Sydney Property Insider Podcast

This week, we dive in to the housing affordability issue in Sydney. Michelle shares some survey results and contrasts the way Sydney is tackling the issue to the way Singapore has looked to provide solutions to their own problems. Marcus provides an example of borrowing power and how to potentially increase it with some quick fixes.   HERE’S WHAT YOU’LL LEARN FROM TODAY’S EPISODE:   Population growth through 2050; How all five major cities in Australia ranked in the Demographia International Housing Affordability Survey; How many developments are built as a speculative financial asset rather than purpose built housing; Housing affordability relative to wages and other expenses over the past 30 years; Social and health impacts that lack of affordability has caused; How Singapore has tackled its own problems with affordability; How the first home buyer concessions may artificially inflate prices for first home buyers; The public’s attitude to affordability and how that has changed over the past decade; A bank’