Can A Housing Downturn Improve Australia’s Productivity?
About this episode
The episode discusses the implications of falling home prices in Australia and how a housing downturn might affect productivity.
We had more data this week, continuing to build out the picture of falling home prices, reaching more suburbs, and taking a deeper dive. For many this is shocking, after all, the belief in the one-way street of property price rises was deeply entrenched. But perhaps this is now changing. For example, the latest Westpac-Melbourne … Continue reading "Can A Housing Downturn Improve Australia’s Productivity?"
People in this episode
Host: Martin North
Topics covered
- housing market
- productivity
- economic downturn
- home prices
- real estate
Keywords
- housing downturn
- Australia
- productivity
- home prices
- real estate market
Mentioned in this episode
Organizations: Westpac-Melbourne
Places: Australia
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