Who Bears the Brunt of Australia's Housing Problem? | Michele Adair, Housing Trust

From The Elephant In The Room Property Podcast | Inside Australian Real Estate Chris Bates

Due to rising property prices, rent hikes, plummeting vacancy rates, many Aussies are now at risk of being homeless.

Homeowners and investors may think they're immune, but are we really safe from the ripple effect?

Michele Adair, CEO of Housing Trust, joins us today to discuss the worsening housing affordability crisis... What long-term impact does this issue have on our society and how will this affect our lives–regardless if you’re a homeowner?

We also look into the pressure of rising rent on lower income households, the current situation in the Illawarra, COVID-19’s impact on homelessness as well as its correlation to our current labour crisis.

If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]!

See you in the episode!

Episode Highlights:

The real situation in the Illawarra [02:07]
How has the profile of people facing homelessness changed? [07:44]
The effect of rising interest rates on investors [09:43]
Finding a win-win solution to the housing crisis [17:39]
The role of community housing providers [20:34]
Why has the government failed to address the housing problem? [24:55]
How can the build to rent sector alleviate the housing crisis? [34:03]
The need for change in social attitudes [42:32]
The REAL cost of the housing affordability crisis [44:31]
What role do councilors play? [51:16]

About our Guest:

Michele Adair is the CEO of Housing Trust, an organization that builds and manages affordable rental housing for people on very low to moderate incomes. Michele has Master’s degrees in Management and in Public Advocacy & Action, and is a Graduate of the Australian Institute of Company Directors. She was also recognised as the Outstanding Business Leader in the 2021 Business Illawarra awards.

Links from the show: