Podcasts about demographia

There are many so-called research reports in Australia which do a very poor job of providing useful, accurate, credible information to consumers – but the worst of the worst is a report called Demographia which pops up once every year to misinform Australians about affordability. This report, which is a shameless propaganda exercise by a developer lobby group, sets out to portray Australia as a place where no one – and I do mean no one – can afford to buy real estate. The lobby group is apparently trying to convince governments across Australia that the development industry is over-regulated and that this over-regulation is causing unaffordable housing everywhere – and I do mean everywhere – in Australia. This ridiculous report has been claiming for 20 years that the whole nation of Australian is unaffordable. And the latest edition of the report claims that significant chunks of Australia are and I quote, “impossibly unaffordable”. Now, think about it for a moment. If this was true, no one could afford to buy homes in Australia at all. Because, essentially, that's what they're claiming - that no one can afford to buy real estate. Clearly, that's a ridiculous and preposterous claim because all over Australia there is a high level of sales activity and prices continue to rise in most locations. The latest official lending figures show that loans to owner-occupiers, to first-home buyers and to investors have all risen substantially in the past 12 months. There is high demand for homes and for investment properties and the high level of sales is causing prices to rise in most locations. Now, none of that would be possible if the Demographia report was credible and accurate – because it says the whole country is unaffordable. Indeed, it says our major cities are the most unaffordable in the world. But here's the thing – the report doesn't cover the world. It only compares Australia will a tiny proportion of the nations on the planet. There are over 200 countries in the world – and how many are included in this report? Just seven. Australia and six others. And yet it maintains that it can justify the claim that Australian cities are the most unaffordable in the world. Now, if common sense prevailed, you and I wouldn't even be aware that this report exists because it's so implausible and lacking in any merit whatsoever. But we DO know about it because news media in Australia doesn't care about ethics or accuracy or fairness or credibility. Journalists, sadly, care only about the headline and don't care that the information on which the headline is based is patently, blatantly and obviously false. Michael Bleby, who apparently is the Deputy Property Editor for the Australian Financial Review, was happy to report that Sydney, Melbourne and Adelaide are all “impossibly unaffordable” and ran the headline “Impossibly unaffordable housing a social risk”. Bleby stated that Sydney is the world's second-least affordable city for housing, based on the content of the Demographia report. Now, I'm assuming that Bleby has seen the report, because it would unprofessional and unethical in the extreme to make such claims without looking at the evidence. So I can only conclude that he doesn't care too much about the substance of what he is writing, so long as it generates clickbait. News Corp journalist Aidan Devine put his name to an article that stated that three of our capital cities were ranked in the top 10 most unaffordable housing markets in the world – and then claimed that Australia was the least affordable housing market in the English-speaking world. So these journalists and others were happy to make these outrageous claims despite what the facts show us. I've read half a dozen different articles on this and only one of them mentioned, briefly, the small number of countries in the report. In Sydney, claimed by the report to be “impossibly unaffordable”, there were 73,290 homes sold to buyers in the past year. And the median house price rose 8.2% in the past 12 months, according to CoreLogic. In Melbourne, also claimed to “impossibly unaffordable”, 86,200 homes changed hands in 12 months, with house prices rising 2%. And in Adelaide, which is actually one of our most affordable capital cities - but also dubbed “impossibly unaffordable” by this shameless document - over 20,000 houses and apartments were purchased by buyers who were apparently unaware that the homes they were buying were utterly unattainable. And Adelaide house prices rose 14.3% in the past year, according to CoreLogic. So, if they were impossibly unaffordable before, they must be catastrophically unreachable now, after a further 14% increase in prices overall. Clearly the report on which all that media hot air is based is laughably and demonstrably rubbish. But you can sure that this time next year it will pop up again and come up with new sensationalist claims that aren't supported by any scientific evidence – and our hopelessly shabby news media will be happy to publish it, because they don't give a toss about providing you with real information and useful data.  

