The intergenerational wealth gap, driven partly by rising property values, is changing expectations and limiting life-style choices for younger Australians.
The security of home ownership is arriving later in life, if it is achieved at all. Family formation is delayed as the 2021 Census shows through a sharp rise in single people aged under 35s.
Emilie Dye is a Sydney-based economist and economic adviser who's personal experience of saving for a mortgage deposit is indicative of the home-ownership challenge faced by her generation.
In this conversation with Nick Cater, Dye looks at the issue from an economic, cultural and personal perspective.
Dye puts forward policy proposals based on Liberal principles by which state and federal governments could begin to bridge the wealth divide. The goal is to encourage wider home ownership and an Australia this is both more prosperous and fair.
Nick Cater is Executive Director of the Menzies Research Centre, presenter of the Watercooler podasts and video conservations and the host of Battlegrounds, a weekly program steamed on ADH TV and also available as a podcast.
Sign up for the Watercooler newsletter delivered to you inbox every Saturday for free: https://bit.ly/3SWMz3s
Support these podcasts by becoming a paid-up subscriber to the Menzies Research Centre from just $10 a month: https://bit.ly/3waNjZ4
Watch more discussions on the MRC YouTube Channel https://bit.ly/3SW7KTs
Email Nick Cater: watercooler@menziesrc.org
Checkout Nick Cater's Battleground on ADH TV: https://bit.ly/3SYAMl9
Listen to Listen to Nick Cater's Battleground podcast https://apple.co/3Aw2vmo
Information
- Show
- Published17 August 2022 at 12:27 am UTC
- Length33 min
- Episode97
- RatingClean