Perspectives: Episode 74 – The Weird Housing Market

In this episode, Escala Partners CIO, Tracey McNaughton, shares her views on the global housing supply shortage, its impact on the rental market and inflation and why the US housing market is so weirdly different to that in Australia or the UK. She also provides an update on the current earnings season in the US and why our emerging markets managers describe Abu Dhabi as "on fire".   (0:47) - Housing has been a big topic in Australia recently with a number of large builders going into administration (5:41) - Most mortgages in Australia are variable so when the Reserve Bank raises interest rates, we feel it almost immediately. (6:43) - Seems like most of the problem is on the supply side in the housing market. (8:13) - Banking turmoil in the US appears to have eased. Any lasting implications? (11:28) - The CIO team are currently in the middle of heat week. What are you hearing from your international equity managers? (13:15) - Earnings season in the US has begun, what are some of the key themes coming out?