The Elephant In The Room Property Podcast | Inside Australian Real Estate

Inflation is up, there’s a rental crisis across the country, and interest rates are rising for the first time in a decade – with all the negativity around the property market, how can we make sense of it all? Friend of the show and Head of Residential Research Australia at Corelogic, Eliza Owen, joins us today as we try to unravel what’s happening in the market… with accurate data and minus the media hype! We cover rising interest rates, falling house prices, consumer confidence, and heaps more! If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: Summing up the property market in 2022 [01:42] Effects of limited buying capacity on property buyers [05:28] Can falling house prices be a good thing? [09:36] How shifting household formations is driving up property demand [12:59] When will the interest rate cycle normalise? [17:33] How multimillion-dollar properties losing value affects property data [23:10] Real estate conditions in regional Australia [30:39] New building dynamics in coming years [36:02] Is housing quality compromised for first home buyers? [39:26] On Australia’s rental crisis [43:11] Are Australians slowly getting used to interest rate rises? [45:56] What recent history tells us about timing the market [51:19] More factors affecting the property market [55:20] Correlation of mortgage repayments and interest rates [58:00] Effects of job swaps and wage increases [01:02:13] About our Guest: Eliza Owen is the Head of Residential Research Australia at CoreLogic. She has a wealth of experience in property data analysis and reporting. Eliza worked as an economist at Residex, a research analyst at Domain Group and previously as the commercial real estate and construction analyst at CoreLogic. Eliza is passionate about economics, and is a popular keynote speaker, having presented to thousands across the real estate, finance and construction sectors. Links from the show: CoreLogic Website Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/237 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

This is an interesting episode with our resident geek, Kent Lardner as we roll out Suburb Help – a little project we have to help investors make better decisions about where to invest. Today is all about Australia’s rental crisis: What’s driving up rental prices? Which areas have the highest vacancy rates? Is the same happening in places outside the country? Tune in to hear all about Kent’s invaluable research data and insights! If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: What is Suburb Help? [00:56] Are rents really at record highs? [03:44] Rental challenges in regional areas [05:49] Effects of Australia’s rising rental demand [09:26] Rental Crisis: A series of poor decisions [13:46] Build to Rent schemes & Social Housing programs [17:08] Regional areas with the most rental growth [21:05] Which market segment will see the most rent increase? [24:53] Current areas with high vacancy rates [27:48] The problem with Build to Rent schemes [31:06] Income lost due to rent rises [37:11] Is the rental crisis happening in other countries? [39:43] Solving Australia’s rental crisis [41:13] The advantage of having the right data and expert help [44:31] About our Guest: Kent Lardner is a data science and business leader with over 30 years experience working for companies such as JLL, CoreLogic and General Electric. He has a passion for digital high growth businesses and has led teams of 5 to 200 people in both Australia and China. Links from the show: Suburb Help Website Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/236 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

We love tackling questions our listeners sent in – and today, we’re answering some of them (plus a slightly controversial one towards the end!) How do company title properties compare to strata title properties? What makes an A-Grade property? Is there a way to make land tax less frustrating? Tune in as we take on these questions and more! If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: ‘Company title’ property: pros and cons [01:00] Company Title VS Strata Title [04:22] Is the property market boom NOW? Should you sell? [10:30] Getting the price right in a rapidly shifting market [15:57] Determining A Grade Property [21:19] Are A Grade properties only found in premium suburbs? [25:46] Getting an A Grade property in Sydney [32:22] Landtax thresholds and rates [38:48] Issues on tenancy and society [45:51] Financial inequality in Australia [49:25] Rezoning and NIMBYism [55:06] Links from the show: Veronica’s article on land tax Your First Home Buyer Guide Podcast Episode 40 Ep 31: New ways for people to get onto the property ladder Ep 80: Is co-living the answer to housing our housing crisis? Ep 104: Build-To-Rent the new standard for renters Ep 108: Assembling Communities Ep 215: The Impact of Build-to-Rent Properties on Mum & Dad Investors Ep 230: Debunking Australia's Property Investing Myths Ep 66: What's causing Australia's housing affordability crisis? Ep 111: Homelessness, Housing Affordability and Protecting YOUR Future Ep 191: The Growing Housing Affordability Crisis Ep 89: Australia's home ownership crisis Ep 205: Should You Be Worried About Australia's Affordability Crisis? Ep 224: Debrief: The Falinski Report on Housing Affordability in Australia Ep 227: How Inflation and Interest Rate Rises Affect First Home Buyers Ep 231: The Sketchy Economics of Real Estate Ep 234: The Australian Dream of Home Ownership: Less Realistic Than Ever? Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/235 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

With the economic headwinds caused by rising interest rates, ballooning inflation, and wage stagnation, is it time for the majority to face reality and retire the great Australian dream of home ownership? Are government initiatives enough to ease the housing affordability crisis? Will there be any real housing policy changes after the elections? What should homebuyers do as prices increase? Brendan Coates, the Economic Policy Program Director at Grattan Institute, joins us in today’s episode to help us understand the economics behind the housing affordability crisis, government responses, inflation, and more. If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: Insights on election pitches around housing [02:05] Housing shortage & the lack of first home buyers [05:19] Will Australia see any REAL housing policy changes anytime soon? [10:02] Will the rate of renters in retirement go down eventually? [16:12] The myth around the demographic of first home buyers [19:43] Western Australia’s and Victoria’s housing schemes [24:27] Should you worry about inflation and rising interest rates? [30:58] Financial moves homebuyers should do amid the inflation [36:49] What’s driving house prices to go up? [41:15] Can we ever go back to a low-interest world? [46:50] Why have wages in Australia stagnated? [53:26] Defining productivity from an economic perspective [56:05] What’s causing the inflation in Australia? [01:01:30] Does Australia have a short term migration problem? [01:05:25] About our Guest: Brendan Coates is the Economic Policy Program Director at Grattan Institute, where he leads Grattan’s work on tax and transfer system reform, retirement incomes and superannuation, housing, macroeconomics, and migration. Links from the show: Ep 89: Australia's home ownership crisis Ep 124: The new normal: will your household finances hold up? Ep 153: Accessing super for home buying? Do it or don’t? Ep 195: Is Australia Ready to Reopen? Grattan: Shared equity is a start… Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/234 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Airbnb continues to take the world by storm and with lockdowns easing up and tourists surging, the demand for local accommodation has steadily increased – but with talks of legislation limiting short term rentals coming in, how will the market adapt? How much has the short term rental market changed? Will they continue to grow after COVID? Is it still a good idea to list your property on Airbnb? In today’s episode, Quirin Schwaighofer of MadeComfy shares his insights on the future of short term rentals. We talk about how the ratio of vacancy rates and tenants shifted over the pandemic, how the Work-From-Anywhere movement boosted short term rentals, existing Airbnb restrictions in Australia, and more! If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: How COVID impacted the rental market [02:36] Balancing out vacancy rates and tenants [07:04] Quirin’s thoughts on the Work-From-Anywhere movement [13:02] COVID’s effects on property ownership [19:12] Will legislation limiting short term rentals have a negative effect? [22:01] Australian states with Airbnb restrictions [30:14] Potential roadblocks for investors eyeing the short term rental market [37:02] Will short term rentals continue to grow? [43:31] The costs of putting up an Airbnb [51:24] How MadeComfy filters properties [54:26] Factors to consider if you want to enter the rental market [1:00:18] Quirin’s property Dumbo [1:02:53] About our Guest: Quirin Schwaighofer is the Co-CEO & Co-Founder of Australia's accommodation innovator MadeComfy. MadeComfy manages properties in the short term rental market and since its launch in 2015, MadeComfy transformed into a fast-growing and multi-award-winning disrupter of the Real Estate and Hospitality market and became an official partner of Airbnb in 2019. In his spare time, Quirin loves adventurous travel and supporting his daughters to chase their dreams. Links from the show: What sort of property makes the best short term rental? MadeComfy Website Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/233 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

There are at least three levels of government responsible for Australia's housing policy – all of which contribute to the country’s complex housing affordability issue.  Which level of government holds the most swing? How much of the decision-making is evidence-based? What are the factors considered when formulating housing policy?  Chris O’Dell of GYDE Consulting helps us understand the ins and outs of Australia’s housing policy. We talk about how the system works, rezoning opportunities in regional areas, site acquisition, and more! If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: How many government-level decisions around housing are evidence-based? [02:14] Key features of the Greater Sydney Plan [04:13] Addressing rising prices in regional Australia [09:33] Why small town property issues don’t make a national impact [14:18] Why policy makers are missing out on opportunities in regional Australia [17:41]  Migrants’ effect on Australia’s population growth [22:21] Does Parramatta still have massive potential? [26:31] Chris’s thoughts on building supply and costs [30:14] Is land banking making site acquisition difficult? [36:00] How rezoning of greenfields will affect NIMBYs [39:46] The naivety around redeveloping Sydney [44:04] Should there be a mandate on what properties need to be built when rezoning? [56:03] Chris’s property dumbo [01:04:27] About our Guest: Chris O’Dell is a Director of Analytics at GYDE consulting in NSW. In his nearly 20-year career, he has worked across many industries including planning, engineering and transport in both the public and private sectors. He has dedicated his career to understanding and explaining how changes in policy and macro and micro trends impact the way people move, work and most importantly find homes to live in.  During his time in State Government, Chris was responsible for the creation of key State Government datasets that monitor housing activity and population growth. He now works very closely with all levels of Government, strategic planners, industry and anyone else who will listen about the importance of evidence-based decision making. Links from the show: ‘Historic’ drop in supply of new Sydney homes prompts shortage warning Info on the Greater Sydney Plan Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]  Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/232 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

