Bernard Salt , social commentator, says when comparing Australia's economy to the rest of the world, it is among the wealthiest per capita, and we spend our money on property.
Mr Salt, says middle aged millennials and retiring baby boomers will be looking for lifestyle homes in the next ten years.
The lifestyle house is likely to include a 'Zoom room' as millennials embrace the post pandemic shift to working from home.
Mr Salt believes we are likely to see a change to people living, working and spending most of their time in 'out of town' regional hubs.
Source: My Weekly Preview 9/2/2023