Today's guests: Paige MacPherson, Associate Director of Education Policy - Fraser Institute Blake Shaffer, Associate Professor in the Department of Economics and School of Public Policy - University of Calgary Wendell Cox, principal of Demographia/ founding senior fellow - Urban Reform Institute / Senior Fellow - Frontier Centre for Public Policy     Steve Burgess, Author - "Reservations: The Pleasures & Perils of Travel" Learn more about your ad choices. Visit megaphone.fm/adchoices

Misinformation about real estate is rife in Australia, to the extent that most of the nation's citizens are utterly and constantly confused about what is really going on in our housing markets. But the single worst piece of misinformation of all, among the many that afflict Australian consumers daily, is a report published each year under the title of Demographia. Every year this report claims that Australia has the most unaffordable homes in the world, or close to it. And that Australia's largest cities are among the most unaffordable in the world – with Sydney currently claimed to be the second most unaffordable city on the planet. But here's the key point: this report doesn't produce any evidence to back up its spectacular claims about where Australia sits in the world of real estate.

On this episode of the Feudal Future,  Joel Kotkin and Marshall sit with urban analyst Wendell Cox, and news analyst Jerry Sullivan. This episode dives deep into the new hybrid model of work and  its impact on cities.Wendell Cox is an American urban policy analyst and academic, known as a leading proponent of the use of the private car over rail projects. He is the principal and sole owner of Wendell Cox Consultancy/Demographia, based in the St. Louis metropolitan region and editor of three web sites, Demographia, The Public Purpose and Urban Tours by Rental Car. Cox is a fellow of numerous conservative think tanks and a frequent op-ed commenter in conservative US and UK newspapers.Jerry Sullivan is an author on The Real Deal, The Real Deal is the premier real estate news outlet in the US, reaching millions of professionals daily through digital, print, social media and events. BRAND NEW:From Chapman's Center of Demographics & Policy, Joel Kotkin & Marshall Toplansky co-author the brand new report on restoring The California Dream.If you haven't downloaded the report, see it here: https://joelkotkin.com/report-restoring-the-california-dream/Visit Our Pagewww.TheFeudalFuturePodcast.comSupport Our WorkThe Center for Demographics and Policy focuses on research and analysis of global, national, and regional demographic trends and explores policies that might produce favorable demographic results over time. It involves Chapman students in demographic research under the supervision of the Center's senior staff.Students work with the Center's director and engage in research that will serve them well as they look to develop their careers in business, the social sciences, and the arts. Students also have access to our advisory board, which includes distinguished Chapman faculty and major demographic scholars from across the country and the world.For additional information, please contact Mahnaz Asghari, sponsored project analyst for the Office of Research, at (714) 744-7635 or asghari@chapman.edu.Follow us on LinkedIn:https://www.linkedin.com/company/the-feudal-future-podcast/about/.Tweet thoughts: @joelkotkin, @mtoplansky, #FeudalFuture #BeyondFeudalismLearn more about Joel's book 'The Coming of Neo-Feudalism': https://amzn.to/3a1VV87Sign Up For News & Alerts:

Ch1: Canada is in no hurry to drop its mask mandate for airplanes, trains and other federally-regulated public transportation, officials said Tuesday, despite the end of a similar rule in the U.S. this week. Guest: Reggie Cecchini, Global news Washington Correspondent. Ch2: After the COVID-19 pandemic highlighted the chronic nursing shortage that has existed for years in British Columbia, the province is overhauling the process to accredit internationally trained nurses. Guest:  Cynthia Johansen, Registrar & Chief Executive Officer - BC College of Nurses and Midwives Ch3: How will the Real Estate sector deal with the government's rules around ‘blind bidding' and a 2 year ban on foreign buyers? Guest: Adil Dinani, Founder & Principal of Dinani Group Real Estate Advisors Ch4: Vancouver has been knocked from its second place as the world's most unaffordable city, by Sydney, according to a new extensive survey done annually by Demographia. Guest: Raji Sohal, CKNW Contributor Ch5: Victoria has adopted what's being touted as a first-of-its-kind policy that will streamline select affordable projects by delegating them past council, in an effort to rapidly bolster supply in the precarious market. Guest: Lisa Helps, Mayor of Victoria See omnystudio.com/listener for privacy information.

