Is Supply the Answer to Australia's Property Woes? | Chris Leishman, Professor of Property and Housing Economics

From The Elephant In The Room Property Podcast | Inside Australian Real Estate Chris Bates

The housing affordability crisis in Australia is putting immense pressure not only on home buyers and owner-occupiers but now on renters as well...

Is the solution to Australia's property woes really just to build build build?

In this episode, Chris Leishman, professor of Property and Housing Economics, joins us to talk about the current housing and rent affordability crisis… How should our policymakers address this worsening issue in the housing market?

We also discuss the state of declining economic productivity, possible policies and plans for social and public housing, and what millennials think of owning housing assets.

If you enjoyed 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:

The worsening rental affordability crisis [02:37]
The future of working from home [06:46]
How to model housing need [11:50]
Is the supply shortage the main problem behind the affordability crisis? [14:08]
The practicality of implementing the vacancy tax [21:24]
Will a reverse mortgage be helpful? [23:55]
The dispensability of properties in Australia [27:05]
The state of Australian productivity [31:24]
How to move forward with public housing [38:45]
Long-term solutions for the housing crisis [43:23]
Will higher interest rates slow down inflation? [52:22]
Chris’ property Dumbo [56:02]

About our Guest:

Chris Leishman is a professor of Property and Housing Economics at the University of South Australia. He is also a non-executive director of Housing Choices Australia – a not for profit community housing provider active in South Australia, Western Australia, Victoria, New South Wales and Tasmania.

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