society should not accept or encourage speculative "investing" behaviour in relation to housing.
Rentvesting just contributes to the unaffordability issue. As Matt Barrie says, Australia does not need more housing for the people born here because Australia's replacement birth rate has sat at 1.7 since 1976. The increased demand for housing is solely due to immigration. Why would I add to the problem by "investing" in a house in a cheaper area, only to make it less affordable for locals in that area. Rentvesting only drives demand and prices up.
Rentvesting does not drive demand. Lack of supply drives demand. You realise for someone to buy an investment someone has to sell a property right? If that property was a PPOR of prior owner, then the new investor has added +1 to rental supply. If prior owner was an investor, the new investor has not changed the supply. If prior owner was an investor and new buyer takes it as PPOR then new owner has removed -1 from rental supply. If both prior and new owner use it as PPOR there is no change. Now if investors each add +1 to rental supply then that has an effect to lower rental prices, whoch lowers the price people are willing to pay to buy the property. But people buying PPORs each minus -1 from supply has an effect to increase rental prices, thus increasing the amount people are willing to pay to buy property. So as you can see, PPOR buyers are worse than investor buyers in causing price increase.
@@Tar-Mírielyou left out the part where if housing wasn’t made a wealth creation vehicle in the late 90’s by being included in the 50% capital gains exemption then house price increases wouldn’t have far outstripped wages since then. Go look up wage growth since the late 90’s and compare it to house prices. It clearly shows that it’s investors that have driven house prices up. It’s not the only factor but PPOR owners have nothing to do with it.
We need a real recession to fix inflation. If we do hit a recession it won’t last long because Australia has one of the strongest economies in the world.
For everyone screaming supply and demand, that does not apply in speculative markets. What Ravi (and a lot of you) does, is pay huge sums with the expectation of future gains. Without the gains, the price you paid makes no sense. That’s what a bubble is.
Australians are already in a recession. 21 months straight of per capita decline. The only two reasons we are not in a "recession" by RBA and media definition is 1. Record immigration 2. Government spending a la NDIS.
We were in recession since govid labour government made alot off changes such as visiting a doctor cost too much and the cost off living has gone up who too blame the government
Always like to listen to your perspective. The property market is at a fascinating place. A recession could see big price reductions (especially if population trends go negative from economic factors). But with inflation, we could see nominal prices continue to rise like in the 1970’s.
The problem is both major parties ore more interested in following Washington’s orders than running Australia for our good. Keep bribing the Pacific nations, pay for football teams and keep giving the UST hundreds of BILLIONS of dollars to support their economy, This applies to BOTH political parties.
@@Tar-Míriel I'm an economist. "supply and demand" is a lame answer unless you analyse all factors to weedle out the major causative factors. And so, we're back to speculators like you. It's not illegal, so go for it, but it doesn't change the fact that YOU and all speculators are the central problem.
during the 1930's Great Bubble pop, the wise bought much for less, there's the Lesson!! Buy low sell at Idiot times, or stay put and wait out until the next Bonanza.
I own a asset. But cant get another thats what is shit about it, outside what top 10%, only businesses are buying for there bottom lines that should be not legal, businesses should have to invest in businesses or infrastructure not homes
Australia has a casino economy combined with a semi 3rd world commodity economy. The casino economy draws all the scumbags into the housing market and even worse, are aided and abetted by successive governments. This is also unregulated as per international money laundering rules, hence the massive influx of foreign buyers trying to hide or clean their ill gotten lucre. More than anywhere else in the western world, Australia absolutely deserves a massive recession and devaluation of the Aus$. It currently has the least diversified economy in the western world and even in comparison to many developing countries.
I think a crash is coming, the rba won’t be able to cut rates because our dollar is under attack and chinas economy is falling, the housing markets biggest correction is going to happen this year
Who is Koch anyhow. This man has done very little except being a mouthpiece on TV. I have even heard of him being referred to as a "famous" TV presenter. But what is he famous for? There is something about this man that just does not sit right with me. He is not an economics expert; more likely he is just a paid shill who trots out what he has been told to say. Recessions are not accidents; they are engineered to make the rich richer at the expense of the lower class, the poor.
