In today show Simon Kuestenmacher and I discuss a topic that won’t stay out of the news this year with the federal election coming up — house prices.
Whether they’re climbing to new heights or stabilising, the property market has ripple effects that impact us all.
But here’s the big question we discuss today: When house prices are high, are there more winners or losers?
Takeaways
- The Australian housing market has historically created more winners than losers.
- Government policies often favor those already owning property, making it harder for first-time home buyers.
- High property prices benefit a wide range of stakeholders, including banks and developers.
- First home buyer grants tend to inadvertently drive up house prices.
- Younger voters are increasingly disillusioned with major political parties due to housing policies.
- The widening wealth gap is creating social unrest among younger generations.
- Immigration policies need to be re-evaluated to ensure housing affordability for all.
- Political parties must balance the interests of homeowners and renters to maintain stability.
- There is a need for more transparent discussions about housing affordability.
- The future of housing affordability will depend on effective government action and policy changes.
Links and Resources:
Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us
Simon Kuestenmacher: Australia’s leading demographer and partner in the Demographics Group
Join us at Wealth Retreat - Australia’s Premier Wealth Retreat for Elite Investors and Business People www.WealthRetreat.com.au
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Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.
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