Love or Leverage? How Soaring House Prices Are Trapping Couples Together
Have you ever wondered how the housing market is shaping our most personal life choices? In today’s show Simon Küstenmacher and I explore fascinating new Australian research that reveals how rising property costs are affecting relationship dynamics, marriage stability, and even divorce rates. We discuss how soaring house prices may be locking individuals into unhappy marriages due to financial constraints, the trends in divorce rates, and the economic factors influencing marriage decisions. The conversation also touches on mental health implications, gender dynamics in marriage and divorce, and the broader societal impacts of housing economics on family structures. The episode concludes with reflections on the future trends in demographics and the ongoing influence of housing on personal relationships. Takeaways · Soaring house prices might be locking people into marriages. · Housing markets are reshaping family dynamics, not the other way around. · Divorce costs are just too high, influencing marital decisions. · The rate of divorce in Australia is at its lowest level since 1976. · High house prices can keep couples together, even if unhappy. · People marry if they expect benefits from marriage to exceed costs. · The lower income partner is often disadvantaged in divorce situations. · Women are increasingly outperforming men in education and income. · Housing economics plays a significant role in family dynamics. · Housing is shaping our relationships and families in profound ways. Chapters 00:00 The Impact of Housing Prices on Relationships 02:52 Divorce Rates and Economic Pressures 05:05 Marriage Trends and Demographic Changes 07:29 Cultural Narratives and Relationship Dynamics 10:15 Financial Implications of Divorce 13:01 Renting vs. Homeownership in Relationship Breakdowns 15:44 Mental Health and Relationship Satisfaction 18:26 Gender Dynamics in Marriage and Divorce 20:53 The Broader Implications of Housing Economics Links: The article mentioned in our show: Soaring house prices locking people into marriages https://theconversation.com/soaring-house-prices-may-be-locking-people-into-marriages-new-research-shows-260086 About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. https://www.tdgp.com.au/enquire About Michael Yardney Michael Yardney- founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results.
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From Gloom to Boom? The Housing Shift Facing Gen Z
Do you ever wonder what the future of housing looks like for Generation Z? Right now, many young Australians feel locked out of the property market – priced out, disillusioned, and deeply pessimistic about their financial futures. But what if the story isn’t all doom and gloom? If you're curious about what the housing market might look like in 2034 – and how demographic and economic forces could tilt things in Gen Z’s favour – today’s show is a conversation you won’t want to miss. Takeaways · Gen Z is the generation born between 2000 and 2017. · Mental health issues are prevalent among Gen Z, especially young women. · Gen Z will benefit from a tight job market and low unemployment. · Gender equality is expected to improve significantly for Gen Z. · Housing accessibility may improve as baby boomers downsize. · Government policies can influence housing supply and affordability. · First home buyer grants tend to drive up house prices rather than help buyers. · Tax reform is necessary to create a fairer housing market. · A shortage of tradies is impacting housing construction. · Innovation in housing construction is needed to reduce costs. Chapters 00:00 Introduction to Gen Z's Housing Future 04:48 Job Market Opportunities for Gen Z 06:46 Gender Equality and Its Impact on Gen Z 13:59 Critique of First Home Buyer Grants 17:36 Tax Reform and Its Challenges 20:55 The Need for More Tradies and Skilled Workers 22:13 Innovation in Housing Construction 25:15 Future Outlook for Gen Z in Housing About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. https://www.tdgp.com.au/enquire About Michael Yardney Michael Yardney- founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results.
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The housing revolution that could change gen Z’s gloomy outlook
Do you ever wonder what the future of housing looks like for Generation Z? Right now, many young Australians feel locked out of the property market – priced out, disillusioned, and deeply pessimistic about their financial futures. But what if the story isn’t all doom and gloom? If you're curious about what the housing market might look like in 2034 – and how demographic and economic forces could tilt things in Gen Z’s favour – today’s show is a conversation you won’t want to miss. Takeaways · Gen Z is the generation born between 2000 and 2017. · Mental health issues are prevalent among Gen Z, especially young women. · Gen Z will benefit from a tight job market and low unemployment. · Gender equality is expected to improve significantly for Gen Z. · Housing accessibility may improve as baby boomers downsize. · Government policies can influence housing supply and affordability. · First home buyer grants tend to drive up house prices rather than help buyers. · Tax reform is necessary to create a fairer housing market. · A shortage of tradies is impacting housing construction. · Innovation in housing construction is needed to reduce costs. Chapters 00:00 Introduction to Gen Z's Housing Future 04:48 Job Market Opportunities for Gen Z 06:46 Gender Equality and Its Impact on Gen Z 13:59 Critique of First Home Buyer Grants 17:36 Tax Reform and Its Challenges 20:55 The Need for More Tradies and Skilled Workers 22:13 Innovation in Housing Construction 25:15 Future Outlook for Gen Z in Housing About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. https://www.tdgp.com.au/enquire About Michael Yardney Michael Yardney- founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results.
