Why NIMBYs are Ruining the Housing Market

Why NIMBYs are Ruining the Housing Market

Released Wednesday, 4th June 2025
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Why NIMBYs are Ruining the Housing Market

Why NIMBYs are Ruining the Housing Market

Why NIMBYs are Ruining the Housing Market

Why NIMBYs are Ruining the Housing Market

Wednesday, 4th June 2025
Good episode? Give it some love!
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Australia's housing market is being strangled by the NIMBY (Not In My Backyard) phenomenon, with the average first home buyer age jumping from 34 to 37 in just three years. This devastating trend shows how local opposition to development is driving up prices and pushing homeownership further out of reach for young Australians.

This episode touches on:

• The NIMBY mindset 
• Sydney's poor urban planning compared to Melbourne's more efficient grid layout
• Top 10 Sydney suburbs with less than 1% housing growth, including Glenmore Park and Illawong
• Australia approving only 500,000 dwellings while welcoming 1.34 million new residents (2022-2025)
• Housing prices skyrocketing – example of Bossley Park property gaining $160,000 in just 13 months
• Average Australian savings dropped from $39,000 to $29,000 in three years
• Overregulation and excessive red tape slowing development approvals
• Strategic property investment as a potential solution for individuals facing the housing crisis

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DISCLAIMER This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs before acting on it.

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