The Elephant in the Room
The property podcast for the thinking person.

Episodes

Episode 269: What Drives Real Estate Cycles: Insight into Booms and Busts

Real estate cycles can be challenging to navigate, but understanding what drives them is crucial for anyone wanting to succeed in the industry.

In this episode, we dive into the complex interplay of factors that contribute to the booms and busts of the housing market. Our guest, Eliza Owen, Head of Research at CoreLogic Australia, shares her data-driven insights to help you make sense of the current state of the Australian housing market.

Join us as we explore the impacts of inflation trends, the surprising effects of the pandemic on human behaviour, and more! 

If you want to stay ahead of the curve in the ever-changing real estate industry, make sure to tune in to this episode - it's one you definitely won't want to miss!

Episode Highlights:

00:00 - Welcome to The Elephant in The Room Property Podcast!

01:19 - Our guest for today, Eliza Owen

02:31 - Dangers of past trends vs focusing on high-frequency metrics in real estate markets

06:44 - Surprising impacts of the pandemic on human behaviour and property markets

12:38 - Homeowners explore alternatives to selling amidst pandemic

15:06 - Inflation trends and their impact on the housing market

18:22 - Exploring the unpredictable factors fueling Australia's inflationary spikes

20:04 - Understanding the boom and bust of the expensive property markets in Australia

23:32 - Why Perth and Adelaide are emerging as unexpected property hotspots

29:29 - The importance of context in understanding property transactions

37:22 - Understanding the correlation between medians and home value index

41:00 - How 2023 is looking for Eliza

43:44 - How build-to-rent is reshaping the rental property landscape

45:41 - Can corporations solve Australia's affordable housing crisis?

46:37 - Can better housing availability improve retirement security for renters?

48:06 - Housing affordability crisis in Australia: Proposed solutions and challenges

56:49 - Eliza’s recent property Dumbo

About Eliza Owen:

Eliza Owen is an experienced property data analyst with a background in economics. She has worked for Residex, Domain Group, and CoreLogic, specializing in descriptive and inferential data analysis, data visualization, and framing data trends with broader economic concepts. Eliza is also a passionate communicator who explains economic concepts to diverse audiences. She has presented on the TEDX stage, written for prominent publications, and been a regular commentator on commercial radio and television. Eliza is a popular keynote speaker, having presented to audiences in real estate, construction, banking and finance, property development, and consumer markets.


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Chris Batesde-index