Podcast Appearances
You've always got to keep that in mind.
But yeah, what it showed was that
that there's there's definitely no lack of interest in property from from females across the country and in fact more females rate property ownership as important or highly important than males do so there's definitely a strong interest there in owning property um just that when you when you come to the ownership stats they are lower females and particularly when you get into those younger generations i mean across both genders the the ownership rates are lower the younger you are of course that's there's no sort of rocket science there but when you're comparing
the Gen Z and millennial females to Gen Z and millennial males.
The ownership rates are lower for females, so
It's not an attitude thing, but there is a lower ownership rate, so then you start to look for why.
And really, financial resources are going to be a big part of it.
We know, unfortunately, there's a gender wage gap still, about minus 5% here for females earning 5% less for similar jobs.
So that's going to be part of it.
Now, that gender wage gap has closed, but still at 5%, so there's still work to do there.
And the survey evidence points to just lower earnings as well.
There's relatively fewer females earning higher wages, an arbitrary sort of cut off, let's call it $100,000.
We had about 12% of female respondees saying they earned at least $100,000 versus 25% of males.
So there's going to be a financial resource thing there.
So I struggle for the word.
It's not necessarily an education thing, but there seems to be information gaps.
We had relatively more females reporting that they haven't bought it.
Those females and males who haven't bought a property yet, more females reporting that it was simply because they didn't know where to start.
They just didn't know what to do.
So now the numbers aren't massive.