First homebuyer FOMO hitting housing market?
In this Australian Property Podcast episode, your hosts Pete Wargent of AllenWargent Property Buyers and Chris Bates of Alcove mortgage specialists talk through all the latest property market news. They also answer a few of your questions in the Listener Q&A at the end.
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Show Notes
In this Australian Property Podcast episode, your hosts Pete Wargent of AllenWargent Property Buyers and Chris Bates of Alcove mortgage specialists talk through all the latest property market news.
They also answer a few of your questions in the Listener Q&A at the end.
1 – How do people keep bidding prices higher?
2 – Stamp duty burden hits new record
3 – 1 in 6 have a deposit for FHB scheme
Listener Q&A
1 - Ben
I know you don't have a crystal ball and can't guarantee anything but I'm after an honest second opinion. The real estate agent (that manages it as a rental) suggested I should still sell it in August.
2 - Danny
What are your thoughts on the Canberra property market? I'm heavily invested in Canberra property and not sure why with low unemployment and high incomes the territory is lagging behind like Melbourne. Is it due to work from home?
3 - Coffee
Hey Lads,
Will GenX and Millennials step up and take over the property market investment side of things like the boomers did. Or are they more inclined to go for Shares & Super - BitCoin etc and only dabble in property over the next decade.
Resources for this episode
Cameron Kusher – how do prices keep getting bid higher?
Australian National Accounts – Finance and Wealth
Why FOMO has just hit the housing market
Stamp duty burden hits new record – HIA
Median stamp duty bill hits record – The Australian
1 in 6 have a deposit for FHB scheme
1.2 million homes target – the challenges ahead
Sale of new homes hits 13-month high
Monday market recap – Cameron Kusher
Canadian home sales drop almost 10% – Financial Post
Population growth reaccelerates – Pete Wargent
Rental crisis is ongoing – MacroBusiness
Aussies want to live in housing, not apartments – MacroBusiness
What does the median value property actually buy you? – Cameron Kusher
Why Queenslanders might start moving to Victoria – MacroBusiness
Additional 18,500 Queensland construction workers won’t be enough – AFR
Big super’s cold feet stall Labor’s $10b housing plan – AFR
Rask Resources
Pete's Buyers Agency: https://www.allenwargent.com.au
Alcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking
Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au
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