It feels like every year we're told that the Australian property bubble is about to burst and we should all be poised to rush out and buy our dream home at a bargain price, but could this actually be a reality in 2022 and beyond?

Philip Lowe, the Governor of the Reserve Bank of Australia has hinted that record low interest rates could finally rise later this year, but while that should slow down house prices, it would also mean more expensive mortgages, so who really benefits?

The Quicky speaks to a housing market expert to find out what it would actually mean for both buyers and sellers if the much anticipated drop in property prices actually happens in the not-too-distant future.

CREDITS 

Host: Claire Murphy

With thanks to: 

Dr Nicola Powell - Chief of Research & Economics for Domain

Producer: Claire Murphy

Executive Producer: Siobhán Moran-McFarlane

Audio Producer: Ian Camilleri

Subscribe to The Quicky at... https://mamamia.com.au/the-quicky/

CONTACT US

Got a topic you'd like us to cover? Send us an email at [email protected]

GET IN TOUCH:

Feedback? We’re listening! Call the pod phone on 02 8999 9386 or email us at [email protected]

Mamamia acknowledges the Traditional Owners of the Land we have recorded this podcast on, the Gadigal people of the Eora Nation. We pay our respects to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander cultures.

Just by reading or listening to our content, you’re helping to fund girls in schools in some of the most disadvantaged countries in the world - through our partnership with Room to Read. We’re currently funding 300 girls in school every day and our aim is to get to 1,000. Find out more about Mamamia at mamamia.com.au 

Become a Mamamia subscriber: https://www.mamamia.com.au/subscribe

See omnystudio.com/listener for privacy information.