We discuss the latest Demographia report on housing affordability. Why are prices relative to incomes so high? http://www.demographia.com/dhi.pdf https://theconversation.com/zoning-isnt-to-blame-for-australias-soaring-house-prices-154482 Go to the Walk The World Universe at https://walktheworld.com.au/

A local reporter was harassed while doing a live hit from Yonge-Dundas Square about sexual assault on the TTC. A partial derailment caused a portion of Line 2 to close during the morning commute, which caused hours of chaos. According to a new report, housing in Toronto is now less affordable than it is in cities like San Francisco and London. K-pop's BTS is playing two shows at the Rogers Centre in May, and FreePlay is the city's newest arcade bar, with two floors of retro games and skewered fried food.

Demographia with Wendell Cox by Frontier Centre

Learn the world’s most affordable housing markets (8 out of 10 are in the US). Source: 13th Annual Demographia International Housing Affordability Survey Looked at “affordability in 92 major housing markets in nine countries found 11 affordable areas - all in the US.” “The survey used Q3 2016 data to gauge the ’median multiple’, the ratio of median home price to median pretax income.” Ratio of median home price to median pretax income, with 3.0 or below being “affordable.” For example, if median pretax income is $100,000, you can afford a $300,000 home pretty easily so it’s deemed “affordable”. According to CNN, the world’s most affordable housing markets are: 1. Racine, Wisconsin, US 2. Bay City, Michigan, US 3. Decatur, Illinois, US 4. Elmira, New York , US 5. East Stroudsburg, Pennsylvania, US 6. Karratha, Australia 7. Lima, Ohio, US 8. Moncton, Canada 9. Peoria, Illinois, US 10. Rockford, Illinois, US (Source: 13th Annual Demographia International Housing Affordability Survey) It’s interesting to note that housing inventories are at 17 year lows, indicating a possible peak of a bubble? Listen to podcast 228 for the most affordable housing markets in the U.S. On my website www.lindapjones.com, I will post a link to the entire report. It’s quite interesting and I think it’s worth your time if you’re interested in real estate. Go to www.lindapjones.com/worldsmostaffordablehousingmarkets Here is the link to the full housing report: http://www.demographia.com/dhi.pdf If you enjoy the show, I’d love to have your review on iTunes or Stitcher Radio! It’s the one way I get to hear from you what you like about the show and a way to give back if you have received knowledge from listening to the show. I’d so appreciate it, thank you in advance!   For more information, go to www.lindapjones.com.

