Australia, Explained21 Dec 2021

Housing Horrors and 2021 Finale

In this episode of Australia, Explained, we break down the housing crisis in Australia: how it started, how it’s currently going and what the future holds. We discuss housing prices, interest rates and wage growth as major areas of concern.

Disclaimer — The information in this episode is for general information only. It should not be taken as professional advice from Australia, Explained. You should consider seeking independent legal, financial, taxation or other advice to check how the podcast information relates to your unique circumstances. Australia, Explained is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this podcast.

Bits and pieces mentioned:

Home Ownership Census Data

Why have housing prices increased?

Housing prices vs. wage growth

This week, Tania recommended different micro-investing apps such as Raiz or Spaceship that may help you invest in other asset classes besides property. Vanessa recommended an article by the ABC about the housing price boom in Queensland and how it’s affected the rental market.

If you’re new to Australia, Explained, we are a weekly news podcast dedicated to helping Aussies get on top of things Down Under. You can support us by clicking ‘Subscribe’ or ‘Follow’ on your preferred podcast app, leaving a review, and most importantly - share this podcast with your friends!

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Audio and sound production: Liam Unwin @astriidastriidastriid

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