We don't have immigrant issues we have a lack of infistructure provided by the government which makes houses like hens teeth,backlog affects everything you should stop blaming immigrants for Australias failings , maybe you Aussies should drink less
Kochie , your good , your very good, you have not reached a higher level for a while . Ask for a job in treasury. Do you think that China wants Taiwan for a buffer so it can turn north ? What do you think about the trillion dollar debt. Is it not unusual not to have something to show for it. Has it been stolen. Our kids and some grandkids will be paying it down , and no one in media has mentioned it. There has been so far no satisfactory explanation. The entire public has been fobbed off eh kochie. T
![BLACK BAG - Official Trailer [HD] - Only in Theaters March 14](http://i.ytimg.com/vi/Du0Xp8WX_7I/mqdefault.jpg)
He probably means depression, we have been in a recession for a long time
Yes we are starting to feel the change in the wind
We’ve been stuck in a per capita recession for six quarters, and the "solution" has been painfully obvious: cram in as many people as possible over the past two years to fudge the GDP numbers and paper over the cracks. It’s nothing new-they’ve been pulling this trick for 30 years-but this time, the sheer volume of immigration needed to fill the gaping economic black hole makes it impossible to miss. It’s all smoke and mirrors, with the government gaslighting Australians about the real pain they’re feeling. Instead of addressing the core issues, they’re relying on inflated numbers and spin to mask the struggles of everyday people. The disconnect couldn’t be more glaring.
Um 6 quarters of negative growth? 2 quarters is a recession unless this has been changed like the basket of goods that indicates higher inflation
Agreed.
Yep and on our way to a depression.
we are already in per capital recession
Seven quarters of negative per capita growth means the majority of the population are experiencing a recession and have been for almost two years without it being technically declared.
The only people who aren’t are shareholders.
Koshie with a staggering prediction that the sun will rise yesterday.
😂😂🤣🤣
💯!
Kosh lost all credibility after his covid stance.
Good for you. You can see right through this fake man.
love this comment!
Weve been in recession for sometime
We’re already in a per capita recession and have been for a while. Wages have stagnated and we’re back to 2010 levels in real terms.
We are already in a per capital recession and have been for about 7 months. It’s only the 1 million people in 2 years immigration number which have kept our GDP above 0. When the African iron ore mine is operational in later 2025 Australia is in big trouble. China has heavily invested in this mine and they are the main buyer of Australian iron ore.
Australian iron ore is still better positioned geologically. Its 1 mine vs 20+ in Australia.
They way we operate in Australia is way more efficient, better consistent quality ore then that of the simandou mine
@@CalebB-hp5ys what if they rather deal with anti west countries
It's 7 consecutive quarters, 21 months.
@@CalebB-hp5ysit’s about options, choice and bargaining power, it will never be the same.
China has heavily invested in this mine directly. Australia won’t see massive returns on ore like it has in the past. There will now be direct competition which changes the ore market.
Its no secret that Govt ramps up immigration specifically to compete for housing and create an equity party, however the bigger the party, the bigger the hangover, we can also forget about a soft landing when falling off a sky scraper. Crash survival mode should be considered for 2025, despite being a little early in the historical cycle
No. You are only half right. You need to see the specific and DIFFERENT motivation of the Coalition and Labor. The Coalition (abbrevdd) is pleasing business. Labor is more pleasing communities. Neverless, today it is the NIL migration during the Covid crisis that is pent up migration. It is already in retreat.
When many of the Major Countries in the World are Tanking, how can you possibly think Australia will not be affected???????
Idiotic question
Property ponzi of course will save us 😅😂😂😂
Well, to be honest, politicians decrease debt through inflation. Then we end up with currencies with a whole lot of zeros on it. Back just 30 years ago $1 million was something now everyone that owns a house in Australia is a millionaire.
These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you shouldn’t be in the market business. or get you a skilled practitioner.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k
I've wanted to start investing for a few months, but haven't had the courage to do so because the market has been down for the majority of this year. Please provide additional information about her offerings and how I may feel confident in her skills.
Her name is Melissa Terri Swayne can't divulge much. Most likely, the internet should have her basic info, you can research if you like.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
Australia has been in a per capita recession for several years
There is no such thing as per capita recession. It's a stupid government owned media coined term. The rich are recession proof. There is either you are in recession or not. However Australia being in recession since 2 years now and is heading towards economic depression
500k migrants on welfare benefits not helping the economy, Thanks Aust Govt 👏👏👏
The RBA will cut interest rates and house prices will remain strong due to unachievable supply issues
Rentvesting shouldn't even be a thing. Housing should NEVER be monetised. It is a basic human need. ALSO, rentvesting?? people cannot even AFFORD to rent now in a place they WANT to live in.
