It's No Secret

63. Why Your House is For Living In, Not For Growing Wealth

December 20, 2023 Season 4 Episode 63
63. Why Your House is For Living In, Not For Growing Wealth
It's No Secret
More Info
It's No Secret
63. Why Your House is For Living In, Not For Growing Wealth
Dec 20, 2023 Season 4 Episode 63

In today's podcast episode, we’ll be chatting about a very spicy topic, which is why your home is for living in and not for growing wealth.

This statement is one that came from a certain Instagram post from the Guardian sharing that ‘Australian housing wealth is meaningless, destructive and fundamentally changing our society:

Cat jumped on the IG stories, and had a great response to this from her followers, so here we are. Ready to discuss.

Specifically, we chat about:

  • The data about the Australian housing market and how it's changed over three generations
  • What the possible implications are if you were to solely build your wealth through property
  • Why property wealth is heavily skewed towards families who own properties already
  • The arguments as to why our society should start considering other investments outside of property 

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

Show Notes

In today's podcast episode, we’ll be chatting about a very spicy topic, which is why your home is for living in and not for growing wealth.

This statement is one that came from a certain Instagram post from the Guardian sharing that ‘Australian housing wealth is meaningless, destructive and fundamentally changing our society:

Cat jumped on the IG stories, and had a great response to this from her followers, so here we are. Ready to discuss.

Specifically, we chat about:

  • The data about the Australian housing market and how it's changed over three generations
  • What the possible implications are if you were to solely build your wealth through property
  • Why property wealth is heavily skewed towards families who own properties already
  • The arguments as to why our society should start considering other investments outside of property 

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz