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What’s Really Stopping Homeowners from Downsizing or Upgrading?
Manage episode 488215628 series 1490683
Why Moving House Costs More Than You Think
Thinking of moving home? It’s not just about finding the right property anymore — the real hurdle is the staggering cost of moving.
In cities like Sydney and Melbourne, transaction costs for selling, buying, and relocating now average over $100,000.
For many, this financial burden is a major reason they stay put, even when their current home no longer suits their needs.
The biggest single cost? Stamp duty — a tax often called the silent killer of housing mobility.
Why is this outdated tax still strangling the market, and how could reform unlock hundreds of thousands of homes across Australia?
Join us as we explore the hidden costs, the impact on families and the economy, and why political leadership is urgently needed to break this costly cycle.
109 episodes
Manage episode 488215628 series 1490683
Why Moving House Costs More Than You Think
Thinking of moving home? It’s not just about finding the right property anymore — the real hurdle is the staggering cost of moving.
In cities like Sydney and Melbourne, transaction costs for selling, buying, and relocating now average over $100,000.
For many, this financial burden is a major reason they stay put, even when their current home no longer suits their needs.
The biggest single cost? Stamp duty — a tax often called the silent killer of housing mobility.
Why is this outdated tax still strangling the market, and how could reform unlock hundreds of thousands of homes across Australia?
Join us as we explore the hidden costs, the impact on families and the economy, and why political leadership is urgently needed to break this costly cycle.
109 episodes
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