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Why Our Politicians Don't Want Housing to Be Affordable | Big Picture Podcast with Ken Raiss

Why Our Politicians Don't Want Housing to Be Affordable | Big Picture Podcast with Ken Raiss

Published 8 months ago
Description

Let's be honest — if our politicians really wanted housing to be affordable, it would be by now.

They've had decades to fix it. There have been inquiries, commissions, roundtables, and billions thrown at so-called "affordability schemes."

And yet, what do we have? Record house prices, record rents, and a generation of young Aussies wondering if they'll ever own a home.

Maybe — just maybe — that's not an accident.

In today's Big Picture episode, Ken Raiss and I unpack why the housing affordability crisis isn't a policy failure... it's the system working exactly as designed.

We'll explore why politicians can't afford for property prices to fall, how government policy quietly rewards property owners, and what that means for investors like you.

Takeaways

· Housing affordability remains a critical issue in Australia.

· Government policies often prioritize property value stability over affordability.

· Cultural perceptions link home ownership to success in Australia.

· A significant percentage of politicians own property, influencing housing policies.

· Consumer confidence is low despite some economic improvements.

· Investors should focus on strategic property purchases.

· Wealth advisory services can help investors navigate complex markets.

· Economic uncertainty can create opportunities for savvy investors.

· Long-term planning is essential for property investment success.

· Education and preparation are key for investors to capitalize on market changes.

Chapters

02:07 - Why Politicians Can't Afford for Property Prices to Fall

04:59 - How Government Taxes Depend on Rising Property Values

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