Are there more winners than losers when house prices rise?

[@simonchristopherrule7313]

Great episode. I'm in the camp that is pissed off with both parties for exactly the reason outlined and will 100% not be voting for them.

[@emp731]

Yeah it's either Lib or Lab and has been since federation...What a total stich up of a system

[@leonie563]

Govts worldwide budgeted for them to die before getting the Aged Pension and here they are not only living off the Aged Pension but have Taj Mahal's 🏰 to get under the Asset Test and then can have $1.3million in assets outside the Taj Mahal before they lose pension. In meantime they are running around like demented bats trying to put it all in the younger wife's super or pull it out and put it bsck un so its tax free, so he get's the pension and they live off just the interest of 5% deemed at .25%, not a bad 4.75% tax cut if you can get it alongside CPI climbing Asset Test by $28,000 a year. Let's see what happens later this year when all the World's Treasurers vote to reform the welfare state shall we? Almost makes you want to throw them at the mercy of Brookfield, Bain Capital,Blackrock doesn't it, the carrion circling their super, inheritance, agedcare/palliative care homes....Healthscope, Estia...go look. Morrison era.

[@MichaelYardney]

@simonchristopherrule7313 thanks for watching

[@CookieMonster-wy4qb]

Terrific Michael ounce again great information! 👍🍪🧀

[@Andrew-hu1bx]

Are you able to speak properly for us all Cookie! We cannot understand you mate

[@CookieMonster-wy4qb]

@ Cause I can Andy pansy keep watching Michael advice & u can’t go wrong ! However if you want to drill down into things what’s your concern? Who am talking to Jack 0ff or Andy pansy or do we have spilt personalities ?🍪🪤

[@MichaelYardney]

@CookieMonster-wy4qb Glad you enjoyed it

[@emp731]

@@Andrew-hu1bx only worried about themselves by the looks of it...Whatever they can get out of it for themselves...At the country's expense...total betrayal. No shame.

[@JuvelynReyes-m3c]

Such an eye-opening episode! 👏 Simon and Michael really break down the complex issues around housing affordability, immigration, and the widening wealth gap in Australia. I found their analysis of government policies and how they impact young voters especially thought-provoking. They also highlight the importance of balancing housing supply and demand, which feels so relevant right now. 🏡 Definitely worth a listen if you want to stay informed about the big-picture factors shaping our housing market and economy,

[@MichaelYardney]

I'm glad your enjoyed it

[@emp731]

They can cut all the flowers down. But they cannot stop spring from arriving.

[@MichaelYardney]

@emp731 that's very poetic

[@emp731]

Is there more people and not enough houses?

[@MichaelYardney]

@emp731 You are correct - we're not building enough houses for our growing population

[@andrewbroome7404]

Winners: people up to their eyeballs in debt with multiple investment properties. People with 1 ppor that want to downgrade. Loosers: people with 1 ppor who want to upgrade to a more expensive house. FHB's. Next generation of Aussies. There are more loosers than winners in this government backed wealth transfer scheme

[@emp731]

smorgasbord for foreigners...

[@MichaelYardney]

@andrewbroome7404 if 70% of Australian families own homes, don't they benefit from rising values?

[@andrewbroome7404]

​@MichaelYardney not if they only own their ppor and want to upgrade to a more expensive place. If a $1m home doubles to $2m, a $2m home doubles to $4m in the same time and will cost twice as much to pay for it