We enjoy conversations with economists in The Elephant in the Room podcast, we really do! – even though we rail against their persistent inability to predict the property market.  Today, we’re talking to economist Dr Cameron Murray, a specialist in property markets, environmental economics, corruption – and a bit of a maverick in his space.  We cover his views on the current state of the market, the (im)possibility of property prices going down, limiting the migration line, his proposed Singaporean housing model, and more! If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: Cameron’s thoughts on the Falinski Report [02:07]  The causes of drip feeding [03:57] Why dropping property prices is close to impossible [07:56] Housing supply shortage and rezoning matters [14:36] Is housing affordability really a problem? [17:43] The ‘NIMBY’ phenomenon [21:58] Why Australia still has high homeownership rates [24:07] The Singapore model of housing [31:09] Australia’s grant scheme: The truth [36:45] The Nightingale housing model [40:11] Will changes in politics change the housing market? [46:52] An economist’s view on migration [50:27] Cameron’s property Dumbo [55:59] House prices vs Income [57:30] About our Guest: Dr Cameron Murray is an economist with a passion for improving society. He specialises in property markets, resource and environmental economics, and corruption. His research on grey corruption in Australia has been transformed into a book called Game of Mates: How favours bleed the nation. The book explains how the Game of grey corruption is played, how much it costs us, and what we can do about it.  Links from the show: Fresh Economic Thinking Blog Cameron’s submission to Falinski inquiry Cameron’s follow up “questions on notice” submission Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/231   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Property advice is unregulated and plenty of myths surround what makes a good investment. Many of these myths are just sales talk, but people still seem to be enticed across the nation.  In this episode, we’re challenging property investing myths a lot of Australians believe – Is there such a thing as ‘the right timing’ in buying? Should you trust bank property predictions? Should you worry about rising interest rates? Evan Thornley of LongView Property Managers & Advisors joins us in providing evidence that most of these property investing myths are… rubbish! If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: Evan’s journey from tech to property [02:13] Buying the wrong property investments [06:12] What does LongView do? [09:36] Managing investors with underperforming assets [14:36] Why 71% of property investors stop at one property [18:19] How does leverage help investors? [22:02] On LongView’s vision and goals [26:21] Is the government pointing you in the right property direction? [32:42] Why traditional bank property data presentations don’t work [34:02] School zones' impact on property prices [39:19] What’s driving land value appreciation in Australia? [44:48] The myth around interest rates and buying at the ‘right time’ [47:09] Two factors that affect Australia’s rising interest rates [52:19] Waiting for property prices to fall [56:56] Evan’s property dumbo [1:03:07] Links from the show: ‘Weapons grade bulls---’: Property data challenges sales blather Will Higher Interest Rates Cause Property Prices To Fall? Episode 222: Fool or Forecaster 2022: Bank Scorecard Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/230   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

In this month’s Suburb Trends episode, we’re doing something different – suburb karaoke!  Which suburbs are performing well in May 2022? What’s happening to property prices in flood zones? Where are apartments a good investment?  Resident data geek Kent Lardner hops in as we answer property location questions you, our dear listeners, have sent in. We take a look at suburbs around Queensland, Tasmania, New South Wales, Victoria, Adelaide, and more!  If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: Should you invest in property in Ballina, NSW? [02:23] How did floods affect properties in New South Wales? [07:40] Apartment trends in Elwood, VIC [09:23] What property to buy with one million dollars [15:02] Ferny Hills vs Ferny Grove [17:40] Suburbs of Queensland [21:10] Taruna, Sandy Bay, and Hobart performance [24:11] The mass exit from Sydney to Hobart [26:42] What’s happening in Bellingan? [29:54] The neighborhoods of Victor Harbor [31:24] The future of mining towns in North Queensland [36:12] Should you buy property in Mackay? [39:56] Moving on from getting burnt out in property [42:18] The risks of getting pressured to invest in property [44:12] Links from the show: Ep 229: What History Tells Us About the Brisbane Floods Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/229   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

The March 2022 Queensland floods are a reminder of how futile it is for man to try to hold nature at bay and yet for over two centuries, we’ve constantly rebuilt towns and homes built on floodplains – is it worth it?  When will we ever learn from the lessons of history? Dr. Margaret Cook, a flood historian and the author of the book “A River with a City Problem” shares the history of the Brisbane floods – how long has the flood risk been apparent? Is there a permanent solution to the flooding? What’s the government doing? If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: Why Margaret wrote her book on the Brisbane floods [02:06] What does “1 in 100 year flood” actually mean? [03:31] Human behavior, recency biases, and path dependency [06:56] Thoughts on why the government overlooks flood risks [12:44] Flood risks and insurance issues in Queensland [14:43] Are flood maps and weather reports reliable? [18:44] On building around nature and flood-ready homes [23:27] Managing Brisbane’s flood risk [27:20] How floods affect property prices [32:13] Small windows for big opportunities and making the tough call [38:15] Realistic predictions on Brisbane’s future [44:02] Keeping dam levels at bay [47:56] The aftermath of the 2011 Brisbane floods [51:13] Floods vs Drought: Which is Brisbane’s biggest problem? [53:31] Margaret’s recommendations for flood prevention [55:57] Margaret’s property dumbo [59:34] How banks and insurers deal with flood-risk properties [1:01:59] About our guest:  Margaret Cook is a history lecturer at the University of the Sunshine Coast (USC). She specialises in the history of ‘natural’ disasters in Australia especially floods and earthquakes. The history of floods in the Brisbane River catchment was the subject of her PhD (UQ 2018) and is now a book, A River with a City Problem: A History of Brisbane Floods (UQ Press, 2019). Her broad academic areas of interest are environmental and social history and cultural heritage with particular focus on floods, climate, cotton, water, agriculture and gender. Her research focus is environmental and social history. Links from the show: A River with a City Problem by Margaret Cook Ep 164: Australia’s underinsurance epidemic: 83% underinsured!? Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected] Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/228 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Economic headwinds are building in Australia, with rising inflation,  interest rates on the up, and low wages growth – what exactly is at stake for property owners and homebuyers?  What’s driving the global inflation crisis? Has consumer behaviour changed with high interest rates? How is the younger generation coping with the unaffordability of houses?  Joining us to talk about these issues is Saul Eslake, one of Australia’s best-known economists. We cover the challenges home buyers are facing with the current state of the economy, the effects of wage stagnation despite low unemployment, Saul’s thoughts on whether the economy will recover, and more. If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: Saul’s thoughts on the global inflation increase [02:18] Supply chain issues and how to respond [08:52] Australia’s wage stagnation problem [12:25] How immigration affects the economy [14:51] Addressing the oil price hikes [18:53] How interest rate rises affect consumer behaviour [22:13] Will government spending create more issues at a time of high inflation? [28:06] The unusual effects of economic recession [32:02] Saul’s views on the Falinski Report on Housing Affordability [37:06] On Scott Morrison’s 5% deposit scheme [43:48] How the younger generation is coping with the housing issue [46:29] Presumed timeline on Australia’s economic recovery [48:50] Global economies Australia could mirror [56:28] About our guest:  Saul Eslake is one of Australia’s best-known economists. He’s been following, analyzing and offering commentary and advice on the Australian and other economies for more than 40 years. In July 2015 Saul started up his own economics consultancy business, operating out of Hobart, and in April 2016 took up a part-time position as a Vice-Chancellor’s Fellow at the University of Tasmania. Saul is a member of the Australian Parliamentary Budget Office’s Advisory Panel; the Australian Taxation Office’s ‘Tax Gap’ Advisory Panel; and is on the Advisory Board of Jamieson Coote Bonds, a Melbourne-based specialist bond investment manager. He also chairs the CSIRO’s Decadal Climate Forecasting Advisory Board. Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]  Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/227 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Did you know that you don’t need any qualifications to become a property advisor and provide a property plan?  What does this mean for property investors? Are property plans worth getting if you want to build an investment portfolio? What can go wrong?  In today’s episode of The Elephant in the Room, we talk about what property plans are, how advisors reel people into getting one, and if you need it at all!  If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: Why people think they need a property plan [00:51]  The problem with financial advisors recommending property plans [03:33] Are property plans roadblocks for investment growth? [08:11] Property forecasts: Are they reliable? [12:00] Why Your Equity Matters in Property Investing [15:26] Property is NOT a last minute solution for retirement [19:24] How much time you actually need to gauge property performance [23:34] The wrong perceptions on property investing success [27:50] What property you buy makes all the difference [32:41] Property investing post-COVID [35:11] Financial advice in a nutshell [40:18]  Is getting a financial advisor and a property plan a good idea? [42:57]  The alternative to getting a property plan [47:22] Links from the Show: Episode 217: Property Advisors, Buyers Agents, and the Educational Gap Issue Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]  Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/226 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Are you considering transitioning from residential to commercial real estate investing?  How do you enter this industry? What are the types of commercial properties? When is it a good idea to invest in commercial real estate? In today’s show, we are joined by Stuart Wemyss, author of the best-selling book Investopoly. We discuss the opportunities and risks in commercial real estate, what type of investor is best-suited to investing in commercial property, how to assess commercial property, and more! If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: The misconceptions around commercial property [01:35]  Types of Commercial Real Estate: Retail property [04:24]  Risks around retail properties [07:35] Types of Commercial Real Estate: Industrial property [11:06] Types of Commercial Real Estate: Office [15:26] Commercial vs Residential property [17:49] Considering your stage of life when looking at commercial properties [20:44] The mistake of thinking too much about income [26:28] Building different asset bases [28:50] Real estate syndication risks [31:51] When to consider investing in commercial real estate [35:38] Why business owners miss the opportunity to invest in commercial [41:02] The value in building a relationship with your tenants [43:36]  Why commercial property investing is complicated [47:45] Who should invest in commercial real estate? [51:48] The right amount of resi in a portfolio [54:01] Stuart’s property Dumbo [57:15] Links from the Show: Visit Investopoly Website Ep 39: Where can you get excellent financial & property advice? Ep 126: Lending rules & predicting the property market Ep 162: Houses vs Apartments About our guest:  Stuart Wemyss is a qualified chartered accountant, independent financial advisor and mortgage broker with over 20 years experience. He founded his business, ProSolution Private Clients in 2002 and has helped hundreds of clients invest successfully.Stuart is licensed to provide financial, credit and tax advice which means he is able to give holistic advice. He has published four books including Rules of the Lending Game and the best-selling, Investopoly. He is a regular contributor to The Australian newspaper and other TV, radio and print media. Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]  Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/225 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

