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

Veronica Morgan & Chris Bates

Who's really in control when you buy a property? The Elephant In The Room is where the things that no one wants to talk about, actually get talked about. Veronica Morgan, real estate agent, buyers agent and co-host of Foxtel’s Location Location Location Australia & Chris Bates, financial planner, mortgage broker and wealth coach have joined forces to find out what’s really going on in the world of real estate. Veronica and Chris talk to property owners and buyers every day in their respective lines of business. They’ve observed a wide spectrum of confidence in people’s decision making ability when buying and selling property, often to the detriment of the individuals concerned. They are both fascinated by consumer behaviour and together they’re going to uncover who’s really making the decisions when you buy a property. In each episode they get into the psyche of buyers, agents, auctioneers and other industry experts to learn the truth about how buyers are influenced and why they do the things they do. In every episode you’ll learn from the mistakes of a “property dumbo” as well as Chris & Veronica’s “elephant rider bootcamp” training session. The plan? This property podcast has been created to help us all make better property decisions!

  • 52 minutes 15 seconds
    Suburb Trends May 2024: How to Spot False Positives in Property Data

    In this month's Suburb Trends report for May 2024, we're diving deep into the world of property investment, exploring a critical issue that every investor should be aware of: false positives in property data.

    With the property market experiencing upward pressure on prices due to low supply, investors risk being misled by appearances, just like the allure of a dimly lit nightclub before the lights come on. Without the ability to distinguish between promising investments and pitfalls, investors may find themselves making pretty costly decisions based on misleading data.

    To shed light on this topic, Kent Lardner joins us to discuss strategies that will help in discerning between genuine opportunities and false positives. Together, we'll explore strategies for evaluating property data, spotting red flags, and making better investment decisions even in the midst of inflated markets.

    This is the beer goggles and property episode! Tune in to learn how to spot false positives in property data.

    Episode Highlights:

    00:00 - Introduction

    00:56 - How the "lights-on" moment aims to reveal hidden truths in property investments

    03:49 - How can one mitigate the impact of external factors on property market analysis?

    05:33 - What core factors should owner-occupiers prioritise when assessing property options?

    09:35 - Is the current trend of investors targeting affordable properties sustainable?

    14:18 - How can market players anticipate and respond to potential downturn scenarios?

    19:01 - What are the real factors behind the increase in housing costs

    21:03 - How are affordability ratios and wealth interconnected in suburban markets?

    25:01 - The importance of macro and micro-level data when considering property investments

    29:24 - Key factors influencing investment decisions in the real estate market

    31:57 - Is there a risk of social unrest due to housing inequality?

    37:26 - What are the current rental housing challenges in Melbourne and Sydney?

    47:34 - What are the implications of the Docklands case study for urban development?

    About Kent Lardner:

    Kent Lardner is an expert data science and business leader with 30+ years of experience at leading companies like JLL, CoreLogic, and General Electric. He has led teams of 5 to 200 people across Australia and China, driven by his passion for high-growth digital businesses. Kent is also the founder of Suburbtrends, a leading property research firm trusted by major names in Australian property and featured in mainstream media.

    Connect with Kent Lardner:

    Resources:

    Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!

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    12 May 2024, 8:07 pm
  • 1 hour 1 minute
    Is Australia’s 1.2M Housing Target Attainable in the Next 5 Years?

    As Australia grapples with the ambitious challenge of constructing 1.2 million new dwellings in the next five years, we aim to answer the pressing question: Is this target attainable?

    We talk about the implications of this challenge, including the need to address housing pressure and determine suitable locations for new developments. Moreover, we discuss the potential impacts of immigration policies on housing demand and supply dynamics.

    Today's guest is Peter Tulip, Chief Economist at the Centre for Independent Studies whose expertise in housing and monetary policies, coupled with his advocacy for high-density living, underscores his credibility as a leading voice in the field, earning him the distinction of Australia’s oldest YIMBY.

    Join us in this episode as we dissect these complex issues and brainstorm innovative solutions. Don’t miss out on the opportunity to be a part of the conversation shaping Australia’s housing future and urban development.