Learn the least affordable housing markets in the world. Investor’s Business Daily report, week of 2/6/17. “The survey used Q3 2016 data to gauge the ’median multiple’, the ratio of median home price to median pretax income.” Source: 13th Annual Demographia International Housing Affordability Survey Ratio of median home price to median pretax income, with 3.0 or below being “affordable.” Ratio of median home price to median pretax income, with 3.0 or below being “affordable.” For example, if median pretax income is $100,000, you can afford a $300,000 home pretty easily so it’s deemed “affordable”. The 13th Annual Demographia International Housing Affordability Survey covers 406 metropolitan housing markets (metropolitan areas) in nine countries (Australia, Canada, China, Ireland, Japan, New Zealand, Singapore, the United Kingdom and the United States) for the third quarter of 2016. A total of 92 major metropolitan markets (housing markets) --- with more than 1,000,000 population --- are included, including five megacities (Tokyo-Yokohama, New York, Osaka-Kobe-Kyoto, Los Angeles, and London). “Overall, there are 29 severely unaffordable major housing markets, including all in Australia (5), New Zealand (1) and China (1). There are 13 severely unaffordable major markets in the United States, out of 54. Seven of the United Kingdom’s 21 major markets are severely unaffordable and two in Canada.” - NewGeography.com Hong Kong, Sidney and Vancouver are the 3 most unaffordable housing markets in the world. 1. Hong Kong 18.1 2. Sydney, AU 12.2 3. Vancouver, Canada 11.8 4. Auckland, NZ 10.0 5. San Jose, CA 9.6 6. Melbourne, AU 9.5 7. Honolulu, HI 9.4 8. Los Angeles, CA 9.3 9. San Francisco, CA 9.2 10. Dorset, UK 8.9 Interesting to note, Vancouver BC put a 15% foreign buyer tax on housing which reduced foreign purchases dramatically. The city of Vancouver also instituted a 1% vacancy tax on the assessed value of an empty property, as many foreign buyers let houses sit empty. In response, many Chinese buyers have moved to the Seattle market. China spent a record $33 billion on foreign real estate in 2016, according to global real estate group JLL. Hong Kong median home price $5,422,000 and income $300,000 vs. San Jose, CA $1,000,000 and $104,100. Prices in Australia, Vancouver, Seattle seem to be inflated from Chinese buyers - are they dependent on the Chinese economy? On my website www.lindapjones.com, I will post a link to the entire report. It’s quite interesting and I think it’s worth your time if you’re interested in real estate. Go to www.lindapjones.com/leastaffordablehousingmarkets Here is the link to the full housing report: http://www.demographia.com/dhi.pdf If you enjoy the show, I’d love to have your review on iTunes or Stitcher Radio! It’s the one way I get to hear from you what you like about the show and a way to give back if you have received knowledge from listening to the show. I’d so appreciate it, thank you in advance!   For more information, go to www.lindapjones.com/podcasts

Learn the most affordable housing markets in the U.S. Graph printed in Investor’s Business Daily report, week of 2/6/17. Source: 13th Annual Demographia International Housing Affordability Survey Looked at “affordability in 92 major housing markets in nine countries found 11 affordable areas - all in the US.” “The survey used Q3 2016 data to gauge the ’median multiple’, the ratio of median home price to median pretax income.” Ratio of median home price to median pretax income, with 3.0 or below being “affordable.” For example, if median pretax income is $100,000, you can afford a $300,000 home pretty easily so it’s deemed “affordable”. The 13th Annual Demographia International Housing Affordability Survey covers 406 metropolitan housing markets (metropolitan areas) in nine countries (Australia, Canada, China, Ireland, Japan, New Zealand, Singapore, the United Kingdom and the United States) for the third quarter of 2016. A total of 92 major metropolitan markets (housing markets) --- with more than 1,000,000 population --- are included, including five megacities (Tokyo-Yokohama, New York, Osaka-Kobe-Kyoto, Los Angeles, and London). 1. Rochester, NY 2.5 2. Buffalo, NY 2.6 3. Cincinnati, OH 2.7 4. Cleveland, OH 2.7 5. Pittsburgh, PA 2.7 6. Oklahoma City, OK 2.9 7. St. Louis, MO 2.9 8. Grand Rapids, MI 3.0 9. Indianapolis, IN 3.0 10. Kansas City, MO 3.0 The United States scores 3.9 on the index. On my website www.lindapjones.com, I will post a link to the entire report. It’s quite interesting and I think it’s worth your time if you’re interested in real estate. Go to www.lindapjones.com/affordablehousingmarkets http://www.demographia.com/dhi.pdf If you enjoy the show, I’d love to have your review on iTunes or Stitcher Radio! It’s the one way I get to hear from you what you like about the show and a way to give back if you have received knowledge from listening to the show. I’d so appreciate it, thank you in advance! To get “11 Quick Financial Tips to Boost Your Wealth”, go to www.lindapjones.com.

Dec. 16, 2008: Jane Van Ryan talks with Wendell Cox, principal of Demographia, about the importance of energy during the holidays and how consumers can save energy and money during the holiday season.

  June 10, 2008: Host Jane Van Ryan talks with Wendell Cox, independent consultant working with API and principle of international public policy firm, Demographia.  Wednell explains why he believes global energy demand will continue to rise.