There IS a housing affordability crisis in Australia.  In this episode, we’re taking a look at and debriefing the Falinski report: a Federal Government Inquiry into housing affordability and supply in Australia, conducted in the second half of 2021.  What’s causing the drop in housing affordability? What does the Falinski report recommend to ease the crisis? Are there gaps in the report? We cover these and more in the show! If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: Our views on housing affordability [02:01] Declining homeownership rates in Australia [04:26]  The correlation between interest rates and housing affordability [08:16] On taxes, levies, and construction costs [10:41] The government’s role in delivering and funding housing services [14:32]  Falinski Report recommendations on housing affordability [18:04] Halting top-down impositions & loosening planning restrictions [18:09]  Holding accountability in certain areas [24:18] Addressing homelessness, critical housing, and rent-to-buy schemes [28:29] Using super to assist first home buyers in securing deposit [32:08] Will keeping negative gearing help housing affordability? [35:16] Replacing stamp duty with land tax to increase supply [38:51] Acknowledging transitional costs [41:34] Ensuring developer contributions are used on infrastructure [42:03]  Evaluating the build-to-rent sector, APRA & non-bank lenders [43:55] Monetary policies, information flow, and government support for housing [46:06] What the Falinski report does not cover [47:48] Is the lack of luxury housing causing a domino effect? [51:05] Links from the Show: Inquiry into housing affordability and supply in Australia Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]  Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/224   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Building materials have soared in the past few months due to the COVID pandemic. What major implications did the pandemic have on the building industry? How are builders and developers addressing material and labour shortages? Will prices eventually normalise? Today we’re joined by data geek Mike Mortlock of MCG Quantity Surveying to discuss the construction materials cost crisis, the current building price index, the effect of COVID on the property market, the rental loss index, and more! If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: The workforce and supply issues brought by the pandemic [01:24] How the material and labor shortage affected builders [05:23] What are builders and developers doing to calm down the cost crisis effect? [10:08] The current building price index [15:27] How local and world issues are affecting construction costs [18:14] The price differences when building in different locations [22:25] Will prices normalise after the COVID pandemic? [25:20] COVID’s role in business restructures and livelihood [32:06] Mike’s work on the rental loss index [36:55] Rental loss index findings on vacancy rates [41:40] Good asset vs vacancy [50:05] Vacancy rates in the commercial market [54:16] Mike’s property dumbo [57:28] Links from the Show: Ep 60: Are property investors paying more tax than they need to?  Ep 128: Trends in property investment: What does the data say?  The MCG Quantity Surveyors Rental Loss Index Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/223   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Another year, another fool or forecaster report. In this episode, we’ve gathered data and put together a bank scorecard - which banks did a good (or foolish) job of forecasting the property market? Which ones are the most reliable? Is 2022 the year to make a property move?  Listen in on our discussion on authority bias, world events that affected the property market forecasts, holding bank economists accountable, and heaps more! If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: Looking back at bank records [01:35] Authority bias: Why we assume “experts” are right [06:52]  World events and factors that affected market forecasts in 2022 [10:34] Which “experts” should you rely on? [13:04] The correlation between house prices and interest rates [16:48] The dangers of making forecasts on a macro level [19:47] Is it possible to predict risk? [23:54] How COVID changed the real estate market [26:02] Is 2022 the time to make a property move? [28:32] Are apartment investments compromised? [33:32]  Holding bank economists accountable [35:58]  Should you base your property buying decisions on forecasts? [39:26]   Links from the Show: Fool or Forecaster Report 2022 Finder RBA Cash Survey CoreLogic Home Value Index Scope Economic Survey Will Higher Interest Rates Cause Property Prices To Fall?    Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]  Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/222  If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

As digital platforms and online portals become more sophisticated, the relationship between sellers, agents, and buyers have shifted as well… But to what degree?  How are buyers’ data and information being treated in the online space? Is your privacy as a buyer compromised? Should you consider buying property in an online portal?  Today, we are joined by Simon Hope, General Manager of Product for Residential at REA Group, to help us understand the nuts and bolts of search engines, online property portals, data collection, and loads more!  If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: REA’s grand vision [02:10]  Are real estate agents creating friction between buyers and sellers? [05:35] The property pricing problem with agents [08:11]  How REA is addressing real estate pricing and trust issues [11:30] What information do online platforms collect from buyers? [14:07] How REA helps agents and buyers [18:06] The shifting conditions of online privacy and behaviour [21:23] Who owns the data buyers enter in online portals?  [23:52] REA’s answer to cybercrime and off market sales [26:44] Buying property on vs off portal [32:00] Will online portals replace real estate agents in the future? [37:27] REA’s plans on domestic market expansion [38:49] Navigating and embracing innovative property solutions [43:37] Should there be concerns over the amount of data online portals hold? [47:01]   Links from the Show: REA News: Vendors selling their homes off-market could be costing themselves plenty REA Website   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]  Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/221  If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Today, we’re answering real estate questions our awesome listeners sent in!What are entry level prices for the Sydney property market? How do you price property in a volatile market? How much are you losing when you overcapitalise?We’re diving into these questions and more as we talk about market research, the ripple effect, bridesmaid suburbs, and heaps more!If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]!See you in the episode! Episode Highlights: Is the Sydney market unachievable? [01:02] When should you sell property and reinvest? [08:58] Factors to consider before selling your property [12:39] How Veronica researches property prices [19:45] Will the current premium markets plateau any time soon? [25:31] Are ‘bridesmaid’ suburbs worth it? [31:20] Characteristics of good-performing properties [36:31] The problem with overcapitalising on your property [42:39] How to avoid overcapitalising [46:01]  Links from the Show: Home Buyer Academy’s FREE Course Suburb Trends July 2021 | Best metrics to measure growth? Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]  Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/220  If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

The Australian property market has faced many unexpected changes during the end of last year up to the first quarter of 2022. So, how is it holding up? What global events are affecting the market? Is the rental market improving this year? Is the Australian social class gap slowing down the market?  In today’s Suburb Trends episode, our resident geek Kent Lardner joins us as we take a look at the statistics and discuss the changing market conditions in the country, property inventory, areas going strong, areas showing signs of softening, and heaps more!  If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: Data gathering methods used [01:04] The status of property inventory and sales volume [02:30] How government grants are affecting the market [04:58] A summary of market conditions [08:33] Strong areas and Melbourne’s surprising comeback [12:58] Global issues challenging the property market  [15:19] The rental crisis and the problem with homelessness [18:42] The effect of reopening borders to the rental market [22:00] Rental price delays and the “Landlord Pride” theory [26:03] On indexing and the mentality behind determining property value [28:41] Is buying a unit or apartment (finally) a good idea? [34:43] How the Australian social class gap affects buyer options [41:09] A list of robust property markets [46:28] The price data anomaly [52:22] Links from the Show: Suburb Trends July 2020 | Micro vs Macro Markets w/ Kent Lardner Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]  Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/219  If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Did you know that statistically, over 4,000 people die each year due to asbestos exposure? Not only that - one out of three properties in Australia contain asbestos, and most occupants aren’t even aware of it!  Knowing this, why is this issue yet to be addressed properly? How serious is this problem, and how can you make sure that you’re safe from it? Martin North of Asbestos Awareness Australia will walk us through everything we need to know about asbestos and how to deal with it, and the dangerous consequences its presence poses in property. We’ll also discuss myths about asbestos, the lack of action most people have, accreditation for asbestos removal, and more. If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode! Episode Highlights: A warning for property owners [01:38] The problem with asbestos [03:53] Are Australians aware of this asbestos issue? [08:50] The dangers of not knowing if there’s asbestos in your property [11:56] Is asbestos fine on your property as long as it’s not disturbed? [16:59] The lack of action towards asbestos [20:34] More women are being diagnosed with mesothelioma due to DIYs [25:39] Driving political change that addresses the issue [28:23] The urgency when dealing with asbestos [34:54]  Debunking the myths about asbestos [37:25] Checking a service provider’s accreditation for asbestos removal [39:36] How the UK deals with the dangers of asbestos [42:10] Don’t just leave it to the government [45:00] Remember to wear a mask and other protective equipment [49:17]   Links from the Show: Visit Asbestos Awareness Australia About Martin: Martin North is the founder of Digital Finance Analytics and curates the YouTube Channel Walk The World, where he covers finance and property news with a distinctively Australian flavour. In addition, he is a founding director of Asbestos Awareness Australia, a registered charity which was established with his wife Gill, last year. Gill was a Professor of Law and diagnosed with mesothelioma, an aggressive cancer which is caused by random exposure to asbestos. Before her death in December last year, she had spent the past 3 years researching the story of asbestos. Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]  Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/218  If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Getting property advice is one of the most important steps to take when investing in real estate. However, there is no guarantee that every property advisor in the industry has received the right level of education, which can be pretty risky, especially for investors. What are the dangers inherent in the unregulated nature of real estate? How does this low barrier to entry for buyer’s agents affect consumers?  In this episode, Peter Koulizos of PIPA is going to help us understand the educational gap issue and its impact on the real estate market. We’ll talk about the absence of regulation governing property investment advisors, accessibility of good advice, the future of the property market in Australia when it comes to education, and more! If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: What is “property advice”? [02:09] Difference between a property investment advisor and a buyer’s agent [04:28] What qualifications are needed to become a property investment advisor? [06:12] Why is there no need for regulation? [10:50] Regulations in property & becoming a property investment advisor [15:10] Overregulation for some professionals in real estate [18:25] Property investment hot-spotting [21:55] Resistance in the property industry [25:41] Paying for good property advice [27:59] Mistakes some people make when purchasing properties [34:10] Yield vs growth: What is more important when it comes to property? [35:46] Capital growth gives you a tax liability (for good) [38:01] Identifying if someone’s methodology works [41:01]   Links from the Show: For property investment advice, visit the PIPA website  Episode 207: Suburb Trends December 2021 | Exploring the Dark Side of Property Data Episode 213: Why Do Real Estate Agents Have Such a Bad Reputation? | John Cunningham, Cunninghams Real Estate About Peter: Known as “The Property Professor”, Peter Koulizos holds a teaching degree, Masters of Business (Property) and Master of Urban & Regional Planning. Peter is currently the Program Director of the Master of Property at Adelaide University. Peter has been teaching in real estate and investment for over 25 years. Peter also personally invests/develops property and currently holds several properties. He has published two books; “The Property Professor’s Top Australian Suburbs” and “Property vs Shares”. His third book will be out soon.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/217    If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Sometimes it takes a sensational event to bring attention to major problems. Take, for example, the evacuation of approximately 3,000 people in Sydney’s Opal Tower and Mascot Towers. Through these two stories dominating the headlines, Sydney's dysfunctional planning and development system has been highlighted. How big is this problem? How can both ordinary citizens and our governments address this issue? Laura Crommelin of UNSW shares with us her findings on the research she has conducted into building defects in strata, the truth about building defects, problems with design and construct contracts, and everything about the hazards that may be present in a building. If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Why Laura decided to tackle Sydney’s building defects in her research [01:54] The challenge of finding out the truth [06:52] Coming up with a definition of a ‘defect’ [10:44] What are the most common building defects? [12:21] Design and construct contract and its issues in residential construction [14:39]  When does the government get involved in these building problems? [19:38] Is the government’s strata building bond inspection scheme a good move? [22:23] Data blindness when purchasing brand new properties [25:37] The star-rating system for developers [29:21] Do developers and builders care about the building defect issues? [32:57] Luxury and quality may go together, but what about affordability? [37:09] How can we get out of this mess in the property industry? [43:15]  The light at the end of the tunnel [47:02] Laura's property dumbo [49:35] Being aware of the defect issues before you suffer from them [53:11] Creating a standard for record-keeping in strata properties [56:06]   Links from the Show: Cracks in the Compact City: Defects in Strata Episode 188: Is your property fire safe? | Rob Broadhead, 2020 Fire Protection Episode 176: Developers are in the Government’s crosshairs | David Chandler, NSW Building Commissioner Episode 206: Buyers Beware: Who Controls Your Access to Information? | Dr. Nicole Johnston, Deakin University Episode 112: Pandemic Crisis, What Will Happen to the Market | Veronica Morgan & Chris Bates   About Laura: Laura Crommelin is a Senior Lecturer in the City Planning Program at UNSW Sydney, teaching planning law and governance and working on research related to urban and housing policy. She is also a Fellow at UNSW's City Futures Research Centre. Laura’s research interests cover a range of trends and issues in post-industrial cities, including urban renewal, urban governance, digital disruptions (e.g. Airbnb), place branding, and DIY urban revitalisation practices.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/216    If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

