Australia Builds Half As Many Homes As It Did In 1995
14mins | Premiered Aug 02, 2026
Australia builds half as many homes per hour worked as it did in 1995. The rest of the economy went up 49%. If the whole economy had performed like housing, the average Australian income would be about 41% lower. This isn't a housing statistic. It's a civilisational one.
In this episode Emeka gets into why. Not the version you've heard. Not "developers are greedy" or "immigration" or "boomers." The version that starts with a 3D-printing case study, hits a catch-22 between banks and insurers, gets stuck across three building-code timelines and 500+ councils, and ends with a government promise of 1.2 million homes that's actually going to deliver about 263,000.
Once you see the shape of the trap, you see it everywhere. Next week he'll show you the same shape in aged care.