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Who Will Replace the Baby Boomers? Rethinking Migration to Fill Australia’s Skills Gap
In this episode of Demographics Decoded, Simon Kuestenmacher and I discuss the significant impact of the baby boomer generation leaving the workforce and retiring. We examine the resulting skills gap, the challenges businesses encounter during leadership transitions, and the implications for various industries. The conversation also explores the role of AI and automation, the importance of strategic migration, and the necessity of effective business succession planning. Ultimately, we emphasise the opportunity for younger generations to step into roles and businesses left behind by retiring baby boomers, while also calling for a rethinking of Australia's approach to workforce and migration. If you're a business owner, policymaker, or just wondering what kind of Australia we’re building for the next generation, you’ll want to stick around and listen to today’s show. Takeaways · The retirement of baby boomers is creating a significant skills gap. · Businesses need to adapt to a younger workforce with different expectations. · Certain industries, like healthcare and education, are particularly affected by retirements. · AI and automation will not fill the labor gap left by retiring workers. · Migration needs to be strategic to address specific workforce shortages. · Baby boomers are often reluctant to sell their businesses, complicating transitions. · Younger generations have opportunities to acquire businesses from retiring owners. · Preparing for business succession is crucial for long-term success. · The aging population will require more aged care services in the future. · Australia's demographic shifts present both challenges and opportunities for the economy. Chapters 00:00 The Aging Workforce and Its Implications 03:02 The Skills Gap and Leadership Challenges 05:44 Industry-Specific Impacts of Retiring Baby Boomers 08:07 Migration and Its Role in Filling Workforce Gaps 11:05 The Future of Business Ownership and Succession 13:30 Opportunities for Young Entrepreneurs 16:11 Preparing for Business Succession 18:48 Conclusion: Rethinking Australia's Demographic Strategy About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. About Michael Yardney Michael Yardney- founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results. https://investor.metropole.com.au/strategic-property-plan/
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Will Young Australians Be Better Off Than Their Parents? Delay, Decline or Just Different?
In this episode of the Demographics Decoded Podcast, I explore with Simon Kuestenmacher and I ask the question – Will younger Australians be better off than previous generations. It’s a question that used to have a simple answer. But today, the path to prosperity seems murkier than ever. We discuss the wealth distribution dominated by baby boomers, the impact of education and income growth, the challenges of homeownership, and the role of technology and mental health in shaping the experiences of Gen Z. The conversation highlights both the opportunities and challenges faced by today's youth, ultimately suggesting a mixed but hopeful future. Takeaways · Younger generations are facing a more complex financial landscape. · Baby boomers hold a significant portion of Australia's wealth. · Education levels among young Australians have increased, but so has student debt. · Income growth for those under 40 has stagnated over the past two decades. · Homeownership rates for younger Australians are declining. · Gen Z may benefit from entering the workforce during a labor shortage. · Technology offers both advantages and challenges for mental health. · Social media addiction is impacting the self-worth of young people. · A massive wealth transfer from baby boomers to younger generations is expected. · The future for young Australians is uncertain but holds potential for improvement. Chapters 00:00 The Future of Younger Australians 06:28 Wealth Distribution and Generational Wealth 11:12 Education and Employment Trends 15:39 Homeownership Challenges 20:58 Mental Health and Technology Impact 25:48 Looking Ahead: Optimism for the Future About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. https://www.tdgp.com.au/enquire About Michael Yardney Michael Yardney- founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results.
About Demographics Decoded - Unveiling the trends shaping your future
Join leading demographer Simon Kuestenmacher and wealth and property investment expert Michael Yardney as they share Australian demographic shifts, trend analysis and social change insights to help business decision makers, entrepreneurs, and investors make informed decisions.
Each week, we bring you in-depth discussions about how demographics affects our future and actionable advice on demographic factors that influence property investment, business and industry and how to prepare for demographic and social changes in the next decade.
Whether you're a business leader, entrepreneur, or investor, our podcast equips you with knowledge to stay ahead of the curve.
In a rapidly changing world, empower your business and investment decisions with data-driven insights. By subscribing to Demographics Decoded, you gain access to:
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• Insights into the trends that will impact your business and investments.
• Strategies for leveraging demographic shifts to your advantage.
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