Why demographics and not interest rates are responsible for house prices

Interest rates can contribute to short-term jumps in house prices, but over the long term, factors such as population growth have a much larger impact.

https://www.smh.com.au/politics/federal/why-demographics-and-not-interest-rates-are-to-blame-for-property-prices-20230220-p5clx9.html?ref=rss&utm_medium=rss&utm_source=rss_politics_federal Why demographics and not interest rates are responsible for house prices