We’ve been hearing a lot of suggestions on how to solve housing affordability, and one that seems most logical to many (and often hotly debated) is to increase the supply of dwellings. While that might seem like the best way to go, making it happen is not as easy as it sounds.  Peter Tulip, Chief Economist at the Centre for Independent Studies, joins us to explore this issue and dispel some popular myths around housing affordability along the way. We also cover the impact negative gearing and CGT have on property prices and whether changing supply costs can do anything to lower demand. If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Why is housing “unaffordability” a big problem long term in Australia? [01:48] Did Covid contribute to the issue or was it bound to happen anyway? [03:05] Exchange rates & keeping interest rates lower for longer [06:44] Does the government really care about high house prices? [10:57]  The impact negative gearing and CGT have on house prices [13:08] How can we create equality so people can afford a home they want? [17:21]  Highrise development & its impact on neighbouring house prices [20:34] How much does a house's proximity to high-rise buildings impact affordability? [24:58] Planning restrictions can cause other issues beyond housing affordability [28:28] Could the planning controls protect a property’s future value? [31:08] Would changing construction & supply costs do anything to lower demand? [33:22] Should you worry about short-term demand wiping out additional stamp duty savings? [35:04] How can we reconcile the 2-speed market of established vs. new stock? [37:52] Why would you enter a property market with the potential to lose money? [41:37] The power a country’s Reserve Bank has overall [45:15] Is printing more money inevitable for countries with negative interest rates? [46:29] Will migration save the Australian property market & economy? [48:19] What is the Falinski Inquiry trying to achieve? [50:50] Peter’s property dumbo [53:08]   Link/s from the Show: Peter’s recent work Peter’s Earlier Research   About Peter Peter Tulip is the Chief Economist at the Centre for Independent Studies. He’s previously worked in the Research Department of the Reserve Bank of Australia and before that at the Federal Reserve Board of Governors. His recent research focuses on housing and monetary policy.   Connect with Us: Looking for a Sydney Buyers Agent?

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