In this episode of the Level: Asian podcast, we unpack the housing and cost of living crisis.

We begin by sharing how recent increases in rent, interest rates and groceries have impacted us personally and how we’ve changed our spending habits to adjust. The crew also discusses the challenges different generations face when it comes to wealth building, the changing values towards money and outlooks towards work/life balance.

Davie then explains the dire state of housing affordability in Australia, using his favourite thing in the world (spreadsheets).

Enjoy the episode!

00:00 - Intro

02:47 -Answering listener submissions about the Cost of Living Crisis Experience

07:42 - The Vicious Rental Cycle

11:40 - The Rise of Property Prices + Combating with Mortgages

23:47 - The Cost of Living From the Gen Z Perspective

27:59 - Why The Younger Gen CAN’T Take Any Risks

31:24 - Facing Different Economic Circumstances Between Generations

37:42 - Moving Out the City as a Cost of Living Solution

42:08 - The Gen Z Work-Life Balance Approach

45:44 - Navigating Generational Trauma On Top of Cost of Living

48:28 - Starting From Scratch as a New Generation

53:04 - Looking at the Stats: How Long Will It Take For a Single Adult to Buy a $1M House from Earning 100K?

01:00:49 - Looking at the Stats: How Long Will It Take For a Single Adult to Buy a $1M House from Earning 55K?

01:01:56 Looking at the Stats: How Long Will It Take For a Single Adult to Buy a $1M House from Earning 150K?

01:05:04 - Mental Health is the No.1 Concern of Gen Zs

01:06:28 - “The 996 Culture” in China

01:12:53 - Understand the Economic Circumstances

01:13:48 - Final Messages

01:15:43 - Outro