Episode Details

The Upside of Upmarkets: Winners and Losers in the Property Game? With Simon Kuestenmacher

Published 1 year, 1 month ago

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.

Chapters

00:00 The Impact of Rising House Prices

07:54 Winners and Losers in the Property Market

13:53 Political Dynamics and Housing Policy

19:50 The Role of Migration in Housing Affordability

25:45 Future Directions for Housing Policy

32:58 Introduction to Immersive Experiences

35:46 Defining Immersive Experiences

37:29 The Impact of Immersive Experiences on Growth

Links and Resources:

Simon Kuestenmacher: Australia's leading demographer and p