Why are home prices soaring?

House prices in Australia are climbing at rates we’ve seldom seen. In all age groups, there is more renting and less home ownership than there used to be. Is housing supply part of the problem?

Guests:

Peter Tulip, Chief Economist, Centre for Independent Studies and former senior research manager at the Reserve Bank of Australia

Cameron Murray, Research Fellow, Henry Halloran Trust, University of Sydney

Rachel Ong ViforJ, Australian Research Council (ARC) Future Fellow, Professor at the School of Accounting, Economics and Finance, Curtin University