This episode understands the crucial role demographics is playing in shaping the real estate market in Australia. There's significance in understanding population growth, ageing demographics, and the skills gap in the workforce.
We delve into the changing dynamics of the housing market, particularly the impact of millennials entering the family formation stage and the implications of intergenerational wealth transfer.
This is a conversation you won’t want to miss. Tune into episode 221 of the Urban Property Investor now!
I discuss -
00:00 - Understanding the Big Six of Real Estate
03:27 - The Impact of Demographics on Real Estate
06:45 - Australia's Aging Population and Its Implications
12:04 - Skills Gap and Workforce Shortages
19:45 - The Rise of Knowledge Workers and Changing Job Market
27:09 - Millennials and the Shift in Housing Demand
35:17 - Intergenerational Wealth Transfer and Future Market Dynamics
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Take care,
Sam