Buy what you can afford then if you can’t afford a house buy an apartment it’s still housing . You want to live in one of the most Expensive city’s in the world get use to it . Stop complaining 😂
I agree. Housing is for families, nothing more, nothing less. A functional society should not accept or encourage speculative "investing" behaviour in relation to housing.
Can you rent vest from a tent?
We are already there
We are already in recession?!?!?!
Kochie should be sacked
And considered irrelevant.
Rentvesting just contributes to the unaffordability issue. As Matt Barrie says, Australia does not need more housing for the people born here because Australia's replacement birth rate has sat at 1.7 since 1976. The increased demand for housing is solely due to immigration. Why would I add to the problem by "investing" in a house in a cheaper area, only to make it less affordable for locals in that area. Rentvesting only drives demand and prices up.
Rentvesting does not drive demand. Lack of supply drives demand. You realise for someone to buy an investment someone has to sell a property right? If that property was a PPOR of prior owner, then the new investor has added +1 to rental supply. If prior owner was an investor, the new investor has not changed the supply. If prior owner was an investor and new buyer takes it as PPOR then new owner has removed -1 from rental supply. If both prior and new owner use it as PPOR there is no change.
Now if investors each add +1 to rental supply then that has an effect to lower rental prices, whoch lowers the price people are willing to pay to buy the property. But people buying PPORs each minus -1 from supply has an effect to increase rental prices, thus increasing the amount people are willing to pay to buy property. So as you can see, PPOR buyers are worse than investor buyers in causing price increase.
@@Tar-Mírielyou left out the part where if housing wasn’t made a wealth creation vehicle in the late 90’s by being included in the 50% capital gains exemption then house price increases wouldn’t have far outstripped wages since then.
Go look up wage growth since the late 90’s and compare it to house prices. It clearly shows that it’s investors that have driven house prices up.
It’s not the only factor but PPOR owners have nothing to do with it.
We need a real recession to fix inflation. If we do hit a recession it won’t last long because Australia has one of the strongest economies in the world.
I think people are losing confidence
For everyone screaming supply and demand, that does not apply in speculative markets. What Ravi (and a lot of you) does, is pay huge sums with the expectation of future gains. Without the gains, the price you paid makes no sense. That’s what a bubble is.
We are already in a recession. Heaps of my mates who have never had a problem finding employment are struggling and were all through 2024.
House prices up 10 per cent this year , shares up , everything else is stuffed.
Excellent thank you compulsory listening HAPPY 2025 good health
Australians are already in a recession. 21 months straight of per capita decline. The only two reasons we are not in a "recession" by RBA and media definition is 1. Record immigration 2. Government spending a la NDIS.
We were in recession since govid labour government made alot off changes such as visiting a doctor cost too much and the cost off living has gone up who too blame the government
A Recession on a Recession? Colour me bored of crap management of this country.
Always like to listen to your perspective. The property market is at a fascinating place. A recession could see big price reductions (especially if population trends go negative from economic factors). But with inflation, we could see nominal prices continue to rise like in the 1970’s.
We have been in a recession already and still are.
1990 Paul Keating's “recession we had to have”
AUSTRALIA MUST HAVE A SEVERE AND TERRIBLE RECESSION AS WHOLE PROPERTY MARKET AND ECONOMY IS A BIG BUBBLE IS REALLY NOT WORTH WHAT THE PRICES ARE!
The value is in the land, not the house
We've been in a recession for a long time, depression is the next step!
Economists have predicted 12 of the last 3 recessions.
We are in per capita recession for the last 3 years buddy
God forbid someone else predicts that isn’t Ravi!
We are in a reclusive recession! For example, we only need fuel prices to stay at over $2 per litre and watch the pain
Great information.
The problem is both major parties ore more interested in following Washington’s orders than running Australia for our good. Keep bribing the Pacific nations, pay for football teams and keep giving the UST hundreds of BILLIONS of dollars to support their economy, This applies to BOTH political parties.
Mate, You and all property spruikers are THE problem.
Your ignorance is showing. The 'problem' is always supply vs demand.
The problem is supply and demand AND the people who benefit when that equation is out of balance
@@Tar-Míriel I'm an economist. "supply and demand" is a lame answer unless you analyse all factors to weedle out the major causative factors. And so, we're back to speculators like you. It's not illegal, so go for it, but it doesn't change the fact that YOU and all speculators are the central problem.
