# Housing chill hits the economy, listings surge and why upgraders may have the edge

Page: https://stenobird.com/podcast/australian-property-podcast-6090037/housing-chill-hits-the-economy-listings-surge-and-why-upgraders-may-have-the-edge
Text version: https://stenobird.com/podcast/australian-property-podcast-6090037/housing-chill-hits-the-economy-listings-surge-and-why-upgraders-may-have-the-edge.md
Podcast: [Australian Property Podcast](https://stenobird.com/podcast/australian-property-podcast-6090037)
Published: 2026-08-08T21:00:00+00:00
Episode link: https://www.raskmedia.com.au/podcasts/australian-property-podcast/
Audio file: https://traffic.megaphone.fm/RRKKR8206140970.mp3
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JSON: https://stenobird.com/v1/public/podcasts/australian-property-podcast-6090037/episodes/housing-chill-hits-the-economy-listings-surge-and-why-upgraders-may-have-the-edge
Duration seconds: 3013

## Resource

In this episode of Australian Property Podcast, Pete Wargent and Chris Bates unpack a property market that is cooling, but not in a simple, one-speed way. Home values fell again in July, Sydney and Melbourne stayed at the front of the downturn, and listings jumped sharply, especially across key parts of Sydney. The bigger question is who actually benefits from this shift. Pete and Chris explain why first-home buyers may not be getting the relief many expected, why the lower end of the market has held up better than the top end, and why upgraders could be looking at one of the more interesting windows of this cycle. They also dig into rising rents, worsening rental affordability, and how changes to negative gearing and capital gains tax are starting to reshape investor behaviour. The conversation then widens to the broader economy, from slower lending and weaker housing activity to pressure on construction, consumer spending and state budgets. They also tackle listener questions on CGT transition rules, valuations, development sites and the growing need for proper tax advice in a more complex market. If you want a grounded read on where fear is building, where leverage may be shifting and what to watch next, this episode is a timely one. Episode resources – Ask a question (select the Property podcast) Show partner resources – Join Pearler using the code "RASKSWITCH" and get $32 of Pearler Credit – Whatever comes next for your business, power it with Stripe Rask resources – Pete's Buyers Agency – Alcove mortgage broking – Amy Lunardi Buyers Agency (Melbourne) – All services – Financial Planning – Invest with us – Access Show Notes – Ask a question – We love feedback! Follow us on social media – Instagram: @rask.invest – TikTok: @rask.invest DISCLAIMER: This podcast conta…

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