These days, the supply of build-to-rent properties, or “multi-family dwellings”  is steadily rising. But how much will it affect the market overall? Should we be concerned about the potential risks this growing segment poses? How about the opportunity costs and losses in today’s booming market? What do we make of that? Join today’s Suburb Trends episode, along with our resident data geek Kent Lardner, as we cover the rise of build-to-rent properties, how it might impact mum & dad high rise investors, Kent’s Win-Loss Ratio, and heaps more! If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Approaching the rise of build-to-rent properties [1:21] Why are people making build-to-rent properties when there’s an oversupply? [03:08] Yield drives “corporate landlord” behaviour [05:22] Build-to-rent assets are a totally different product [09:02] How attractive are build-to-rent properties to long-term tenants? [12:20] Are there plenty of build-to-rent properties available today? [15:45] A theory about why they’re called “multi-family” properties [17:27] The high risk individual apartment holders face [19:12] Looking at the “boom” and what’s happened (& will happen) in the market [25:15] The danger of the housing affordability push [29:00] Opportunity costs (and losses) in a booming market [35:27] Kent’s Win-Loss Ratio [37:36] Price growth in properties along northern beaches due to COVID [43:17] Locations with the worst win-loss ratios [46:01] The gap between privileged investors versus those on a tight budget [53:21] What’s in the next Suburb Trends episode? [56:34]   Links from the Show: Episode 104: Build-To-Rent the new standard for renters | Adam Hirst, Mirvac   Connect with Us: Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? https://www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/215 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Alternative property investment can be great for your portfolio if you know how to do it properly and with the right advisors around you! Salena Kulkarni of Inkosi Wealth joins us as we delve into a different type of property investing (which may sound a bit risky) that may offer another path to success if you do it the right way. We’ll discuss further what an alternative investment is and how it differs from the traditional route.  If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: What is alternative investing? [02:20] What does market “inefficiency” mean? [02:58] The element of luck in property investment outcomes [06:15] Examples of alternative investments [08:20] Is the belief “high risks, high rewards” an actual fact? [13:56] Alternative investing for people just starting out in property [19:02] Alternative investment as a concept (and in the real world) [22:08] What happens to the capital if you invest for retirement? [28:13] Salena’s “shirt loss” story that you can learn from [32:19] A successful alternative investing story [41:24] Creating a plan & mindset for alternative investing [45:15] Changes in the properties in Australia [49:49] Salena’s property dumbo [52:41] Lessons we can learn from Salena [58:22]   Links from the Show: The Alternative Investing Podcast  Episode 1: Who is really making the decisions when you bid at auction? The Freedom Warrior: How to Build A Bigger Life Through Alternative Property Investment Strategies Check out Inkosi Wealth   About Salena: Salena Kulkarni has been a chartered accountant for 25 years, a certified property investment adviser and a wealth strategist. She has helped 100’s of investors build wealth and shave decades off their timeline to hit their financial freedom. Her focus over the last 12 years has been on building an expansive network of exclusive off-market opportunities and sharing them with discerning investors who want investments that outperform the market and offer measurable return on investment.   Connect with Us: Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? https://www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/214    If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Research shows that only 5% of Australians see real estate agents as honest and ethical. Why do real estate agents have such a bad reputation? Why is there so little transparency in the property market? Can agents find a way to earn the trust of buyers and sellers? John Cunningham of Cunninghams Real Estate joins us for a look into building trust and showing transparency to consumers in the property market. We also dive into how the lack of transparency leads to distrust, accountability in the real estate industry, finding the right agents, and a whole lot more! If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Update on the Pathway to Professionalism project for real estate agents [02:10] Looking past disillusionment in the industry & staying driven [04:10] The importance of full transparency in negotiations [07:03] Trusting real estate agents: A challenge among consumers [10:50] Putting regulations in place to address consumer concerns [11:32] The issue with real estate agents getting around the regulations [15:11] Taking a look at consumer reviews [23:32] Are all real estate agents great? [31:16] Consumers don’t trust real estate agents - yet give them business [34:37] How can consumers find the right agents? [40:03] Consumers only understand 40% of their property transactions [44:22] John’s property dumbo [45:31]   Link from the Show: Episode 12: The Big Disruption About to Shake Up Real Estate Agents  Episode 122: Pandemics, Property & Purchasing http://www.roymorgan.com/findings/8691-image-of-professions-2021-april-2021-202104260655   About John: Opening Cunninghams in 1991 with his wife, Ann, John integrated this philosophy into the burgeoning 4 office, 75+ team member business it is today on Sydney’s Northern Beaches. Since then, John's innovative and personal approach coupled with his expertise and intimate knowledge of the market, have set Cunninghams as a benchmark business in the industry.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/213   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Property buyers—investors and owners alike—tend to have a personal opinion on where the property market is heading in the future. Individually, you’re likely to take these opinions with a grain of salt. But as a whole, these pieces of information present us with a snapshot of how consumer confidence might affect market behavior. Today, we will learn more from REBAA’s President, Cate Bakos, as we talk about the results from the second Buyer Barometer Survey showing what Australian buyers think about the property market. We’ll get clues on the year ahead, the factors affecting buyer behaviour in the property market, rental drivers, and other insights. If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: An overview of the 2021 Buyer Barometer Survey [01:53] Some of the surprising findings in the survey [03:52] Key differences in the results compared with last year’s [07:51] Insights into the most desirable property location in 2022 [09:03] Factors affecting the buyers’ property investment decisions [10:35] Investor mentality vs. owner-occupier mentality [12:12] Measuring how people are reacting to the hot market [14:25] The eviction moratorium’s impact on investors [16:00] Findings on the rental movement in the property market [20:42] What drives rents up or down? [25:02] Statistics on buyers willing to buy property sight unseen [31:58] The dangers of using borderless buyer’s agents [34:30] Why buyers shouldn’t just follow what’s popular [41:25]   Links from the Show: 2021 REBAA & PTA Buyer Barometer Survey   About Cate: Cate Bakos is a fully-licensed buyer’s agent and Qualified Property Investment Advisor (PIPA). Purchasing her first property at 21, Cate continued to invest in property whilst developing her career in sales and marketing with Orica (formerly ICI). In 2003, Cate won a marketing and bursary award, however her passion for real estate saw her make the decision to move into the property industry as a sales agent in Melbourne’s Bayside. Cate currently holds the position of President for REBAA (Real Estate Buyers Agents’ Association (national body) and is a proud PIPA member with a QPIA (Qualified Property Investment Advisor) status.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/212   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

