A global housing crisis continues to grow

Real residential property price index, 2000 = 100

Source: FRED (2025)



Australia is dwarfing the Japan housing bubble

Property price index at a base year of Japan 1985 and Australia 2000

Source: FRED (2025)



Wages have struggled to keep pace with house prices

Nominal house price vs hourly wage index, 2000 = 100

Source: FRED (2025)



Australians are among the most indebted households

Household debt as a % of disposable income, 1998-2025

Source: RBA Table E2 (2025)



Boomers bought cheap while younger generations pay the price

Home ownership at age 35-39 and median house price by generation

Source: AIHW (2025)