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In this episode of The Property Nerds podcast, hosts Arjun Paliwal, Jack Fouracre, and Adrian Lee sit down with Mark Speakman from the NSW Liberal Party to unpack Sydney’s housing crisis and explore potential solutions. The discussion highlights how skyrocketing house prices, now 13 times the average income, have made home ownership increasingly unattainable for median earners. Speakman explains that the crisis is driven not only by demand but also by supply constraints, high construction costs, and significant government taxes that can add 25–40 per cent to the cost of a new home. The conversation covers recent planning reforms aimed at speeding approvals for medium-density housing and the importance of a simpler, more predictable planning system Speakman stresses that community consultation should guide master planning but not stall implementation at every stage of development. “Quick-fix” solutions like 5 per cent deposit schemes are debated, with experts cautioning that they address demand, not supply, and could worsen affordability without systemic changes. The discussion also touches on workforce challenges, including skilled labour shortages and low apprenticeship rates, which impact construction timelines and costs. ........................................................................... Join the team and special guests as we speculate, meditate, and deep dive into all things property investment! 🎙️ Whether you're a seasoned investor or just getting started, The Smart Property Investment Show delivers the insights, strategies, and real-world tactics you need to build a successful portfolio. Don’t miss the actionable advice and expert commentary that can help you make smarter investment decisions. 🎧 Listen to the podcast now: 👉 https://www.smartpropertyinvestment.c... 📲 Or subscribe on Apple Podcasts: 👉 https://itunes.apple.com/au/podcast/s... 🎵 Or follow on Spotify: 👉 https://open.spotify.com/show/7DWmPXx... 💡 Like what you hear? Subscribe to Smart Property Investment on YouTube: 👉 / @smartpropertyinvestment 📬 Get expert news, insights, and advice straight to your inbox: 👉 http://www.smartpropertyinvestment.co... 🌐 Visit our website for the latest in property investing: 👉 http://www.smartpropertyinvestment.co... 🔗 Connect with us: X/Twitter: / spi_online Facebook: / spionline LinkedIn: / smart-property-investment Google+: http://plus.google.com/+SpionlineAu13