{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"The Real Driver of Property Prices (It\u2019s Not Interest Rates) with Simon Kuestenmacher","description":"If you\u2019ve been following the headlines, you\u2019d be forgiven for thinking property markets rise and fall on the back of interest rates, government policy, or the latest migration numbers.   But when you step back and look at what really drives long-term property performance, a different story starts to emerge.   In fact, the biggest driver of property values isn\u2019t what most commentators focus on at all.   In today's show I speak with leading demographer Simon Kuestenmacher about the real drivers of property markets.   We explore why employment, not just population growth, is crucial for property value growth.   Simon and I discuss how job quality and security influence housing demand and investment.   We analyse the impact of demographic trends and local economies on property strategies.   Join us as we provide insights to help you make informed investment decisions.   Takeaways   \u2022 Employment growth drives property values more than population increases. \u2022 Local economies and job security boost housing demand and confidence. \u2022 Dual-income households significantly impact property prices and market dynamics. \u2022 Infrastructure linked to jobs supports sustainable economic growth. \u2022 Industry diversity strengthens local economies and property markets. \u2022 High-income jobs in city centres attract property investment. \u2022 AI and hybrid work models reshape property location preferences. \u2022 Defense spending boosts property markets in specific regions. \u2022 Long-term planning is crucial for understanding job quality and local economies. \u2022 Skilled, high-income households drive property market growth.   Links and Resources:   Answer this week\u2019s trivia question here - https:\/\/www.propertytrivia.com.au\/ \u2022        Win a hard copy of Negotiate, Influence, Persuade. \u2022        Every entry receives a copy of a fully updated Michael Yardney Property Report.   Michael Yardney \u2013 Subscribe to my Property Update newsletter here   Get the team at Metropole to help build your personal Strategic Property Plan. Click here and have a chat with us.   Simon Kuestenmacher: Australia\u2019s leading demographer and partner in the Demographics Group   Get a bundle of eBooks and Reports at: www.PodcastBonus.com.au     Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher \u2013 just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.   About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia   The Australian property market doesn\u2019t move in isolation - it\u2019s shaped by demographics, economic forces and long-term structural trends.   The Michael Yardney Podcast dives into: \u2022 Australian economic outlook \u2022 Demographic trends shaping housing demand \u2022 Population growth and migration impacts \u2022 Housing affordability debates \u2022 Interest rates and inflation \u2022 Supply shortages and construction cycles \u2022 Government policy and property markets \u2022 Future trends in Australian real estate \u2022 Strategic property investment planning   If you want to understand what\u2019s really driving property prices in Melbourne, Sydney, Brisbane and around Australia, and how to position your portfolio for the future, this podcast delivers data-driven insights and practical strategy.   Explore more at:https:\/\/propertyupdate.com.auhttps:\/\/metropole.com.au ","author_name":"Property Investment & Wealth Creation Australia | The Michael Yardney Podcast","author_url":"https:\/\/michaelyardneypodcast.com.au","html":"