At the end of 2021, the media ran many stories on a market downturn. The problem is, there never seems to be any middle ground with property headlines. It's always either boom or doom.  What sparked these gloomy headlines? Is the property market really experiencing a downturn? And what does this mean for sellers and buyers in 2022?  To gain clarity, we’re joined by Meighan Wells of Property Pursuit and Jarrod McCabe of Wakelin Property Advisory. We discuss our outlook on the Melbourne and Queensland property markets, if we should focus on the right time to buy or the asset, and how to best prepare for buying in 2022. If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: The Melbourne property market after its sixth lockdown [2:19] Clearance rates in Melbourne at the tail end of 2021 [6:27] Seasonality, short auction campaigns and the COVID-factor in the Brisbane property market [8:10] The Queensland relocation trend and its effect on property prices [12:13] Why are rental values in Queensland increasing? [17:22] The best time to run auction campaigns in Melbourne in 2022 [24:49] The best time to buy and sell in Queensland in 2022 [29:47]  Outlook for Australian property markets in 2022 [37:54]  Should you focus on buying at the right time over the right asset? [42:59] How to get ready for buying property [47:52]   Link from the Show: Your First Home Buyer Guide Episode 40: How Can You Identify A, B, and C Grade Properties?   About Jarrod: Jarrod McCabe is the Director of Wakelin Property Advisory. With more than two decades of valuations and investment experience under his belt, Jarrod never fails to deliver for his clients. He is also a passionate property investment educator who actively delivers webinars and seminars and contributes to media sources.    About Meighan: Meighan Wells is the Principal of Property Pursuit and co-founder of the Home Buyer Academy. She is also the co-presenter of Your First Home Buyer Guide Podcast. Her excellence, hard work and ethics have earned her multiple awards and a growing list of satisfied clients over the years.    Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/211 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

The COVID-19 pandemic brought ten years of changes in just one year, and there’s no doubt that 2021 has been a wild ride. That being said, how can buyers, investors, agents, and sellers best prepare for the differences in market trends for the years to come?  In this episode, we have Cameron Kusher of REA Group to share unique and valuable insights about the property market and what people can learn from 2021, the potential use of AI in the market, the impact on property of working from home, and more!  If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: What’s been happening at REA Group in the last two years [02:06] Signs at the beginning of 2020 that pointed to the property market boom [03:02] Is the ‘second home phenomenon’ sustainable? [05:15] How many people in the search data will actually buy a property? [07:29] The potential use of AI in property market data [15:10]  What is going on in the Australian property market in terms of inquiry data? [16:58] The affordability drive [21:39] Will there be abatement in the rising of property prices? [22:51] Common filters people use when searching for properties [25:38] Factors that are holding investors back [31:46]  Rentals in Australia [34:07] Looking into the changes in regional search activity [38:41] Measuring the popularity of a listing [40:31] The impact of working from home in the property market [44:09] What buyers and sellers need to look into in 2022 [45:49]  Cameron’s Property dumbo [50:49]   Link from the Show: Locked Down But Not Out: Investors stage 2021 market comeback   About Cameron: Cameron Kusher is the Executive Director of Economic Research at REA Group. He has worked in several areas of the property sector throughout his career and has more than 15 years’ experience working as a property market analyst in both the residential and commercial fields.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/210   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Not every suburb is worth buying property in. Sure, sometimes data may suggest otherwise, but those “top 10” lists don’t really tell you everything. Aside from the market trends and forecasts in the real estate industry, you also have to check crime statistics - no one wants to live in an area where people live in fear! So, how can you evaluate and analyze data (including crime statistics) so you’ll know which suburbs to avoid? Today, we have Suburb Trolls’ Kent Lardner & Mike Mortlock for a lighter chat about what impacts property prices. We also talk about identifying the suburbs to avoid just by looking at the news, crime statistics, and real data. If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Taking a look at the crime statistics [02:58] What constitutes a crime? [05:34] Measuring the underquoting index of a suburb [09:10] Kent and Mike’s learnings about suburbs, which they didn’t know before [12:05] Sh*t towns of Australia [14:14] The bogan-ometer and the bogan factor that’s good for property prices [19:00] Do buyers avoid housing commission areas (a.k.a. social housing) [26:29]  Where do the robbers come from? [28:35] The truth behind well-regarded publications and their “top 10 lists” [32:44] Will Suburb Trolls keep pushing forward? [36:23] Suburbs that have both the high & low end of the same data set [42:30]  Mike’s property dumbo [50:29]   Links from the Show: Sh*t Towns of Australia by Geoff Rissole and Rick Furphy   About Mike & Kent: Mike Mortlock is the Managing Director at MCG Quantity Surveyors, Australia's fastest growing QS firm and one of Australia's top 100 fastest growing companies (AFR Fast 100). He’s also a co-host of the Suburb Trolls podcast, and host of the Geared for Growth Property Investing Podcast. Australia's most poorly produced, unbiased, conversation based podcast. Kent Lardner is a data science and business leader with over 30 years experience working for companies such as JLL, CoreLogic and General Electric. He has a passion for digital high growth businesses and has led teams of 5 to 200 people in both Australia and China.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/209   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

When it comes to negotiating to buy a property, most people are at a disadvantage and sometimes, they’re not even aware of it. If you don’t know how to distinguish whether or not you have the upper hand, how will you know that you’re actually getting a mutually beneficial arrangement? Today, Todd Sloan of the Pizza & Property Podcast joins us to talk about the techniques and tricks of negotiating, knowing where to start a negotiation on pricing, seller’s tricks you should watch out for and heaps more! If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Can a buyer outsmart an agent? [02:05] The effects of market conditions on a negotiation [04:12] What real estate agents know that buyers don’t [06:00] Should you change your negotiation techniques for each agent? [09:42]  How do real estate agents create urgency when selling property? [13:06] The auction reserve price [16:49] Knowing what and what not to say to buyers [20:53] Knowing where to start a negotiation when it comes to pricing [25:55] Digital options are getting some traction! [30:00] Does writing a personal letter help? [31:43]  What buyers do that don’t help them in making offers [36:21] Do agents care if the buyers are telling the truth? [40:22] Seller’s tricks that buyers should be on the lookout for [44:17] The competitive advantage of an agent [46:07] Why rapport building is important in real estate [49:32] Todd’s property dumbos [52:47] Setting limits to what the buyers can spend [57:49]   Links from the Show: Visit Pizza & Property Podcast Learn more about Todd Sloan on Timms Real Estate   About Todd: Todd Sloan is an award-winning real estate sales agent, professional renovator and host of one of Australia’s fastest growing property investment podcasts, Pizza & Property. He’s involved in more property transactions every month than most people see in a lifetime and uses his useful and unique perspective to bring home buyers quality property information in a fun and friendly way.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/208   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

In the housing market, buyers have been taught that it’s essential to rely on data when making decisions. But the truth is, property data can be presented in ways that don’t exactly tell the full story.  Sure, the statistics presented to you by “experts” may be real, but are they used correctly or are they “spin” created just for profit? In this Suburb Trends episode, Kent Lardner and I talk about the proliferation of the use of misleading property data, the different ways to measure the housing market, the dangers of relying on numbers without knowing the context, and more! If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Kent’s learnings about data and how it’s being used in some quarters [01:13] Using & misusing property data in a number of ways [03:01] Local specialists and data-driven buyer’s agents [04:15] A look at misleading data [05:04] What is the role of a buyer’s agent? [06:47] Misuse of data to support a “buy, buy, buy property” model [11:36]  Measuring the same factors four different ways in the housing market [14:05] How can data be manufactured to create a market that shouldn’t exist? [21:23]  Is it dangerous to outsource data-driven decisions? [26:13] What are the weaknesses of local buyer’s agents? [30:41] The truth about the rise of the property expert [37:46] How to value an individual property [40:12] The pros & cons of young people entering the housing market [42:19]  Creating fancy infographics with misleading data [47:36]    Links from the Show: How to Lie with Statistics   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/207   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Buying property can be difficult for a number of reasons, one of which is the partial disclosure of information or withholding of data from a strata report. But why is this prevalent and what barriers prevent buyers from being fully informed about a property before they purchase it? Who ultimately decides what information can be accessed before buying a strata property? Today, Dr. Nicole Johnston of Deakin University tackles the issue of inequity in the property buying process, specifically around multi-owned property, whether or not the law helps protect consumers in this area, what a good strata report looks like, levies, and heaps more! If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: What are you actually buying into when purchasing an apartment? [02:38] The concept of “buyer beware” & vendor disclosure [05:37] Is the legislation descriptive enough for buyers to make good decisions? [12:21]  Understand what a good strata report is from a bad one! [19:57] Why do owners corporation managers withhold information? [20:46]  How can you decide if you don’t understand the information presented? [24:27] Are low strata levies actually a good thing? [27:01] Do strata managers have standards for record-keeping? [30:21] The importance of having records to peruse before buying [35:29] Sellers are obligated to verify their own property’s data report [38:52] When owners corporations DON’T list down property issues & decisions [41:21]  Common questionable practices off-the-plan buyers can fall into [46:26] Not all contracts or agreements protect the buyer [53:08] Nicole’s property dumbo [54:36]   About Nicole: Dr. Nicole Johnston is a Senior Lecturer in the Department of Finance in Deakin Business School and a socio-legal researcher focusing on multiple aspects of multi-owned properties (strata title, condominium, apartments) including governance, conflicts of interest and legal relationships.    Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/206 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

