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In this episode, Konrad and James chat with Dr. Cameron Murray, an economist and academic who specializes in housing markets. They explore the complex causes behind Australia's housing affordability crisis, including the roles played by immigration policy, property developers, monetary policy, government regulation, and public attitudes.
Dr Cameron Murray - Book: The Great Housing Hijack
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Punter Citations
Janda, M. (2023, March 22). How a surge in overseas buyers could hit property investors. ABC News. https://www.abc.net.au/news/2023-03-22/foreign-buyers-return-hit-property-investors-apra/102108332
Macrobusiness. (n.d.). Australian mortgages world's most painful. https://www.macrobusiness.com.au/2022/10/australian-mortgages-worlds-most-painful/
Tulip, P., & Saunders, T. (2019). Australia's high house prices damage economic productivity, financial stability and equity. The Conversation. https://theconversation.com/australias-high-house-prices-damage-economic-productivity-financial-stability-and-equity-126972
Ryan, M. (2022). Inheritocracy: The lasting generational advantages of home ownership. The Money. https://www.savings.com.au/news/inheritocracy-the-lasting-generational-advantages-of-home-ownership
Sas, N. (2022, May 17). Property developers are among the biggest political donors in Australia, but should they allowed to be? ABC News. https://www.abc.net.au/news/2022-05-17/property-developer-donations-australia-politics/101061016
Australian Bureau of Statistics. (2022). Owning a home has decreased over successive generations. https://www.abs.gov.au/media-centre/media-releases/owning-home-has-decreased-over-successive-generations
Wolfe, C. (2023, March 15). Inside Prime Minister Anthony Albanese's $5 million property portfolio. News.com.au. https://www.news.com.au/finance/real-estate/buying/inside-prime-minister-anthony-albaneses-5-million-property-portfolio/news-story/c44a4e909214dedc33a2b1eed6fd5680
Buwaneka, A. (2022). Annual Income To Afford A House In Australia Over $150,000. SavingNinja.net. https://www.savingninja.net/blog/annual-income-to-afford-a-house-in-australia-over-150000
Fernando, G., & Mao, F. (2022, April 14). Politicians and their property portfolios: how many do they own? SBS The Feed. https://www.sbs.com.au/news/the-feed/article/politicians-and-their-property-portfolios-how-many-do-they-own/k0a1nj3ry