Everyone wants to know why housing has become so unaffordable. But what if the policies designed to fix the crisis are actually making it worse?

On Property Buzz, Phil Tarrant and Liam Garman question whether recent tax reforms, lending changes, and housing policies could have unintended consequences for investors, developers, and first home buyers alike.

From the crackdown on investor taxes to broader housing reforms, the pair examine whether the government's approach will genuinely improve affordability or simply reduce housing supply and place even more pressure on the market.

They also explore Australia's increasingly fragmented property landscape, where Sydney and Melbourne continue to soften while Brisbane, Adelaide, and Perth tell a very different story, proving there is no such thing as a single Australian property market.

The conversation then shifts to the broader economy, examining how higher interest rates, persistent inflation, and growing employment uncertainty could shape borrowing power, property values, and investor confidence in the months ahead.

Finally, the duo assess the potential fallout from changes to self-managed super funds, posing one critical question: if individual investors are gradually pushed out of the market, who will fund Australia's next generation of housing?