The BRUTAL Truth: AUS HOUSE PRICES VS WAGES #shorts #australia #propertyinvestment

By Scott Kuru

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House prices don’t need to work harder to become more valuable. People do. That’s one of the biggest lessons I think people need to understand about building wealth. For wages to sustainably grow, businesses generally need workers producing more value, and Australia’s weak productivity performance makes that harder. Property works differently. A house doesn’t need to become 10% better to become 10% more valuable. Prices can rise because buyers can borrow more, population grows, supply remains tight or multiple people compete for the same scarce property. And that’s exactly why I’ve always believed owning assets is so important. There’s a limit to how many hours you can work and how quickly your income can grow. Assets don’t have that same limitation. When you own quality assets in markets where demand continues to grow faster than supply, you give yourself another engine for building wealth alongside your income. You still need to earn, save and make smart decisions. But ult

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