Podcast: House prices in 2022 and beyond

“When you look at our portfolio globally, we have quite a lot of residential – mainly in the United States, but also in Europe. We like residential because it’s a needs-based asset, it tends to be very resilient to any technological change … and it’s got relatively low maintenance capex.”

Click here to listen to the podcast 

I was joined by Bennelong’s Stuart Fechner, to take a a deeper dive into the detail of the team’s latest Investment Perspectives article, House prices – what’s in store for 2022 and beyond.

Content summary

• 0:38 – The enduring fascination with residential property (and why Quay likes it too)
• 2:09 – Do interest rates really drive house prices?
• 4:07 – Why replacement cost is a central theme for Quay’s investment strategy
• 5:46 – The ongoing issue of supply chain constraints, both domestically and globally
• 7:51 – … and the impact of demographic shifts, including slowing population growth and the changing behaviour of the Millennials
• 11:40 – The difference in demand for housing in the US and Australia
• 15:28 – So, what will happen with house prices in 2022?
  

Investing in global listed real estate

Quay, a Bennelong Funds Management boutique, focuses on the preservation and creation of wealth through innovative strategies in real estate securities. For more insights on global property, visit Quay’s website.

^{The content contained in this audio represents the opinions of the speakers. The speakers may hold either long or short positions in securities of various companies discussed in the audio. This commentary in no way constitutes a solicitation of business or investment advice. It is intended solely as an avenue for the speakers to express their personal views on investing and for the entertainment of the listener.}