Housing Affordability: How To Win This Argument With Your Parents [video]

The median house value in Sydney is now nearly $1 million dollars, and Sydney is one of the most unaffordable cities in the world.

Unfortunately for non-home owners, no one seems to be doing anything about it.

Part of the reason younger generations get left out of these conversations, is that they don’t understand the numbers behind the current housing boom.

In this TEDx Talk, I go back to basics and explain measurement terms, real dollar values and how to recognise when people are undermining the cost of owning in Sydney.

Don’t leave economics to the economists.

Studies of economics are accessible from high school, university and the internet, and will give young people the tools to articulate what they need from policy makers.


Subscribe & don’t miss a single episode of Michael Yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

Need help listening to Michael Yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.


Prefer to subscribe via email?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.

Eliza Owen


Eliza is head Of Residential Research Australia for Corelogic and a respected property market commentator. Eliza holds a first class honours degree in economics from the University of Sydney

'Housing Affordability: How To Win This Argument With Your Parents [video]' have 2 comments


    August 29, 2015 Jonny

    Nice examples but one thing you forgot to compare -interest rates. 14% vs 4.5%. This makes a big difference to affordability. Approx 4.4k per month vs 5k now (inflation adjusted). I bet the figures are even more aligned in Melbourne and Brisbane. cheers



      September 26, 2015 PhillD

      Good point Jonny; I remember earning 18% on a $1,200 term deposit in the 80’s and when working in the bank, assessing home loans based on 10+% serviceability ratios.
      That said, I think that the those struggling to get into the housing market on the east coast need encouragement to think outside the box and take action to create manageable steps to reach their housing goals.


Would you like to share your thoughts?

Your email address will not be published.


Copyright © Michael Yardney’s Property Investment Update Important Information
Content Marketing by GridConcepts