Simon Pressley is the Managing Director of Propertyology (http://www.propertyology.com.au/) and one of Australia's most respected Buyers Advocates. Simon joins us this week on The Rentvesting Podcast and explains why Australia DOES NOT have an affordability crisis.
As a nation of almost 25 million people, spread across 8 states and hundreds of local government jurisdictions only one city has an issue with housing affordability. Simon explains that in every other city in Australia, capitals and regions, we can buy a property for less than $600,000, in most cases, closer to $400,000. Even in Sydney, where median house prices have pushed past the $1 million dollar barrier there are everyday Australian's who continue to enjoy a lifestyle and let the investment strategy do the heavy lifting.
So, you decide... do we really have a housing affordability issue?
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