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.
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