The Australian housing market has had some underlying issues to say the least. There are so many factors to consider.
Historically, this housing market's been cyclical in nature. Dating back to 1836 😳 when Charles Darwin wrote about the high prices close to 200 years ago!
Today we are joined by Economist Dr. Cameron Murray, author of the book - The Great Housing Hijack.
Dr. Murray offers us his expert perspective tearing away the media market hype as he sheds light on the current housing market and how this story has been playing out for CENTURIES
Alongside a ton of other market trends and questions we dive into like:
Is it likely other states will follow suit of Victoria hiking up land tax?
Is the boom we've experienced just a result of the massive amount of money that's been pumped into the system?
Do you see growth or price falls over the next 12-24 months?
All that and so much more!
Dr. Murray shares with us his takes on several dynamics within the housing market that are causing a lot of friction, and how this friction is not a new thing.
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