Cognisant
cackling in the trenches
- Local time
- Yesterday 10:54 PM
- Joined
- Dec 12, 2009
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- 11,155
Graphs taken from the United Nations Department of Economic and Social Affairs.
The Australian birthrate per woman has been below a population sustaining level since about 1980, except for a brief peak in the 2010s, however keep in mind this doesn't account for infant mortality and other such factors, to actually sustain a population you need a birthrate of something like 2.1
Contrary to this completely stagnant population growth Australia's population increased from 14.7 million in 1980 to approximately 26.4 million as of the last census. This population growth has been entirely due to immigration.
As of the the 2010s the immigration rate has increased significantly, you can see the impact of this as a noticeable increase in population growth on the graph above.
Building Activity report from the Australian Bureau of Statistics.
We're currently facing a critical housing crisis and it's not because new dwellings aren't being built, as per the report above construction of 45,489 dwellings commenced in just the last reported quarter, there's an enormous amount of construction going on but it just can't keep up with the wildly out of control population growth, and again that growth is entirely due to immigration.
Now you might wonder why policy makers have allowed this to happen and for this I have two theories:
The Australian birthrate per woman has been below a population sustaining level since about 1980, except for a brief peak in the 2010s, however keep in mind this doesn't account for infant mortality and other such factors, to actually sustain a population you need a birthrate of something like 2.1
Contrary to this completely stagnant population growth Australia's population increased from 14.7 million in 1980 to approximately 26.4 million as of the last census. This population growth has been entirely due to immigration.
As of the the 2010s the immigration rate has increased significantly, you can see the impact of this as a noticeable increase in population growth on the graph above.
Building Activity report from the Australian Bureau of Statistics.
We're currently facing a critical housing crisis and it's not because new dwellings aren't being built, as per the report above construction of 45,489 dwellings commenced in just the last reported quarter, there's an enormous amount of construction going on but it just can't keep up with the wildly out of control population growth, and again that growth is entirely due to immigration.
Now you might wonder why policy makers have allowed this to happen and for this I have two theories:
- Flooding the labor market with young qualified people suppresses wages growth.
- Our politicians all have portfolios of investment properties and thus a vested interest in ensuring the already massively over-inflated property market cannot correct itself, the housing deficit isn't a policy mistake, it's by design.