Nowhere to move: The hidden driver of rising house prices
The Money Puzzle · The Australian
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Show Notes
We tend to discuss the nation's rental crisis in terms of the difficulties faced by young renters: But a one per cent vacancy rate also means anybody selling a home will find it difficult to rent in between selling and buying.This relatively new dynamic in the market also explains why it's Australia's hottest markets such as Brisbane and Perth where there is the least number of homes for sale.No wonder investors are returning to the property market.
Cameron Kusher of Kusher Consulting joins James Kirby - Associate Editor, Wealth in this episode.
In today's show, we cover:
- The hidden factor that keeps pushing home prices higher
- Standby for a lengthy interest rate freeze
- The damage caused by a universal first home deposit scheme
- Why the 'Millionaire next door' still has a message for all investors
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