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Speaker 1: New figures show more women own their own homes than men.

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Speaker 1: Core Logics twenty twenty five Women in Property report shows

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Speaker 1: twenty three percent of women had sole ownership of a property,

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Speaker 1: compared to twenty point nine percent for men. Mixed gender

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Speaker 1: ownership presumably married couples, was fifty six percent. Calvin Davidson's

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Speaker 1: their Core Logic chief property economist. He's with me high

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Speaker 1: Calvin good good to be on the show. Did that

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Speaker 1: number surprise you? And what's behind it? Do you know?

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Speaker 2: No? I mean the number didn't really surprise me. I

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Speaker 2: suppose the number we've been probably highlighting a little bit

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Speaker 2: more as a female deficit. I guess when it comes

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Speaker 2: to investment property, so great, females own a proportionately higher

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Speaker 2: number of owner occupied properties, but there is also a

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Speaker 2: deficit when it comes to investment properties, and that's sort

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Speaker 2: of the number we've been highlighting. I think is when

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Speaker 2: you boil through all the numbers, what you really come

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Speaker 2: down to is the gender age cap in the fact

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Speaker 2: that females unfortuately do earn less for similar jobs, that's

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Speaker 2: probably holding back their investment into properties. So something needs

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Speaker 2: to be looked at.

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Speaker 1: Maybe it's because more of them own their primary home though.

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Speaker 2: Yeah, well, to some extent, the underlying some of that

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Speaker 2: owner occupier number will be also an affordability challenge in

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Speaker 2: the sense that we're seeing more apartments being owned by females,

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Speaker 2: so that I think, even though the overall owner occupier

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Speaker 2: share is a little bit higher, when you dig into

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Speaker 2: the types of properties that come in there, they are

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Speaker 2: perhaps a little bit smaller, cheaper. That's where the affordability

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Speaker 2: challenges come in. So, yeah, digging into the numbers does

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Speaker 2: I think still reveal some challenges.

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Speaker 1: You mentioned that women don't own as many rental properties

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Speaker 1: do they want to.

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Speaker 2: Yeah, well, that's certainly what's coming through. We've also revealed

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Speaker 2: some survey based data this year which is new to

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Speaker 2: the previous reports we've done. And yes, certainly the attitudes

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Speaker 2: are there. A very similar proportion of females report home

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Speaker 2: ownership or property ownership in general is very important, the

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Speaker 2: very similar proportion, so the attitude is definitely there. So

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Speaker 2: then you start to dig into the numbers and say, well,

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Speaker 2: the attitudes there was not coming through them, they're in

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Speaker 2: results and nothing really have to come down to financial

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Speaker 2: resources come down to those lower incomes that gender wage

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Speaker 2: gap and again a policy area that.

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Speaker 1: Yeah, but I mean is it the gender wage gap?

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Speaker 1: Because I was thinking about this and I think just

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Speaker 1: in my own life about girls and women that I'm

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Speaker 1: friends with, more often than not they go to university.

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Speaker 1: My male friends are more inclined to go into a

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Speaker 1: trade they're earning them Guys are earning money from a

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Speaker 1: younger age. We know that women are more likely to

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Speaker 1: go to university, therefore delaying their earning potential, and then

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Speaker 1: our rental property is obviously going to be a long

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Speaker 1: way off that. Have you taken these types of things

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Speaker 1: into a consideration, Well, I.

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Speaker 2: Mean, the gender wage gap does take into account different

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Speaker 2: micks of employment, different mix of education, and that sort

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Speaker 2: of thing, in the sense that gender wage gap looks

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Speaker 2: at the genders and jobs and simply when you see

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Speaker 2: females doing a similar job to males but being paid less.

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Speaker 2: So that's that's the sort of gender wage cap. Now,

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Speaker 2: it's not the only explanation, as you live. It doesn't

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Speaker 2: explain everything. I think there's there's a little bit of

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Speaker 2: evidence coming through on the survey that perhaps it is

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Speaker 2: to do with understanding of the property buying process for example,

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Speaker 2: So there's there's perhaps hints and here of anything that

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Speaker 2: we can do to educate both males and females really

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Speaker 2: about the difficulties of buying property, the process that's required

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Speaker 2: that will help as well. So those things help, but

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Speaker 2: I think generally you would really come down to financial

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Speaker 2: resources as being a key factor here and something now

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Speaker 2: Unfortunately through time that females leag behind on that. So

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Speaker 2: it's a longering a show. I guess the policymakers to

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Speaker 2: really be looking at all.

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Speaker 1: Right, Calvin, thanks for your time. We'd love to know

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Speaker 1: what people think of that's Calvin Davidson, Core Logic, chief

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Speaker 1: Property Economists with us here on news Talk. Semb nine

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Speaker 1: to ninety two is the number to text. If you're

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Speaker 1: a woman listening to this and you've got your your

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Speaker 1: own home, well congratulations, you're actually doing better than men.

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Speaker 1: And when it comes to home ownership, this is owner

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Speaker 1: occupied homes only. But i'd love to know did you

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Speaker 1: want your own home from a young age? Did you

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Speaker 1: see that was that you're objective? And men? What's going on?

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Speaker 1: Why aren't you up there with the women? For more

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Speaker 1: from Heather Duplessy Alan Drive, listen live to news Talks

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Speaker 1: it'd be from four pm weekdays, Or follow the podcast

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