Ep. 133 | Housing Affordability: Understanding the Causes, not just the Symptoms – Chat with Chris O’Dell, Manager of Research and Insights, NSW’s Department of Planning and Environment




The Property Couch show

Summary: Alright folks! Before we get into today’s chat, here’s the link to PIPA Annual Investor Sentiment Survey 2017: <a href="https://www.surveymonkey.com/r/H562587" target="_blank" rel="noopener">Fill in here.</a><br> Moving on, today we’re in for a special treat with a Government figure—who just so happens to be directly involved with the rules about what we build, planning the future story of housing in Sydney and all of NSW!<br> Yep that’s right. We’ve gone to the top! We have <a href="https://www.linkedin.com/in/chris-o-dell-b85b5b1a/?ppe=1">Chris O’Dell</a>—the man from <a href="http://www.planning.nsw.gov.au/Research-and-Demography">Research and Insights</a> in NSW’s Department of Planning and Environment on the show. Chris manages a very brainy team who provide analysis to support our strategic, OFFICIAL decisions. He absolutely loves his data, is extremely personable and open to the bigger and better plans (which are in the grapevine as we speak) for Sydney and NSW. Solving real world problems, Chris and his team have big plans for Sydney to be a global, game-changing, urban city! Rest assured, there’s some “takeaways” for <a href="http://thepropertycouch.com.au/ep87-future-of-the-australian-property-market-dr-andrew-wilson/">the future of the Australian Property Market</a>!<br> So the main topics discussed are:<br> <br> * Sydney as a future urban city and what this will like<br> * The <a href="http://thepropertycouch.com.au/ep127-australian-property-market-nerida-conisbee/">current Sydney market</a> compared to the rest of the states (and Territory)<br> * The ever popular housing affordability debate in Sydney<br> * The official data coming out at Government level<br> * What is the Government doing to <a href="http://thepropertycouch.com.au/ep108-ways-to-improve-affordability/">improve housing affordability</a> in Sydney?<br> * The number of people expected to live in Sydney within 20 years (!)<br> * Will the “<a href="http://thepropertycouch.com.au/australian-housing-markets-report-sydney-back-to-the-boom-the-rise-and-rise-of-investor/">Sydney boom</a>” end?<br> * What is Sydney and NSW doing differently that helping with <a href="http://thepropertycouch.com.au/ep125-part-1-picking-the-next-hotspot-jeremy-sheppard/">Housing Supply and Demand</a>?<br> * The inevitability of housing types and your future lifestyle<br> * The impact of <a href="http://thepropertycouch.com.au/ep128-robots-friend-or-foe-nigel-dalton/">advanced technology on property</a> and capital cities<br> * What is being discussed at a Government level that just might scare you?<br> * Creative ways to tackle housing affordability and population growth<br> <br> and …<br> <br> * Does the data suggest that there is even a <a href="http://thepropertycouch.com.au/abc-news-24-property-bubble-in-sydney/">property bubble in Melbourne and Sydney?</a><br> <br>  <br> And some of the resources mentioned in today’s episode are:<br> <br> * PIPA Annual Investor Sentiment Survey 2017 – <a href="https://www.surveymonkey.com/r/H562587" target="_blank" rel="noopener">Fill in here</a><br> * DPE population and housing data – <a href="http://www.planning.nsw.gov.au/Research-and-Demography" target="_blank" rel="noopener">Find out more here</a><br> * Our video on RealEstate.com.au – The other “C” word in property – <a href="https://www.realestate.com.au/advice/the-c-word-in-property-how-do-you-compromise-on-what-you-want/" target="_blank" rel="noopener">Watch here</a><br> <br>  <br> This is an informative, important one guys! So much so that we put our own fingers to the keyboard so you wouldn’t miss out on anything!<br> Now, because Chris is based in Sydney, we’ve had to invest in the ol’ virtual call … and at certain times during this podcast, sadly, Chris is a teeny bit hard to hear. We’re very sorry about this—so we’ve transcribed the ENTIRE podcast ...