Written by PBIE
29 November, 2019
Hear from Nucleus Wealth’s Head of Investment Damien Klassen, Head of Operations Tim Fuller, and founder of Digital Finance Analytics, Martin North as they cover “Australia’s Housing Market Dilemma”.
Key issues covered in the podcast:
– A retrospective on the foundations of the last boom and recent bust.– Why free credit is at the root of the problem.– What is a long term sustainable multiple of housing prices to income levels.– Are unemployment trends more powerful than cheap credit?– Lessons from the Perth market collapse. Will the east costs follow the west?– Without a development boom can housing prices continue to rise? Will the drought tip us over?– The impact of building defects and fewer overseas buyers on high rise demand.– Is a doubling of property prices every 7 years a myth?– Will stocks outperform property with quantitative easing at play in 2020?– Will Australian banks shift to a medium term period of poor profits as we move to zero interest rates?– Which regulator has sharper teeth… ASIC, APRA or Austrac?– Views on the FHB 95% guaranteed scheme.– Sydney is a tale of two cities with premium areas rising and peripheral areas still falling, particularly units.– SMEs that support the contraction industry are down to a 3 day week (6 day week at top of boom).– Mortgage stress levels are a 2 year indicator for defaults…is this catching up with the Sydney market?