With the economic headwinds caused by rising interest rates, ballooning inflation, and wage stagnation, is it time for the majority to face reality and retire the great Australian dream of home ownership? 

Are government initiatives enough to ease the housing affordability crisis? Will there be any real housing policy changes after the elections? What should homebuyers do as prices increase? 

Brendan Coates, the Economic Policy Program Director at Grattan Institute, joins us in today’s episode to help us understand the economics behind the housing affordability crisis, government responses, inflation, and more.

If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at questions@theelephantintheroom.com.au!

See you in the episode!



Episode Highlights:
Insights on election pitches around housing [02:05]
Housing shortage & the lack of first home buyers [05:19]
Will Australia see any REAL housing policy changes anytime soon? [10:02]
Will the rate of renters in retirement go down eventually? [16:12]
The myth around the demographic of first home buyers [19:43]
Western Australia’s and Victoria’s housing schemes [24:27]
Should you worry about inflation and rising interest rates? [30:58]
Financial moves homebuyers should do amid the inflation [36:49]
What’s driving house prices to go up? [41:15]
Can we ever go back to a low-interest world? [46:50]
Why have wages in Australia stagnated? [53:26]
Defining productivity from an economic perspective [56:05]
What’s causing the inflation in Australia? [01:01:30]
Does Australia have a short term migration problem? [01:05:25]



About our Guest:

Brendan Coates is the Economic Policy Program Director at Grattan Institute, where he leads Grattan’s work on tax and transfer system reform, retirement incomes and superannuation, housing, macroeconomics, and migration.




Links from the show:
Ep 89: Australia's home ownership crisis
Ep 124: The new normal: will your household finances hold up?
Ep 153: Accessing super for home buying? Do it or don’t?
Ep 195: Is Australia Ready to Reopen?
Grattan: Shared equity is a start…



Connect with Us:
Looking for a Sydney Buyers Agent? www.gooddeeds.com.au
Work with Veronica: https://linktr.ee/veronicamorgan
Looking for a Mortgage Broker? www.wealthful.com.au
Work with Chris: hello@wealthful.com.au
Send in your questions to: questions@theelephantintheroom.com.au



Find this episode on our website:
https://www.theelephantintheroom.com.au/podcasts/234



If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!

With the economic headwinds caused by rising interest rates, ballooning inflation, and wage stagnation, is it time for the majority to face reality and retire the great Australian dream of home ownership? 
Are government initiatives enough to ease the housing affordability crisis? Will there be any real housing policy changes after the elections? What should homebuyers do as prices increase? 
Brendan Coates, the Economic Policy Program Director at Grattan Institute, joins us in today’s episode to help us understand the economics behind the housing affordability crisis, government responses, inflation, and more.
If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a>!
See you in the episode!
 
Episode Highlights:
<ol>
<li aria-level="1">Insights on election pitches around housing [02:05]</li>
<li aria-level="1">Housing shortage &amp; the lack of first home buyers [05:19]</li>
<li aria-level="1">Will Australia see any REAL housing policy changes anytime soon? [10:02]</li>
<li aria-level="1">Will the rate of renters in retirement go down eventually? [16:12]</li>
<li aria-level="1">The myth around the demographic of first home buyers [19:43]</li>
<li aria-level="1">Western Australia’s and Victoria’s housing schemes [24:27]</li>
<li aria-level="1">Should you worry about inflation and rising interest rates? [30:58]</li>
<li aria-level="1">Financial moves homebuyers should do amid the inflation [36:49]</li>
<li aria-level="1">What’s driving house prices to go up? [41:15]</li>
<li aria-level="1">Can we ever go back to a low-interest world? [46:50]</li>
<li aria-level="1">Why have wages in Australia stagnated? [53:26]</li>
<li aria-level="1">Defining productivity from an economic perspective [56:05]</li>
<li aria-level="1">What’s causing the inflation in Australia? [01:01:30]</li>
<li aria-level="1">Does Australia have a short term migration problem? [01:05:25]</li>
</ol>
 
About our Guest:
Brendan Coates is the Economic Policy Program Director at Grattan Institute, where he leads Grattan’s work on tax and transfer system reform, retirement incomes and superannuation, housing, macroeconomics, and migration. 
 
Links from the show:
<ul>
<li aria-level="1"><a href="https://www.theelephantintheroom.com.au/podcasts/089">Ep 89: Australia's home ownership crisis</a></li>
<li aria-level="1"><a href="https://www.theelephantintheroom.com.au/podcasts/124">Ep 124: The new normal: will your household finances hold up?</a></li>
<li aria-level="1"><a href="https://www.theelephantintheroom.com.au/podcasts/153">Ep 153: Accessing super for home buying? Do it or don’t?</a></li>
<li aria-level="1"><a href="https://www.theelephantintheroom.com.au/podcasts/195">Ep 195: Is Australia Ready to Reopen?</a></li>
<li aria-level="1"><a href="https://thenewdaily.com.au/finance/property/2022/05/04/shared-equity-housing-grattan-institute/">Grattan: Shared equity is a start…</a></li>
</ul>
 
Connect with Us:
<ul>
<li aria-level="1">Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au/">www.gooddeeds.com.au</a></li>
<li aria-level="1">Work with Veronica: <a href="https://linktr.ee/veronicamorgan">https://linktr.ee/veronicamorgan</a></li>
<li aria-level="1">Looking for a Mortgage Broker? <a href="https://www.wealthful.com.au/">www.wealthful.com.au</a></li>
<li aria-level="1">Work with Chris: <a href="mailto:hello@wealthful.com.au">hello@wealthful.com.au</a> </li>
<li aria-level="1">Send in your questions to: <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a> </li>
</ul>
 
Find this episode on our website: <a href="https://www.theelephantintheroom.com.au/podcasts/234">https://www.theelephantintheroom.com.au/podcasts/234</a>
 
If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!

Who's really in control when you buy a property?

The Elephant In The Room is where the things that no one wants to talk about, actually get talked about.  

Veronica Morgan, real estate agent, buyers agent and co-host of Foxtel’s Location Location Location Australia & Chris Bates, financial planner, mortgage broker and wealth coach have joined forces to find out what’s really going on in the world of real estate.

Veronica and Chris talk to property owners and buyers every day in their respective lines of business. They’ve observed a wide spectrum of confidence in people’s decision making ability when buying and selling property, often to the detriment of the individuals concerned. They are both fascinated by consumer behaviour and together they’re going to uncover who’s really making the decisions when you buy a property.

In each episode they get into the psyche of buyers, agents, auctioneers and other industry experts to learn the truth about how buyers are influenced and why they do the things they do. In every episode you’ll learn from the mistakes of a “property dumbo” as well as Chris & Veronica’s “elephant rider bootcamp” training session.

The plan? This property podcast has been created to help us all make better property decisions!

We talk about the things no one wants to talk about in the Property Market

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