Eliza Owen | Should You Be Worried About Australia's Affordability Crisis?

A property boom is great for those who are already in the market - but is it really? 

Today, we’re joined by Eliza Owen, Head of Residential Research Australia at CoreLogic. We explore the answer to questions like, “What risks are rising prices masking?” and talk about F.O.M.O., whether or not having two homes is immoral, the wealth effect, the highlights of the recent Pain and Gain Report, and more!

If you enjoy 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 [email protected]!

See you in the episode!

 

Episode Highlights:

1. What is happening across the country in terms of property prices? [02:07]
2. Hobart: Defying common knowledge on population & wages [05:53]
3. Displacement by sea & tree changers & investors in regional areas [08:56]
4. Is it immoral to have two homes & practice borderless investing? [10:20]
5. What will happen once the mass exodus to regional areas ends? [14:01]
6. It is somewhat intentional that house prices are rising! [18:54]
7. Exploring the “wealth effect” [19:39]
8. Is the Australian property market too big to make it affordable? [22:34] 
9. The issue with demand and buying assets that will decrease in value [25:52]
10. What the ABS report says about the property most first home buyers go for [27:21]
11. Some interesting highlights from the recent Pain and Gain Report [28:35]
12. Factors that contribute to an extreme win (profit) [35:04]
13. Eliza’s take on making housing more equitable in Australia [38:26]
14. The local initiative to provide housing solutions [43:52]
15. Eliza’s property dumbo [45:53]

 

Link/s from the Show:

• CoreLogic: Australian Rents Increase at Fastest Annual Rate Since 2008
• CoreLogic: Australian Vendors in the Auction Box Seat Despite Lockdowns

 

About Eliza:

Eliza Owen is the Head of Residential Research Australia at CoreLogic. She has a wealth of experience in property data analysis and reporting. Eliza worked as an economist at Residex, a research analyst at Domain Group and previously as the commercial real estate and construction analyst at CoreLogic. Eliza is passionate about economics, and is a popular keynote speaker, having presented to thousands across the real estate, finance and construction sectors.

 

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: [email protected] 
• Send in your questions to: [email protected] 

Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/205

 

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