A housing shortage is the least of our problems according to Ross Elliot

2022-12-12

I remember several years back, there was a computer game called SimCity that allowed players to build civilizations from the ground up. As a player, you could build roads, water supplies, and industrial precincts as your city grew, and this would then attract workers whose taxes would allow you to continue to build your civilization, raise armies and conquer the world. However, if you failed to provide adequate infrastructure, community sentiment would go sour, residents would leave, civilizations would collapse, and then...

I remember several years back, there was a computer game called SimCity that allowed players to build civilizations from the ground up.
As a player, you could build roads, water supplies, and industrial precincts as your city grew, and this would then attract workers whose taxes would allow you to continue to build your civilization, raise armies and conquer the world.
However, if you failed to provide adequate infrastructure, community sentiment would go sour, residents would leave, civilizations would collapse, and then as a player, would have to start all over again.
With Australia’s population likely to grow to 40 million people by mid-century, to a degree, this is what could happen in the real world.

Is Australia going to adequately provided infrastructure for our significant population growth, and if not, what will that mean for our standard of living and our property markets?

That’s what I discuss in today's show with my guest Ross Elliot.

Links and Resources:

Michael Yardney

Ross Elliott – subscribe to Ross’ blog – The Pulse

Read Ross Elliott’s blogs on Property Update here

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Shownotes plus more here: A housing shortage is the least of our problems according to Ross Elliot

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