The Big Bubble: Will the housing crisis ever end?
13 September, 2018
Chippendale, NSW, Australia
About
The Big Bubble: Will the Australian housing crisis ever end?
For the better part of a decade, commentators have said that we are living in a real estate bubble that will inevitably burst. But as housing prices continue to soar and wages stagger behind inflation, others argue that the historical upward trend in house prices will prevail.
While this endless speculation about the future of the real estate market has become something of a national pastime, a stark political-economic reality has emerged: homeownership is no longer affordable for most Australians.
As young adults defer leaving the family home, as the size of mortgages proportional to salaries puts pressure on standards of living, as a generation of young Australians are consigned to ‘permanent renter’ status, realities once thought unimaginable in this country are becoming the norm.
As part of the Festival of Urbanism 5, the expert panel including Sociologist and Associate Professor Melinsa Cooper, Urban planner Professor Peter Phibbs and economist, Eliza Owen — will interrogate the affordability crisis and offer new ways of thinking about how we could live better.
Panel speakers:
Associate Prof. Melinda Cooper – Sociology
Prof. Peter Phibbs – Architecture, Design and Planning
Eliza Owen – Commercial Research Analysis, CoreLogic
Date and time: Thursday 13 September, 6:00 pm – 8:00 pm.
Location: The Old Rum Store, 2-10 Kensington Street, Chippendale, NSW, Australia.
Cost: $15-$25 – Includes catering by Eastside Grill.
Registration essential. Please purchase tickets here.
About the Festival of Urbanism 5
View the full program here.