@@Tar-Míriel It is, on its own, a meaningless phrase. "supply and demand" is only an instance of time. One moment. The history is MORE important.
He cant predict
His footy team winning a grand final
So he couldn't predict squat
during the 1930's Great Bubble pop, the wise bought much for less, there's the Lesson!!
Buy low sell at Idiot times, or stay put and wait out until the next Bonanza.
Good video
Average home loan $642k??? Wtf...😮
I do not see any way through our current crap, except accepting that I will never own a home from 2025 to 2035?
Dave's PDF is up to date on these.
I own a asset. But cant get another thats what is shit about it, outside what top 10%, only businesses are buying for there bottom lines that should be not legal, businesses should have to invest in businesses or infrastructure not homes
Already in one?
LOL, the CPI data showed a recession was going to occur ages ago this isnt new news
There's always a Nostadamus looking to make a name for himself.
how to get rich?,,, write a book about how to get filthy rich with real estate
If Only he got a phonecall on live TV from Choppa, like Allan did . . .
Australian recession started as soon as ALP took over and Albo has cemented it for the next 12 months with crap policies.
Market is going to crash
People have options
Inflation is to high
What market? There are 15,000 real estate markets in Australia.
Its under 3% matey. Was 7%
Australia has a casino economy combined with a semi 3rd world commodity economy. The casino economy draws all the scumbags into the housing market and even worse, are aided and abetted by successive governments. This is also unregulated as per international money laundering rules, hence the massive influx of foreign buyers trying to hide or clean their ill gotten lucre. More than anywhere else in the western world, Australia absolutely deserves a massive recession and devaluation of the Aus$. It currently has the least diversified economy in the western world and even in comparison to many developing countries.
Ayatollah Elbow isn’t in recession, new house, new road built…….roll on Federal election.
I believe Kosch as much i believe in Albonese..A Big Flat Zero Zilch bugger all.
I think a crash is coming, the rba won’t be able to cut rates because our dollar is under attack and chinas economy is falling, the housing markets biggest correction is going to happen this year
Can someone help me understand this video. Should i be buying 2 more investment properties or 4?
Buy 20...and don't forget to buy his book
Be prepared...
Koshi is a have hes prodicting he's going to make money from some shonky deels he's done
Koch is a very thick individual
Kochie is not an expert. We have been in a recession for months.
That's no prediction that's just Obvious everywhere😮😮😂
Its already here!😂
Already in Recission
RBA helping it along 😂
Koshie ain't no expert in anything
Retire eith housinh investment you’re partnof the problem mate
D f we are already in recession.
HOW IS DE COUPLING FROM CHINESE MONEY WORKING OUT MATEY?
Kotchie is a 🤡….we have been in a per capita recession for over 18 months
Kochie is not an economist. But i suppose you don't need to be one to see what's coming . So, not really words of wisdom.
So you mean common sense
Who is Koch anyhow. This man has done very little except being a mouthpiece on TV. I have even heard of him being referred to as a "famous" TV presenter. But what is he famous for? There is something about this man that just does not sit right with me. He is not an economics expert; more likely he is just a paid shill who trots out what he has been told to say. Recessions are not accidents; they are engineered to make the rich richer at the expense of the lower class, the poor.
ponsi scam no mater what way you spin it
We don't have immigrant issues we have a lack of infistructure provided by the government which makes houses like hens teeth,backlog affects everything you should stop blaming immigrants for Australias failings , maybe you Aussies should drink less
Bad sound quality far away and mumble
Thank you for telling us everything about nothing at all...
Already in recession
Clown world
wrong.
Kochie, you are glass, i see straight through you, a man of many words but no substance.
What do you know ? Stop using other people's knowledge and data to promote yourself
🙏
Immigrant privilege
Oy
he is a muppet
XRP 🚀 1SO 20022
This video is nonsense. Plenty of cheap property in Melbourne.
Kochie , your good , your very good, you have not reached a higher level for a while . Ask for a job in treasury. Do you think that China wants Taiwan for a buffer so it can turn north ? What do you think about the trillion dollar debt. Is it not unusual not to have something to show for it. Has it been stolen. Our kids and some grandkids will be paying it down , and no one in media has mentioned it. There has been so far no satisfactory explanation. The entire public has been fobbed off eh kochie. T