Episode Details

For decades we've celebrated rising house prices in Australia. If your home was worth more this year than last, life felt a bit easier.

Politicians were happy, banks were happy, homeowners were happy.

But after 50 years of almost uninterrupted price growth, we need to ask a harder question: Is it actually good for us if housing just keeps getting more expensive?

The answer, of course, depends on who you are.

Because rising prices have created a lot of winners in Australia: homeowners, investors, banks, governments, tradies, and retailers.

But they've also created a growing group of losers – renters, younger Australians, essential workers, small businesses, and even the future middle class.

So today leading demographer Simon Kuestenmacher and I discuss the question question almost no one in property likes to touch – not "will housing prices keep rising?" but "how expensive do we actually want housing to be?"

Takeaways

• House prices double every decade.
• Homeowners and banks benefit from rising values.
• First home buyers face hidden costs.
• Government policies sustain high prices.
• Demographics reshape housing market.
• Property prices are political choices.
• Sustainable growth beats boom cycles.
• Baby boomer exits affect prices.
• Wealth disparity impacts society.
• Strategic planning ensures property wealth.

Links and Resources:

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