Economics Explored

Economics of apartment living

Episode Summary

Conversation with Dr Stephen Thornton, Director of BG Economics, a Brisbane-based consultancy, on the economics of apartment living. Issues discussed include Airbnb, the apartment defects crisis, and the economic benefits of pets in apartments (work Stephen did for Mars).

Episode Notes

Issues discussed include:

• drivers of rising incidence of apartment living
• the nature of strata title
• issues for apartment owners - body corporate fees, management rights
• apartment defects crisis in Australia
• Airbnb
• economic benefits of pets in apartments

Articles relevant to the conversation include:

Will 2018 be the year for Airbnb certainty in strata?

Pets are good for your health, the budget, and the economy

Pets, Airbnb, and management rights