Episode Details
Back to EpisodesThe Real Estate Rip-Off: Is our Housing Market a Ponzi Scheme?
Description
Today we'll be discussing whether residential real estate in Australia is a Ponzi scheme or not.
For many years, there has been a debate about the sustainability of the Australian property market and whether it is a Ponzi scheme waiting to collapse.
Some commentators have argued that rising house prices are being driven by speculation and greed and that it is only a matter of time before the bubble bursts.
In my mindset message, I'm also going to share with you what I believe is the most important money lesson to teach your children.
Regular listeners would now usually have a guest on the show but every now and then I just have a chat – just you and me – and that's what's going to happen today as we discuss these two important topics.
Links and Resources
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Shownotes plus more here: The Real Estate Rip-Off: Is our Housing Market a Ponzi Scheme?