    Episode Highlights:

    00:00 - Introduction

    00:58 - Who is Peter Tulip?

    01:31 - What is the goal of the National Cabinet's housing initiative?

    07:18 - What are the challenges associated with this housing initiative?

    12:41 - Peter's insights on the heritage aspect of rezoning

    16:09 - Primary challenges faced by developers in densely populated urban areas

    20:24 - How rezoning and redevelopment could potentially affect property values

    27:17 - Peter’s thoughts on RBA's current stance on inflation

    35:58 - Considerations to take into account in determining sustainable immigration levels

    40:53 - Is reducing student immigration an effective strategy to alleviate housing pressure?

    42:50 - Are there tax policies that can be leveraged to incentivise increased housing supply?

    46:35 - What are the potential impacts of increased housing supply on property values?

    50:07 - Is there a need for an upzoning tax to fund public services and infrastructure upgrades?

    55:33 - Peter Tulip’s property dumbo

    About Our Guest:

    Peter Tulip has been Chief Economist at the Centre for Independent Studies since 2020. From 2011 to 2020 he was Senior Research Manager at the Reserve Bank of Australia. Before that he worked at the US Federal Reserve Board, the OECD and the Commonwealth Treasury. His research has been published in numerous international academic journals. His recent work focuses on Australian housing policy.  He has a PhD from the University of Pennsylvania.

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    5 May 2024, 8:00 pm
  • 48 minutes 26 seconds
    What’s Behind Melbourne’s Unusual Property Market Behaviour?

    With property values stagnant amidst a backdrop of soaring prices in other cities, we explore the factors contributing to Melbourne's unique market behaviour. Could the city's prolonged lockdowns have played a significant role in shaping its property landscape? What does the future hold for buyers and sellers? Meanwhile, rising rents beg the question: how does this affect the apartment market?

    Today, Jarrod McCabe from Wakelin Property Advisory joins us to unpack these pressing questions. With more than two decades in the property industry – across valuations and investment advisory – Jarrod's expert analysis and insights aim to offer clarity on Melbourne's current property landscape. What could be the culprit behind Melbourne’s unusual property market behaviour?

    Tune in to learn all about Melbourne's property market and discover what's coming up next. This episode gives you helpful info you wouldn't want to miss. So hit that play button and let's dive in!

    Episode Highlights:

    00:00 - Introduction

    01:04 - Who is Jarrod McCabe?

    01:22 - Trends observed in Melbourne's property market since the onset of COVID-19

    02:44 - The recent trends in Melbourne's property market according to CoreLogic data

    04:27 - How has the return to work influenced residential preferences in Melbourne?

    06:14 - The shift in investor behaviour amidst rising rents and the rental crisis

    10:57 - How does Melbourne's urban lifestyle impact property demand and rental dynamics?

    14:25 - The impact of recent changes in land tax legislation on property investment behaviour

    21:38 - Key factors contributing to Melbourne's resilience as a property investment destination

    23:37 - What is happening with the population of Melbourne?

    28:30 - Factors contributing to the disparity in property values between Melbourne and Sydney

    30:44 - Can investors still find property investments in Melbourne with a budget of $1M?

    35:22 - How Melbourne's property market responds to changing dynamics in house prices

    39:08 - Planning controls evolving in suburban areas surrounding Melbourne's city center

    42:45 - Jarrod McCabe’s property dumbo

    45:33 - What's the impact of super Saturdays on Melbourne's clearance rate?

    About Our Guest:

    Jarrod McCabe, a property industry veteran with over two decades of experience, excels in valuations and investment advisory. His expertise in Melbourne's inner suburban market, combined with sharp negotiation skills, ensures successful outcomes for clients. As property team manager, Jarrod prioritizes understanding client needs while mentoring colleagues. Since completing his Bachelor of Business (Property) in 2000, he has risen to the role of Director at Wakelin Property Advisory, also serving as an active property educator through webinars, seminars, and media contributions.

