Today Simon Kuestenmacher and I explore why young Australians are increasingly delaying their dreams of homeownership.
We've all heard about skyrocketing property prices and the challenges of securing a mortgage but, as you’ll hear, there's more to the story than just affordability.
Sure, property prices present a significant barrier, but we also examine lifestyle changes, such as extended periods in education and the prioritisation of experiences over material possessions, reshaping the housing market landscape.
We also discuss some very important demographic shifts, including the transition of millennials from urban rentals to suburban family homes, and highlight the rise of build-to-rent and co-living spaces.
Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.
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