413 | The Future of Price Growth in Australia
The Property Couch
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The Perpetual Question That Comes Up, Michael Ben
Property prices have done so well in terms of the rising tide right across the nation. And most of it has to do with the cost of money, because when you think about how money operates, the lower the cost ofmoney, you get asset appreciation. So that's exactly what we've had and now interest rates are coming back up is there going to be any growth? I'm super confident of a population of 35 million people in this country by 2050. The risk is always in those unskilled labor jobs and obviously automation and technology changes will be challenging for that lower income area. But again, property is a product of human interest and human behavior in the way in which we are proud of
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