
68. Economist Dr Cameron Murray - Scrapping Super, Affordable Housing, Inflation and Political Corruption
Aussie Firebug
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What Are Your General Thoughts on Residential Property in Australia?
I think we've spent enough time on super. Let's talk about Australia's favourite pastime, and that is none other than property. So high level question to begin with, what are your general thoughts about residential property in Australia? Or if that's too broad of a question, maybe let's laser in on Melbourne and Sydney markets because that's where the majority of the audience listening are. Yeah, well, we just had a massive boom. This was a global boom brought about by the low interest rates of COVID and the fiscal stimulus. And I am willing to bet that prices are more likely to rise 20% than 4%, 20% in the next 18 months. But then again
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