    Connect with Jarrod McCabe:

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    See omnystudio.com/listener for privacy information.

    28 April 2024, 8:02 pm
  • 59 minutes 24 seconds
    The Nexus Between Property Taxes and Housing Market Behaviour

    Ever wondered why economists seem to favour land tax? What happens if we get rid of stamp duty on houses? And why do some people say negative gearing and capital gains tax discounts are bad? We're here to unpack these questions and more.

    Join us in this episode as we explore the often-debated topics of negative gearing and the capital gains tax discount with Chief Economist Michael Blythe, whose recent paper, "In Praise of Negative Gearing" has stirred up quite a buzz. We dive into the insights and arguments he presents and uncover the nexus between property taxes and housing market behaviour.

    Whether you own a home, rent, or just want to know more, this episode is for you. Hit play and let's get into the nitty-gritty of property taxes and the housing market!

    Episode Highlights:

    00:00 - Introduction

    01:06 - Who is Michael Blythe?

    01:43 - What role does tax play in property market challenges?

    03:49 - Historical context: Negative gearing and CGT discounts

    10:03 - Did property prices really slow down without negative gearing?

    17:06 - How has the ACT's taxation change affected property prices?

    25:37 - The pros and cons of an expensive property market from a societal standpoint

    29:46 - Is negative gearing detrimental to both home buyers and renters, as some argue?

    34:36 - Where does the economy currently stand in terms of inflation control?

    37:37 - Is the economy headed for higher prices and a cost-of-living crisis?

    40:00 - The limitations of using interest rates as a tool to manage inflation

    44:17 - The downsides of downsizing

    50:29 - How does the aged care system impact housing availability?

    52:04 - The interplay between property investing, negative gearing, and taxpayer costs

    57:27 - Michael Blythe’s property dumbo

    About Our Guest:

    Michael Blythe is a respected Chief Economist and senior executive with extensive experience in economic policy and financial markets. He has worked across both Commonwealth Bank of Australia and Reserve Bank of Australia and brings great knowledge of, and insight into, the Australian and global economy, economic policy and markets.

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    21 April 2024, 8:01 pm
  • 54 minutes 52 seconds
    What Economic Tensions Are Impacting Australia’s Property Market?

    What is driving the relentless rise in Australia's property prices, and how are homeowners managing as the fixed mortgage rates from the COVID era expire? These are important questions as we deal with rising inflation and increasing living costs, so in this episode, we tackle these issues to see how they're affecting both the housing market and potential buyers.

    Joining us to break down these complex topics is Carlos Cacho, Chief Economist at Jarden Australia. Carlos has a deep understanding of Australian economics, especially banking and housing markets, thanks to his previous roles at UBS Australia and Colonial First State Global Asset Management. He holds a Bachelor of Economics and a First Class Honours in Economics from the University of New South Wales, making him a highly credible voice on these matters.

    Make sure to tune into this episode for a thorough analysis of the current economic pressures on Australia's property market and what they could mean for the future. Equip yourself with the insights needed to better understand these challenging economic times.

    Episode Highlights:

    00:00 - Introduction

    01:08 - Who is Carlos Cacho?

    01:30 - What led Carlos to oppose the common view on reducing serviceability buffers?

    06:20 - Does lowering the serviceability buffer improve affordability or just increase prices?

    08:48 - Will increasing urban density in Sydney truly improve housing affordability?

    12:40 - What factors contribute to continued property price increases in most cities?

    18:35 - Key differences in the apartment and house markets in major cities

    20:36 - Do seasonal trends affect real estate listings?

    26:43 - Will higher interest rates persist longer than anticipated?

    32:05 - Could we see a return to the economic conditions similar to those before 2022?

    36:27 - Is climate change becoming a big driver for investment around the world?

    38:44 - The impact of high interest rates on economic stability over the next decade

    44:15 - What are the anticipated migration trends for the upcoming years?

    50:38 - Are we meeting our labor demands through skills migration?