A property boom is great for those who are already in the market - but is it really?  Today, we’re joined by Eliza Owen, Head of Residential Research Australia at CoreLogic. We explore the answer to questions like, “What risks are rising prices masking?” and talk about F.O.M.O., whether or not having two homes is immoral, the wealth effect, the highlights of the recent Pain and Gain Report, and more! If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: What is happening across the country in terms of property prices? [02:07] Hobart: Defying common knowledge on population & wages [05:53] Displacement by sea & tree changers & investors in regional areas [08:56] Is it immoral to have two homes & practice borderless investing? [10:20] What will happen once the mass exodus to regional areas ends? [14:01] It is somewhat intentional that house prices are rising! [18:54] Exploring the “wealth effect” [19:39] Is the Australian property market too big to make it affordable? [22:34]  The issue with demand and buying assets that will decrease in value [25:52] What the ABS report says about the property most first home buyers go for [27:21] Some interesting highlights from the recent Pain and Gain Report [28:35] Factors that contribute to an extreme win (profit) [35:04] Eliza’s take on making housing more equitable in Australia [38:26] The local initiative to provide housing solutions [43:52] Eliza’s property dumbo [45:53]   Link/s from the Show: CoreLogic: Australian Rents Increase at Fastest Annual Rate Since 2008 CoreLogic: Australian Vendors in the Auction Box Seat Despite Lockdowns   About Eliza: Eliza Owen is the Head of Residential Research Australia at CoreLogic. She has a wealth of experience in property data analysis and reporting. Eliza worked as an economist at Residex, a research analyst at Domain Group and previously as the commercial real estate and construction analyst at CoreLogic. Eliza is passionate about economics, and is a popular keynote speaker, having presented to thousands across the real estate, finance and construction sectors.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]  Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/205   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Property prices rise more rapidly in some suburbs than others and it makes one wonder - what could be behind this movement? Is it purely due to established properties in the area being in high demand, or do building projects & renovations have a hidden impact on price growth? Today, we’re joined by our resident geek Kent Lardner for this month’s Suburb Trends episode! He takes us through his research on the impact renovations have on price growth data, where the ABS renovation values come from, the Gold Coast hinterland’s growth anomaly and more! If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Kent’s approach on researching the impact renovations have on price growth [01:09] What else drives median prices? [02:59] Renovation costs go beyond the renovation itself [04:31] Where do the ABS renovation values come from? [06:24]  A deeper look at the growth data in certain areas [10:32] Renovating big houses to live in versus renting them out [19:35] The unexpected stand-out in growth [23:22] There’s not a lot of building going on in Sydney versus Melbourne [25:39] Comparing the price growth of Newcastle and Wollongong [27:04] The desirability of Fig Tree Pocket, Byron Bay, and Lake Macquarie [29:48] Why the South and Gold Coast areas are worth looking into [33:18] The big price growth anomaly that is the Gold Coast hinterland [34:29] What can we expect on the next Suburb Trends episode? [39:23]   Links from the Show: Visit Suburb Trends Suburb Trends Building Activity Map   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/204   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

While we’re not fans of buying stock built by most developers, we do understand that more housing does need to be constructed. Most people see builders and developers in quite a negative light, so is it possible for them to be driven by purpose rather than profit?  Shannon Peach, Director and Head of Development at Milieu, joins us as we explore the possibility of architecture as a tool to effect positive social change. We talk about advocating for densified middle-ring suburbs, what buyers look for most in a property, and heaps more!  If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Is the industry already making a change, or is Milieu doing most of the work? [01:43] The hope for favourable change in development 10 years down the track [06:04] Advocating for densified middle-ring suburbs [08:46] What is the world doing that we can apply to Australian buildings? [17:39] What Milieu does differently to protect their buyers [23:06] Transparency about who the developers & builders are [25:24]  What can developers do to stand by their product better? [26:26]  Preventing mixed-use developments from becoming ‘white elephants’ [30:29] MIlieu’s target market & expanding their customer base [33:59] Do one-beds and two-beds make developers more money? [39:57]  Is there a higher price per m2 for two-bedders vs one or three-bedders? [43:30] - 45:05  What are buyers asking most for in a property? [46:54] Resales performance of Milieu apartments compared to others [52:06] Shannon’s property dumbo [57:09]   Links from the Show: Check out Milieu Property  Shannon’s interview with Australian Design Review   About Shannon Shannon Peach joined Michael McCormack and Ross Troon in 2014 to help lead the Milieu development business. With a commitment to continue to learn, influence and educate, Shannon’s business and design approach draws on more than 15 years’ experience working in private and public development, construction and finance organisations across Australia.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/203   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Since the latter half of 2020, the prestige property market has seen amazing growth.  This segment is so exclusive that to qualify for the label, the property’s sale price needs to be over $10M in Sydney and Melbourne or $7M elsewhere, and this got us thinking, “Well, what is driving the incredible price growth we’ve been hearing about across this segment?” Michelle Ciesielski of Frank Knight shares insights on why and how this growth in the prestige market is happening, what the ultra-wealthy think about when choosing property to invest in, the concept of “branded residences” and much, much more. If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Where else in the world are property markets booming? [02:35] What is driving the growth in value in prestige market properties? [05:12]  Buying residential property purely for investment not lifestyle benefits [09:42] Where did the 11% increase of prestige market buyers come from? [13:58] An insight on the mindset of the ultra-wealthy [16:25] Will more incredibly wealthy people come to Australia post-pandemic? [19:12] How do global investors think about currency & ‘buying cheap’? [22:45] Tax awareness for expats & overseas investors with property in Australia [25:20] 2 important factors prestige market buyers need to focus on [27:06] The continuous cycle of worsening inequality & build-up of the wealthy [32:33] Considerations for building properties for prestige vs. standard markets [36:16] Is there a push for major developers to repurpose commercial spaces? [39:50] Can you entertain on the 81st floor? [43:24] Do wealthy investors invest in scarce buildings to resell them later? [45:03] The “branded residence” concept [47:07] Are compounding properties common with the ultra-wealthy? [51:43] Michelle’s property dumbo [55:49] Buying in multiple areas & F.O.M.O. [58:09]   Links from the Show: Links to recent Knight Frank reports: The Wealth Report 2021 Australian Prime Residential Review Q3 2021 Australian Prime Waterfront Index 2021 Australian Residential Tennis Court Premium 2021 Knight Frank on LinkedIn Knight Frank on Facebook   About Michelle Michelle Ciesielski is a Partner at Knight Frank Australia and leads the residential research team, providing a platform for clients to make strategic and well-informed investment decisions.  Industry-leading residential insights are shared via publications and presentations specialising in development sites, foreign investment, apartment projects and established property, covering both the prestige and mainstream residential markets across Australia. Michelle frequently appears in local and international print, online and broadcast media commenting on current issues relating to the residential property market. Connect with Michelle on LinkedIn Follow Michelle on Twitter   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/202 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

We’ve been hearing a lot of suggestions on how to solve housing affordability, and one that seems most logical to many (and often hotly debated) is to increase the supply of dwellings. While that might seem like the best way to go, making it happen is not as easy as it sounds.  Peter Tulip, Chief Economist at the Centre for Independent Studies, joins us to explore this issue and dispel some popular myths around housing affordability along the way. We also cover the impact negative gearing and CGT have on property prices and whether changing supply costs can do anything to lower demand. If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Why is housing “unaffordability” a big problem long term in Australia? [01:48] Did Covid contribute to the issue or was it bound to happen anyway? [03:05] Exchange rates & keeping interest rates lower for longer [06:44] Does the government really care about high house prices? [10:57]  The impact negative gearing and CGT have on house prices [13:08] How can we create equality so people can afford a home they want? [17:21]  Highrise development & its impact on neighbouring house prices [20:34] How much does a house's proximity to high-rise buildings impact affordability? [24:58] Planning restrictions can cause other issues beyond housing affordability [28:28] Could the planning controls protect a property’s future value? [31:08] Would changing construction & supply costs do anything to lower demand? [33:22] Should you worry about short-term demand wiping out additional stamp duty savings? [35:04] How can we reconcile the 2-speed market of established vs. new stock? [37:52] Why would you enter a property market with the potential to lose money? [41:37] The power a country’s Reserve Bank has overall [45:15] Is printing more money inevitable for countries with negative interest rates? [46:29] Will migration save the Australian property market & economy? [48:19] What is the Falinski Inquiry trying to achieve? [50:50] Peter’s property dumbo [53:08]   Link/s from the Show: Peter’s recent work Peter’s Earlier Research   About Peter Peter Tulip is the Chief Economist at the Centre for Independent Studies. He’s previously worked in the Research Department of the Reserve Bank of Australia and before that at the Federal Reserve Board of Governors. His recent research focuses on housing and monetary policy.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/201 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Property investors are often painted in an unsympathetic light by the media and blamed for housing unaffordability, but the important role we play in the economy is often kept under wraps. When it comes to policy formation, we’re largely left out of consultation, but when they need a tax grab, we’re used as pawns by politicians! Knowing this, what threats are on the horizon for property investors and what can be done about them? If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Why PICA was formed [01:58] Does it coincide with the negative gearing & capital gains changes? [04:12] The misuse of data in negative gearing during labour’s policy changes [06:31] Is negative gearing, as a strategy, a good idea? [08:41] PICA on educating property investors on their journey [12:33] PICA’s checklist of what to lobby the government on [15:13] Is PICA being sought for consultation during this policy formation stage? [21:23] Ben’s experience dealing with government policies & lobbies [24:39] Pawns used by the government to stimulate the construction industry [28:28] What could solve the housing affordability problem? [33:05]  What should investors be aware of as regulators slow down the market? [38:02] How many brokers recommend not borrowing the maximum? [43:30] Who does PICA approach regarding new legislations & policies [46:26] The case of consumers being penalised by their lender [48:52] Refinancing based on your risk of leaving & ability to do so in the future [50:54] Helping disadvantaged property investors on the rezoning issue [53:28] Ben’s property dumbo [58:00]   Link/s from the Show: Visit PICA’s website   About Ben Ben Kingsley is the Chair of the Property Investors Council of Australia (PICA). He is also the Founder of advisory business Empower Wealth and may well be best known for co-hosting The Property Couch podcast with co-host Bryce Holdaway. Ben is passionate about educating investors and also bringing them together so that they can have a more powerful voice.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/200   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Whenever the property market booms, frustrated buyers often say, “This can’t go on! Surely this has to stop soon,” and it will. Booms and bursts can’t go on forever! This October, APRA has finally made a move to try and cool down the raging property market. Naturally, questions like, “Will this work?”, “What else can they do if it doesn’t?” and “Why did they need to act on it?” have surfaced and today, we’re going to discuss how APRA’s new measure will likely play out. If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: What does the term “macro prudential measures” mean? [01:25] APRA’s increased serviceability measure [02:44] “Jawboning” to impact confidence [06:30] How much will APRA’s new measure impact the property market? [07:00] Evident flaws in banking calculators during 2012-2015 versus now [09:17] Talks surrounding the DTI limit [10:22] What can APRA do if their new measure doesn’t have the desired impact? [11:59] The struggle with slowing things down without impacting first home buyers [14:21] Is this move a pre-emptive strike to keep investor participation low? [15:04] Why are variable rates still falling & what’s causing it? [21:52] Turnarounds are huge in the broking space [23:44] Look at transactions, not listings! [25:19] Where are the big portions of transactions happening? [27:23] What decision fatigue can cause some investors to do [29:13] Some buyers agents are making alarming purchases at the moment [30:37] The difficulty with identifying a good buyer’s agent [36:28] The two factors that can really slow down the market [41:39] APRA’s measure & the ridiculous amount of growth in the market [43:52] Chris’s property dumbo [47:58] Veronica’s property dumbo [52:29]   Links from the Show: The Growing Housing Affordability Crisis | Michelle Adair (Episode 191)   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/199   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Have you ever wondered why some regions have only grown marginally whilst others have boomed? In this Suburb Trends report for September 2021, we’re joined by Kent Lardner as we look at where prices are moving across the country - whether up or down - and why they vary. We also dive deep into “starfish” suburbs, the rise of rentvesting, the possible exodus of big-city dwellers to regional areas and more! If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Tackling the challenge of property price and growth [01:14] The right indicators don’t guarantee a typical outcome [02:33] “Starfish” suburbs & why they’re behaving the way they are [04:49] Does the socio-economic makeup of Liverpool affect property prices? [06:27] Income versus property supply & demand [08:16] Why has Wagga Wagga not grown the way other regions have? [10:42] The exodus of big city dwellers to regional areas [12:59] Why are mortgages getting bigger? [15:50] How much is price influenced by inventory & percentage change in listings? [16:27] What’s happening in Brisbane suburbs? [17:31] How much will the 2032 Olympics impact sustainable price growth? [20:11]  Brisbane is way more affordable for first home buyers [21:15] A deeper look at Sunnybank [23:47] Prices change dramatically as you travel South [24:46]  The danger of making decision based on chatter in forums [26:47]  The rise of rentvesting [33:35] What is the deal with Cairns-South? [34:46] A lens on Toowoomba & property prices [40:05] Has Perth been doing as well as we expected? [43:51] A look at Canning & Gosnells [48:16] Why hasn’t Adelaide Hills blown-up as expected? [50:07] Are the ‘underperformers’ going backwards? [52:12] A short overview of what the next Suburb Trends episode will tackle [53:40]   Links from the Show: Visit Suburb Trends   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/198   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

