If you have actually been following the headings, you ‘d be forgiven for believing home markets fluctuate on the back of rates of interest, government policy, or the current migration numbers. 
But when you go back and take a look at what really drives long-term residential or commercial property efficiency, a different story starts to emerge.
In reality, the biggest motorist of home worths isn’t what many analysts concentrate on at all.
In today’s show I talk to leading demographer Simon Kuestenmacher about the real drivers of residential or commercial property markets.
We explore why employment, not simply population development, is crucial for residential or commercial property worth development.
Simon and I go over how task quality and security impact housing demand and financial investment.
We evaluate the impact of group patterns and local economies on residential or commercial property methods.
Join us as we provide insights to assist you make informed financial investment decisions.
Takeaways
– Work growth drives residential or commercial property worths more than population boosts.
– Regional economies and job security boost housing need and confidence.
– Dual-income families substantially impact property prices and market dynamics.
– Facilities linked to tasks supports sustainable economic growth.
– Industry diversity enhances local economies and residential or commercial property markets.
– High-income tasks in town hall attract residential or commercial property investment.
– AI and hybrid work designs improve home area preferences.
– Defense costs improves property markets in specific areas.
– Long-term planning is crucial for comprehending task quality and regional economies.
– Knowledgeable, high-income families drive home market growth.
Links and Resources:
Answer this week’s trivia question here – https://www.propertytrivia.com.au/
– Win a paper copy of Negotiate, Influence, Encourage.
– Every entry receives a copy of a completely upgraded Michael Yardney Property Report.
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Simon Kuestenmacher: Australia’s leading demographer and partner in the Demographics Group
Get a package of eBooks and Reports at: www.PodcastBonus.com.au
Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher– simply search for Demographics Decoded anywhere you are listening to this podcast and subscribe so weekly we can unveil the patterns forming your future. Or click on this link.