Episode 6: Nerida Conisbee | Australian property market forecast, negative gearing, and housing affordability trends

In this episode, Peter Esho sits down with Nerida Conisbee, Chief Economist at Ray White Group, to dissect the current state of the Australian property market. Drawing on extensive data from Ray White’s vast network, Nerida provides unique insights into how interest rate hikes, consumer sentiment, and recent budget announcements are cooling market activity. The conversation covers the growing challenges of housing affordability, the controversial debate surrounding negative gearing, and the shift in investor strategies toward yield-focused assets. Whether you are a first-home buyer navigating a complex landscape or an investor looking for the next move, this episode offers a comprehensive guide to what lies ahead in the next 6 to 12 months. Timestamped Chapters00:00 – Predicting the Australian property market's future00:29 – Introduction to guest economist Nerida Conisbee01:20 – Nerida’s professional background in property economics03:11 – Ray White Group’s expansive market vantage04:44 – Utilizing data to track property demand07:30 – Current market trends and cooling indicators08:43 – Impact of budget uncertainty on confidence11:12 – Global housing affordability and supply challenges14:04 – Divergent perspectives among young property seekers15:33 – Political implications of negative gearing changes17:28 – Institutional vs. mom-and-dad property investors20:30 – Strategic solutions for improving housing supply23:00 – The role of foreign property investment26:41 – Property price forecasts for major cities28:34 – Addressing the critical rental supply shortage29:38 – Investment advice: prioritizing yield and location31:37 – Importance of long-term home ownership security34:24 – Comparing modern housing to previous generations Hosted on Acast. See acast.com/privacy for more information.