Macro Breakdown #2: Immigration’s impact on house prices
Advertisement
In my second Macro Breakdown, I discuss immigration’s impact on Australian house prices.
This follows Dr Shane Oliver’s recent comments that Australia’s “massively increased” immigration intake in the 2000s is a key reason why Australian house prices have risen more strongly (and are more unaffordable) than most other nations.
Unfortunately, the mouse pointer – used to better explain/highlight the charts – did not record this time around. I hope to have this fixed for the next video.
Advertisement
The Macro Breakdown series, which I plan to deliver several times a week, will reside on my YouTube channel at Leithvo.
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.