u/Impressive_Long7405

Housing unaffordability in Australia is well understood, using Sydney as an example, in 1980 the median house was 3.5-4 times the median income, and today the median house price is 17-18 times the median income. At face value this appears entirely unsustainable, but there are a few factors that I think are always missing from this analysis.

  1. In 1980 the population of Sydney was 3.25 million people and the "median" resident would be expected to live in a detached home. In 2026 the population is over 5 million and the "median" resident (at least amongst new buyers) lives in an apartment. The median apartment price is 9 times the median income. - Other major Australian cities have seen similar urban changes.
  2. In 1980 most home loans were serviced by a single income, today the overwhelming majority of home loans is serviced by a dual income couple, which further adjusts the ratio down to 4.5 times the median dual income.

The point I am making isn't that we don't have a housing crisis, we do and the changes above have significantly impacted the way people live and the way people raise children. My only point is that the current housing crises may actually be far more stable than we think, even in the face of higher interest rates.

reddit.com
u/Impressive_Long7405 — 12 days ago

Question for conference organisers.

Following a cold call enquiry from an event organiser I was asked to speak at an upcoming industry conference. When I requested details it was confirmed that the conference organisers will not cover travel or accomodation which would leave me about $1200 out of pocket to speak. I'm happy to donate my time, but am reluctant to be left out of pocket for contributing (although I could possibly push the costs back to my company). I want to get an industry perspective if this is normal practice for conferences or unusual?

A few further specifics:

>The conference is a major industry conference with high ticket prices and the organiser is a corporate events company.

>I would be speaking about a major project I am leading and the attendees are mostly from the types of companies who supply into these type of projects, so there is no "sales opportunity" for me, in fact quite the opposite. There is some minor personal professional exposure benefits, hence being willing to donate my time.

reddit.com
u/Impressive_Long7405 — 12 days ago