From Gloom to Boom? The Housing Shift Facing Gen Z
Description
Do you ever wonder what the future of housing looks like for Generation Z?
Right now, many young Australians feel locked out of the property market – priced out, disillusioned, and deeply pessimistic about their financial futures.
But what if the story isn’t all doom and gloom?
If you're curious about what the housing market might look like in 2034 – and how demographic and economic forces could tilt things in Gen Z’s favour – today’s show is a conversation you won’t want to miss.
Takeaways
· Gen Z is the generation born between 2000 and 2017.
· Mental health issues are prevalent among Gen Z, especially young women.
· Gen Z will benefit from a tight job market and low unemployment.
· Gender equality is expected to improve significantly for Gen Z.
· Housing accessibility may improve as baby boomers downsize.
· Government policies can influence housing supply and affordability.
· First home buyer grants tend to drive up house prices rather than help buyers.
· Tax reform is necessary to create a fairer housing market.
· A shortage of tradies is impacting housing construction.
· Innovation in housing construction is needed to reduce costs.
Chapters
00:00 Introduction to Gen Z's Housing Future
04:48 Job Market Opportunities for Gen Z
06:46 Gender Equality and Its Impact on Gen Z
13:59 Critique of First Home Buyer Grants
17:36 Tax Reform and Its Challenges
20:55 The Need for More Tradies and Skilled Workers
22:13 Innovation in Housing Construction
25:15 Future Outlook for Gen Z in Housing
About Simon Kuestenmacher
Simon Kuestenmacher is co-founder and Director – <span lang="EN-AU" style