How To

Are property developers the heroes or villains when it comes to the housing affordability crisis in Australia? It's a question that sparks lively debates and passionate opinions. The Supply Challenge:  Picture this: a high demand for housing and a limited supply. This imbalance drives prices up, making it increasingly challenging for aspiring homeowners to enter the market.

Housing affordability can be thought of as the relationship between average expenditure on housing and average household incomes. In an ideal world, household income and expenditure on housing would increase similarly over time due to inflation, resulting in fairly stagnant affordability. But of course, we know that this hasn’t been the case for Australia!

Recent years have seen an incredible explosion in the popularity of ‘short-stay’ rentals. Sites like Stayz, Vrbo and Airbnb have made it extremely simple for investors to experiment with short term renting in favour of conventional, long-term, rental agreements.

As we venture further into the digital age, a seismic shift in the conventional work setup — from traditional office environments to remote settings — is reshaping the landscape of our society and, by extension, the real estate market. In today’s article, we’re investigating a few of the defining trends at play, and discussing what they could mean for us as property investors.