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Housing Hostages: Time for a crash?
Manage episode 469784352 series 2071258
Content provided by Australian Broadcasting Corporation. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Australian Broadcasting Corporation or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Has a housing bubble ever burst without devastating pain across the economy and society?
New Zealand is in a recession and home values are more than 17 per cent lower than the post-COVID peak. In Ireland, a massive house price surge and crash in the 2000s saw house prices in Dublin more than half.
So, does Australia need a crash and what would that mean for all of us?
Some economists think recessions are needed occasionally to reset the economy. In this episode ABC business editor Michael Janda explains how a shock wave would ripple through the economy if the housing bubble bursts.
Is the medicine worth the pain?
2180 episodes
Share
Manage episode 469784352 series 2071258
Content provided by Australian Broadcasting Corporation. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Australian Broadcasting Corporation or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Has a housing bubble ever burst without devastating pain across the economy and society?
New Zealand is in a recession and home values are more than 17 per cent lower than the post-COVID peak. In Ireland, a massive house price surge and crash in the 2000s saw house prices in Dublin more than half.
So, does Australia need a crash and what would that mean for all of us?
Some economists think recessions are needed occasionally to reset the economy. In this episode ABC business editor Michael Janda explains how a shock wave would ripple through the economy if the housing bubble bursts.
Is the medicine worth the pain?
2180 episodes
All episodes
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Similar to ABC News Daily
Hosted by Ryan Warner and Chandra Thomas Whitfield, CPR News' daily interview show focuses on the state's people, issues and ideas.
…
continue reading
Background Briefing brings you true stories not everyone will want you to hear.
…
continue reading
KQED's statewide radio news program, providing daily coverage of issues, trends, and public policy decisions affecting California and its diverse population.
…
continue reading
The Jacaranda FM News team is based in Gauteng – but covers local and international news of the day, providing the latest developments online and on-air. News bulletins run from 5am to 7pm weekdays, and from 7am to 6pm on weekends and public holidays. Tune into Jacaranda FM, or log on to www.jacarandafm.com, for the news you need to know.. now.
…
continue reading
Join Larry Mantle weekdays for lively and in-depth discussions of Los Angeles and Southern California news, politics, science, entertainment, the arts and more. More AirTalk at www.kpcc.org.
…
continue reading
An investigative podcast hosted by ABC journalist Rachael Brown, Trace examines the fractures in Australia's criminal justice system, and the decades-long ripples they have caused.
…
continue reading
Today, Explained is Vox's daily news explainer podcast. Hosts Sean Rameswaram and Noel King will guide you through the most important stories of the day. Part of the Vox Media Podcast Network.
…
continue reading
The government has ordered an investigation into the fire that forced Heathrow airport to close.
…
continue reading
A summary of today's impactful news stories from around the world hand-picked by our staff at TRT World.
…
continue reading
Our flagship daily news show, where we talk to in-house experts about what is going on and why you need to care about it.
…
continue reading
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Go offline with the Player FM app!
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