2min chapter

The Joe Walker Podcast cover image

The Dogged Journalist Who (May Have) Pricked A Property Bubble - Adele Ferguson

The Joe Walker Podcast

CHAPTER

The Royal Commission's Analysis of the Australian Housing Market

The Royal Commission released the PwC Westpac data file in full. It had 400 and something files, people who had received mortgages. I can't say who shared this analysis with me but if you run a few adjustments on the file, it implies a 75% savings rate. That's probably the most hair raising thing I've seen in relation to the Australian housing market.

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