[Podcast] What if we stop immigration – will it really help our property markets? With Simon Kuestenmacher

Housing affordability, or the lack thereof, and the historically low vacancy rates, have often been blamed on a large number of overseas migrants coming to Australia, so what would happen if we stopped migration?

That’s what I’m going to be discussing today with leading demographer Simon Kuestenmacher...

However, this is a special episode of a new second podcast that I’ll be delivering to you each week with Simon.

Over the last four years, Simon has been one of the most popular regular guests on this podcast and because we both believe the demographics are going to be one of the main drivers of our property markets, business, and economy moving forward, we are publishing a separate podcast that we’re calling Demographics Decoded where we’re going to unravel the trends that will shape the future of your investment decisions business strategies and organizational planning.

While you're hearing the show today on the Michael Yardney podcast, Demographics Decoded has its own channel on all podcast Apps and YouTube.

I’m running the show here on the Michael Yardney podcast to give you a taste of what’s ahead, but please stop for a moment and look for demographics decoded on whichever podcast App you’re currently listening to this show on and subscribe to that show as well. I will leave a link in the show notes to make it easy.

The essential role of immigration in Australia

In this episode, leading demographer Simon Kuestenmacher and I discuss the crucial role of immigration in shaping Australia's economy and addressing the housing crisis.

Together, we get into the benefits of a diverse migration policy and the challenges associated with it, offering a comprehensive analysis of how immigration impacts various sectors and regional areas in Australia.

• The impact of halting immigration on housing affordability and population growth
• Australia's heavy reliance on immigration for population growth and economic stability
• Criticism of current migration policies in the context of housing and infrastructure challenges
• The essential role of migration in addressing an aging population and labour shortages
• The critical dependency of sectors like aged care on foreign workers
• Migration patterns within Australia, from inner cities to regional towns
• The importance of regional towns relying on migrants to sustain essential services
• Australia's multicultural success and low incidence of racial conflicts
• The future of Australia's population growth strategy and its impact on housing
• The necessity of purposeful integration to maintain social cohesion

This episode provides a thorough exploration of the role of immigration in Australia, highlighting both the opportunities and challenges it presents.

Focusing on strategic population growth and the benefits of diverse migration, we offer valuable insights for anyone interested in the dynamics of migration and the Australian economy.

Links and Resources:

Subscribe to the Demographics Decoded Podcast on:

• Apple Podcasts:   https://podcasts.apple.com/au/podcast/demographics-decoded-unveiling-the-trends-shaping/id1755981675
• Spotify: https://open.spotify.com/show/6qsThQ6mIXK8RKWlhst1xK
• YouTube:  https://www.youtube.com/playlist?list=PLssKuseYAEYwHYfEI262DzEqNQjZKhykA

Michael Yardney

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Simon Kuestenmacher – Director, The Demographics Group

Get a bundle of free reports and eBooks – www.PodcastBonus.com.au

Some of our favourite quotes from the show:

“When people come here, they need to buy a television and furniture and refrigerators, and they earn money and they pay taxes. That's one of the ways the government is greasing the wheels of industry.” - Michael Yardney

“I would argue that the big universities will be absolutely fine that they will continue to get international students. That benefits the economy. That also creates good international relations with other countries. It binds us closer to the rest of the world.” - Simon Kuestenmacher

“In my mind, the benefits of immigration are too much too strong to even start fiddling with those numbers. - Michael Yardney

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