4: Australia's House Price Boom. Will It End In A Bust? Part 1

Part 1. Brendan Coates, Economic Policy Program Director of the Grattan Institutes joins Burgernomics host Ross MacDowell to discuss why Australia is experiencing a housing price boom. Topics discussed are the effects of interest rates, bank lending policies, the Reserve Banks $4bn per week Quantitative Easing program, local government’s restrictive policies limiting permits for new housing, the effects of COVID on the housing market, the home ownership market versus the rental market for those who don’t qualify for mortgages, migrants demand for housing and the difficulty of younger people entering the housing market.Want to dig deeper? Check out what Brendan recommends.A Model Of The Australian Housing Market by Saunders & Tulip https://www.rba.gov.au/publications/rdp/2019/2019-01/full.htmlHousing Affordability. Re-Imagining The Australian Dream by Daley & Coateshttps://grattan.edu.au/wp-content/uploads/2018/03/901-Housing-affordability.pdf