Season 1 · Episode 341
Australian House Prices. That old Chestnut.
In this lengthy discussion on Australian house prices Steve admits its no longer a priority issue, but it is creating a divided nation with no clear way out.
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
March 8, 202352m 53s
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Show Notes
At the end of this week’s mega-long episode of the Debunking Economics Podcast Steve Keen admits he longer sees Australian house prices as the most important issue on the planet. But it, along with private schools, continues to occupy dinner party conversations in many Australian households. So, with prices now falling, will they spiral down further as the RBA continues to lift interest rates. Or will they, as often seems to happen will they slow for a while than pick back up as inflation slows? This week Phil and Steve examine the growing wealth divide in Australia, driven by those who bought property early enough, and those who missed out and can’t get on the ladder.
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