Inside The Property Crisis: With John Wright

This is a thought-provoking dive into the the root cause of the property crisis, and what may lay ahead. What do Marie Antionette, a lump of coal, and the Kingdom of Great Britain have to do with the Australian Property Crisis and Policy Change? The answer according to Associate Professor John Wright centres on the concept of Carry Trades. When you examine the property crisis through this lens, things change, and factors like supply and migration become mere symptoms of a greater ill. Worse, he says, all carry trades create the conditions for their own collapse. The capital imbalance is […]