For the longest time, success has been equal to how much money and property you own, but is that really the end goal? Is that truly what success is all about? Terry Condon of The Cashflow Co. joins us as we challenge the notion that success can be measured by zeros in your bank account (or how many properties you own, for that matter).  That’s not to say money isn’t important, but how do we use it as a tool rather than view it as an end in itself? How can we take control? If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Why money management is important to overall happiness & well-being [01:53] How people should approach money from the start [03:24] Terry’s definition of a rich life [05:29] Balancing saving money & investing on life & other essentials [08:12] Alignment versus fulfilment [11:02] Distinguishing ‘well-off’ from ‘well-regarded’ people [12:09]  Problems the 21st Century has created in how people manage money [14:06] Behaviour & identity affect the way people manage money [17:34] Creating fulfilment through mortgage repayments [19:12] Consider if your dream house is worth whatever you need to sacrifice in return [21:11] “Property therapy” for couples & figuring out what they want in property [23:10] Couple dynamics during property searches [27:21] Overcoming “baggage” that hinders people from making better decisions [30:00] It’s all “behavioural advantage” when it comes to money [34:42] Creating urgency to act on their wants [38:16] Mindset matters with money [40:32]  The alarming observation that people like to be spoon-fed [44:39] Why did they name their podcast the Passive Income Project? [48:58] How Veronica got started in real estate [51:58] Terry’s property dumbo [55:19] The Australian psyche of “you can’t lose in property” [01:06:12]   Links from the Show: Check out The Cashflow Co. Episode 46 - What Causes Wishful Thinking and Why Does It Cost Us So Much? Episode 1 - Who is Really Making the Decisions When You Bid at Auction?   About our Guest: Terry Condon is the Chief Education Officer at The Cashflow Co., a money mentorship program, and co-host of the Passive Income Project podcast. He’s driven by the idea that financial intelligence and emotional intelligence can enable most Aussies to build a rich life.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/197   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

We’re always delighted to receive questions from you, our awesome listeners, so today, we’re going to be answering some of them! Do you need evidence for different growth rates within a suburb? Have you always wondered if apartments were better than houses? What about the so-called “lifestyle compounds” and resort style complexes? Are they investment grade? Let’s dive in and talk about stratified medians, doing your due diligence properly, the need to find a really good mortgage broker and lots more! If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: How do you find the right asset if capital growth trajectories vary for properties in the same area? [01:32] Local, on-the-ground knowledge [04:34] Stratified Medians [07:52] Choosing an apartment block with retirement options, on a budget [09:02] Knock-on effects of affordability to one, two, three-bedroom apartments [18:01] What will drive apartment prices to the next level? [23:32] Are “lifestyle compounds” worth the investment? [24:40] Anything new ages fast [33:04] What you need to know about upfront deposits and auctions [36:53] Do your due diligence before anything else [38:29] Explaining auctions in hot and slow markets [41:05] Find a really good mortgage broker [45:09]  Thoughts on subsidized social housing & landowners willing to lend their land [51:15]   Links from the Show: Get Auction Ready by Veronica Morgan (Use code ELEPHANT for 30% off) Home Buyer Academy’s FREE Courses Episode 191 - The Growing House Affordability Crisis | Michelle Adair Suburb Trends July 2021 | Best Metrics to Measure Growth? Episode 162 - Houses vs Apartments | Stuart Weymss   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/196   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

With half of the country in lockdown and Sydney just completing its third month, much has been made about the vaccination targets of 70% and 80% of eligible adults being our golden ticket to freedom. How much have these lockdowns affected the economy and the nation’s mental health? Will Australia’s strategy for reopening do the job of balancing health outcomes with growth and prosperity for all?  How well are we managing the health and the economic trade-offs - and what might the next few months look like? Grattan Institute’s Economic Policy Program Director, Brendan Coates, joins us for a very colourful and informative discussion on Australia’s plan to reopen, the strategy being used, how realistic it really is, the challenge with reaching the 80% vaccine rollout, plus so much more! We’ll see you in the episode!   Episode Highlights: How realistic & effective are the steps to reopening the country? [02:32] Is “Covid Zero” now a thing of the past? [06:09] How quickly will we be able to get everyone vaccinated? [09:20] What about the UK’s decision to reopen fully with a 70% vaccination rate? [14:42] Should we have gotten Covid out in the community to avoid burning ourselves in the end? [16:02] Thoughts on Labor’s negative gearing policy [17:38] The challenge of getting to an 80% vaccination rollout [19:17]  Does stopping Covid rely so much on vaccinating kids? [22:36] How about top-ups and boosters? [24:37] Let’s talk about vaccines available & their potency [24:56] Are we rushing vaccine shots too much just to get everyone through? [27:05] Anti-vax proponents & how much they impact the rest of the population [29:22] Did prioritizing physical health cause more mental health problems? [32:20] What we’ve lost to Covid, in an economic aspect [34:42] The debt impact of the pandemic [36:55] Migrant intake and impact when the borders reopen [40:49] The problem with reassuring people that the 80% rollout is our ‘ticket to freedom’ [44:58] On estimate, when will we hit the 80% vaccine rollout? [48:57] Learning, observing & testing before moving to Phase D [51:31] How about people who die due to other causes that couldn’t get an ICU bed? [53:52] What should be happening (that isn’t) at a government level in terms of spending? [55:11] “Leaning against the wind” [58:50] Brendan’s property dumbo [01:02:45]   Links from the Show: Check out The Grattan Institute’s Report: Race to 80   Episode 153 - Accessing Super for Home Buying? Episode 124: The New Normal: Will Your Household Finances Hold Up? Episode 89 - Australia’s Home Ownership Crisis   About our Guest: Brendan Coates is the Economic Policy Program Director at Grattan Institute, where he leads Grattan’s work on tax and transfer system reform, retirement incomes and superannuation, housing, macroeconomics, and migration. He is a former macro-financial economist with the World Bank in Indonesia and consulted to the Bank in Latin America.    Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/195   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Regardless of location, expats have had to adapt and deal with the effects of Covid. There’s been evidence of expats returning and re-occupying their properties, leading to a shortage of family homes on the rental market. We’ve also heard of people staying put because they’re reluctant to abandon a promising international career and settle for a lesser role in Australia.  Then there are those who want to return when they find the right job and are now actively looking to buy so they’ll have a home to come back to. Most local buyers get spooked by the last group, thinking that they have a lot more money to spend - but do they really? Well, it’s not that simple. You see, buying and selling property while you live overseas brings with it a range of financial - tax - implications. We’re speaking with Brett Evans, the Managing Director for the Europe, Middle East and African region (EMEA) and a Financial Planner with Atlas Wealth Management. We’ll cover a wide range of topics surrounding property, tax, and expat life amid Covid, and dig into some advice that will truly benefit those abroad or those planning to leave the country. See you in the episode!   Episode Highlights: How has Covid affected the expats’ financial plans? [02:47] Are expats still willing to stay abroad despite the financial instability? [05:07] The perception that the government doesn’t care about expats [07:12] Taxation changes for expats [08:53] The impact of the main residence exemption [10:36] The unintended consequences of the changed tax policy [13:34] New qualifying tests to classify which rules apply to you [17:38] Where are expats moving around to? [22:28] What does it mean to be an AU tax resident but live in a different country? [24:58] Does the government double-dip? [28:17] What do expats need to be thinking of in regards to stamp duty? [34:23]  How the policy change is affecting Aussies’ decision to come home [39:23] Do non-residents have to pay more stamp duty than residents? [42:53]  Factors that affect where Aussies move to when coming back home [46:25] The biggest issue with working in Australia from afar [49:35] Advice for expats who want to buy property [54:32] The industry is adept at utilising buyers’ emotions [59:18]   Links from the show: Visit Atlas Wealth Check out NEOM Read about the Saudi Crown Prince’s Vision for Neom on the WSJ   About our Guest: Brett Evans is the founder and Managing Director for the EMEA region for Atlas Wealth Management which is the leading provider of financial advice to Australian expats. With over 24 years of experience in the finance and investments industry, Brett has worked for blue chip companies that include the Australian Stock Exchange (ASX), HSBC, Suncorp and Citigroup. Brett & Atlas Wealth Management have been nominated as a finalist (and have won) numerous domestic and international awards for their specialised advice to Australian expats.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/194   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

