Alice Stolz
๐ค SpeakerAppearances Over Time
Podcast Appearances
And we know it brings great financial rewards for many, it brings security, but ultimately it also brings shelter.
And I think we can sort of get a bit deep in the weeds of property and forget that it is providing that basic sense of shelter and protection.
as well as a place in community, which I think is just fundamental to a well-functioning democracy and society.
Look, we see it all the time, Craig, that people are feeling so overwhelmed about how are they going to access this?
How can they live the life that they were raised up to dream about?
How do they get into that market?
And I think a lot of it is that idea of having to make concessions or compromises along the way.
But I think for many buyers, they think they have the luxury of automatically inheriting the dream that their parents had.
And unfortunately, times have changed.
And I suppose for me, I think it's important to think about for buyers to cut the cloth to the market that they're in.
And we've seen such staggering increases in affordability over the past decade in particular, you know, exponential price growth.
And I think that for many Australians, the dream of owning a house on a quarter acre block with a lovely garden and maybe a pool if they're lucky is just in reality out of reach.
I think that's exactly what it is.
And I think it's an assumption by many, and I don't say this disparagingly, but an assumption by many that they will have the house they grew up in.
And I think times have changed.
And that's why I think it is about...
particularly for first-time buyers, perhaps going out in further suburbs out without thinking they're going to be able to buy the house around the corner from their parents and where they grew up or a beautifully renovated house.
Property is all really about compromising and I think it's just going to constantly test you about how much you're willing to compromise on to get that place in the market.
My situation was quite strange.
My husband and I moved overseas for over a decade.