It’s no mystery that COVID has affected everyone in one way or another, and some effects will no doubt carry on even after the pandemic has passed. Knowing this, how different will life be when this blows over? What will the new normal look like? Today, Simon Kuestenmacher, Director of Research at the Demographics Group shares his insights into how the pandemic and lockdowns have changed Australia on a number of fronts. If you’ve heard the past episodes we’ve had with Simon, you know you’re in for a treat. We also talk about the changes in population, housing preferences, and consumer behaviour among a whole heap of other valuable topics! We’ll see you in the episode!   Episode Highlights: Lockdown surprises and impact from a demographer’s point of view [01:49] The effect of COVID on boutiques and smaller operators [04:38] Is the flexible work from home setup here to stay? [09:00] Contentment (and discontentment) with working from home [17:00] Have HR regulations kept up with Integrators & Separators who work from home? [19:04] Chris’s ‘elephant in the room’: migration [22:02] Will there be higher or lower skill shortages in the coming future? [26:02] How are Australians coping in & out of the country? [29:31] The census this year was both a blessing and a curse [32:04] Why are people moving away to live outside the city? [35:40] Fertility rate and its effect on the property market [45:17] Balancing the demographics of a city with available housing stock [49:02] The increase in ‘early inheritance’ cases [51:21] Europe’s property market and their rental and home-owning expectations [54:10] Could the Australian property market move into a similar situation as Europe? [56:42] Simon’s property dumbo for this episode [59:35] Growth is the goal [01:01:10]   Links from the show: Episode 40 Episode 138 About our Guest: Simon Kuestenmacher is the Director of Research at the Demographics Group. He has amassed 140,000 followers globally in just two years, who enjoy his insights and his quirky observational style. He is a columnist for The Australian on demographic trends and urban development. Visit Simon’s website: https://www.simonkuestenmacher.com/ Check out The Demographics Group: https://www.tdgp.com.au/simon-kuestenmacher   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/193   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

We’re living in such a crazy time. COVID is still rampant globally and has more or less affected most markets for better or worse. The property market has also been affected, but how much has it been really hit? Today we’re having a chat with Martin North because we want to get a contrarian perspective. We’ll be uncovering the dark underbelly of what’s driving this property market and seeking his perspective on these crazy times we live in. We talk about whether or not the government has run out of stimulus, what businesses have been hit by COVID, why properties actually CAN go down contrary to popular belief, and so much more. We’ll see you in the episode!   Episode Highlights: Has the government run out of stimulus? [01:46] How sustainable is pumping stimulus at the lower end of the margin? [06:49] These businesses feel the impact of COVID more than others [11:21] Different markets behave differently [14:32] The unit market versus the rest [16:17] The current state of the high-rise property market [19:05] The continuous ‘supply’ of house and land packages [23:12] What’s with New Zealand possibly lifting their interest rates? [24:13] Property prices CAN go down [25:49] Some people are deceptive with how they talk about property & success [27:19] Thoughts on the responsible lending change [32:24] What can APRA do (and not do) about bank lending? [38:27] Is the property market too big to fail? [42:20] RBA: “Immigration is the cause of low price growth” [44:06] What’s the government’s strategy around opening the borders? [46:33] Will increasing interest rates be enough to slow down asset prices? [50:41] Martin’s property dumbo: a story about a granny flat [55:59]   Links from the show: Episode 123 Episode 143 Episode 178 About our Guest: Martin North is the founder of Digital Finance Analytics, a boutique research, analysis and consulting firm that specialises in offering insight into the dynamics of the mortgage, lending, savings, payments and superannuation sectors. Learn more about Martin’s new charity: Asbestos Awareness Australia   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/192See omnystudio.com/listener for privacy information.

Housing affordability is on everyone’s mind but what’s being done? In this episode, we welcome back Michelle Adair, CEO of The Housing Trust. The Housing Trust, which is the second-largest housing provider in the Illawarra, delivering subsidised rental homes to over 2000 people, with almost 1100 properties from Thirroul to Nowra. Michelle is at the forefront of the housing affordability crisis. Her professional and personal experiences will move you as she illustrates how deep this problem runs, and who has the ability to rectify it.   Here’s what we cover: What’s wrong with the current housing policy? Is focusing on first home buyers an effective strategy? What is the role developers play in this crisis? What is the economic case for providing more social housing Is welfare enabling further social problems or remedying them? How to balance a growing and a stabilising market? Does the government want low housing prices? Who benefits the most from housing concessions? What role can investors play?   RELEVANT EPISODES: Episode 104 | Build-To-Rent the new standard for renters | Adam Hirst Episode 81 | Will a crisis in confidence kill our apartment market? | Eliza Owen Episode 66 | What's causing Australia's housing affordability crisis? | Michele Adair   GUEST LINKS: https://housingtrust.org.au/Housing: Taming the elephant in the economy [full report]Housing: Taming the elephant in the economy [4-page summary]https://www.canberratimes.com.au/story/7319955/governments-ignoring-holy-grail-of-affordable-rentals/ https://www.smh.com.au/national/before-she-was-a-ceo-michele-and-her-kids-lost-everything-20210427-p57mqu.html   HOST LINKS: Looking for a Sydney Buyers Agent? www.gooddeeds.com.auWork with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected]   Send in your questions to: [email protected]   EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in August 2021 https://www.theelephantintheroom.com.au/podcasts/191See omnystudio.com/listener for privacy information.

We talk to Rebeka Morgan, co-founder of the BuildHer Collective and CEO of Beirin Projects which focuses on high-end renovation and construction in Melbourne’s inner North. Rebekah worked for 14 years in construction management before becoming a developer herself and is passionate about sharing knowledge and experience, both as a tutor at Swinburne University and through the courses and events run by the BuildHer Collective. BuildHer Collective has a huge reach and audience with hundreds of thousands of followers, their influence has transformed lives and properties. This episode is dedicated to our audience who have constructions or renovations currently in the works or being planned out. We tap on all the relevant ways to make the most of your skills and execute a successful build. RELEVANT EPISODES:Episode 163 | Smart Houses: Fad or Necessity? | Brett Savill Episode 109 | Expert Property Styling Secrets & Tricks that sell | Amy Stead Episode 106 | Dodgy developers & Strata Living | Jimmy Thomson GUEST LINKS:BuildHer Collective - Resources Facebook - BuildHer Collective Instagram - BuildHer Collective Pinterest - BuildHer Collective Instagram - Beirin Projects HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in July 2021. https://www.theelephantintheroom.com.au/podcasts/190See omnystudio.com/listener for privacy information.

A core focus of the podcast has been to uncover who you can trust and who should you avoid when buying property. Today we are joined by Daniel Butkovich, Money & Advice Editor at Domain. He writes about buying, selling, renovating and investing in property to help educate people, whether they’re just starting out or have owned property for a while, with the aim of helping to inspire confidence in all life’s property decisions. The Australian property market is highly unregulated despite being the preferred investment vehicle for millions of Australians. In such a prosperous but uncontrolled market how do property buyers looking to purchase their first or next set of bricks and mortar do so safely? What should buyers avoid and who should they talk to when mapping out their movements in the market? RELEVANT EPISODES:Episode 175 | Moving regionally: Will it last and will it be sustainable? | Kirsten Craze Episode 168 | Listener Q&A: How to buy your first investment property Episode 166 | Gamestop, interest rates & investing | Scott Phillips GUEST LINKS:https://www.domain.com.au/advice/ BEST ARTICLES - DOMAIN: What could make property prices slow down? How to keep your first property as an investment (and why most home owners don't do it) How to use equity to pay for a car, boat, wedding, holiday, or investment property Tightly held: Why some neighbourhoods are so good that owners don’t leave Money tricks to turbocharge your savings and boost your buying power Refinance, upgrade or both? What home owners should do while rates are still low Are fixed-rate home loan deals below 2 per cent too good to be true? How to estimate the value of a home when the property market is rising How to determine the value of your home How much does it cost to sell a house? HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in July 2021. https://www.theelephantintheroom.com.au/podcasts/189See omnystudio.com/listener for privacy information.

In this episode, we chat through our favourite new metric, the ‘tightly held index’. This metric quantifies the amount and type of property that are currently held long term including additional data points that maps out the possible reason for these properties being tightly held. Kent breaks down the data of recent suburb price movement, looking out how the demand for regional property has shifted from 2 months ago. We also scope out the Brisbane market and the future of this relatively infant capital city market. Here’s what we covered: What is the tightly held index? How does this index predict future property movements? What are the potential causes for the property being held long term? What changes in the market will increase the supply of property? What areas have the lowest stock level? Why are specific properties being held and are they worth holding? RELEVANT EPISODES:Episode 186 | Online Auctions | Jesse Davidson Suburb Trends July 2021 | Best metrics to measure growth? Episode 171 | Pain & Gain Q4 2020: Who suffered and who triumphed? | Eliza Owen LINKS:www.suburbtrends.com https://www.suburbtrends.com/suburb-reviews HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in August 2021. https://www.theelephantintheroom.com.au/podcasts/st13See omnystudio.com/listener for privacy information.