    52:05 - Carlos Cacho’s property dumbo

    About Our Guest:

    Carlos Cacho is Chief Economist and leads Australian bank research at Jarden in Australia. Carlos’ research covers all things Australian Economics and Banks, with the strong focus on the housing market. Prior to joining Jarden, Carlos spent three years as Australian Economist at UBS Australia, and previously five years at Colonial First State Global Asset Management. Carlos holds a Bachelor of Economics, as well as a First Class Honours in Economics from the University of New South Wales. 

    Connect with Carlos Cacho:

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    Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!

    See omnystudio.com/listener for privacy information.

    14 April 2024, 8:00 pm
  • 1 hour 2 minutes
    Auctions: Common Mistakes Made by Buyers, Vendors & Auctioneers

    Ever wondered why people end up spending more than they planned at auctions? What about the missed opportunities for vendors due to ineffective auctioning practices? These common pitfalls not only impact individual transactions but also shape the broader dynamics of the auction process.

    In this episode, we're joined by award-winning auctioneer Andy Reid to understand why these problems happen at auctions and how to solve them. We explore why people get caught up in bidding wars and what sellers can do to get better results, then break down the tricks of the trade and give you practical tips to do auctions smarter.

    Tune in to gain a competitive edge in the fast-paced world of property auctions and learn how to avoid the common mistakes that can cost you money. Join us for a chat that could change the way you approach auctions.

    Episode Highlights:

    00:00 - Introduction

    01:04 - Who is Andy Reid?

    02:14 - Is it true that the buyer with the deepest pockets always wins the auction?

    06:30 - Examples of auctions benefiting buyers more than sellers

    09:51 - How does an auctioneer provide value with limited preparation time?

    11:20 - What insights does an auctioneer gain from reviewing auction contracts?

    17:27 - What briefing can buyers expect from agents before auctions?

    22:45 - Auctioneer strategies in balancing silence and pace in auctions

    25:46 - Why buyers should research the auctioneer before attending an auction

    30:20 - Stories of shocking auctioneer mistakes

    34:25 - Understanding vendor bids: their purpose and usage by auctioneers

    39:44 - The legislative aspect of negotiating at the reserve price in Victoria

    47:37 - Passing in a property at auction

    50:19 - Declaring a property "on the market" during an auction

    55:28 - Andy Reid’s property dumbo

    57:43 - Final advice for auction bidders and one major mistake to steer clear of

    About Our Guest:

    Andy Reid is an award-winning sales coach and top auctioneer in Real Estate known for his emphasis on emotional intelligence and mental health advocacy. Recognized as the Australian Auctioneer of The Year in 2022, Andy owns a thriving auctioneering business serving over 130 agents/agencies in Metro Melbourne. With a 'human first, agent second' approach, he has helped thousands of homeowners navigate Real Estate transactions. Andy's commitment to community extends to raising over $3 million for charities since 2015, making a difference through public speaking, auctioneering, and networking. As an ambassador for mental health charity '100 Words - Mate To Mate,' Andy promotes professional success while highlighting the importance of emotional and intellectual intelligence.

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    7 April 2024, 7:00 pm
  • 55 minutes 42 seconds
    Can You Rely on a Strata Report Provided by the Vendors’ Agent?

    Depending on a potentially biased strata report could lead to problems later on, like unexpected costs or hidden issues with the property.  Without clarity on what might be omitted or misrepresented in these reports, buyers risk making decisions based on incomplete or biased information, therefore jeopardising their investment.

    Today, we are joined by Michael Ferrier, the founder and MD of EYEON Property Inspections — who has been in the property business for more than 15 years now. With a decade and a half dedicated to perfecting property inspections, Michael's here to help us decipher the characteristics of a reliable report and whether or not it's smart to trust them from the seller's side.

    Michael explains what needs to be seen in these reports and how they can help you decide if you want to buy a place. He talks about looking for missing info and warning signs that could mean trouble later on.

    So, if you're thinking about buying a place—whether it's your first time or not—this episode is for you. Tune in as we break down strata reports and learn how to make smarter choices when it comes to buying property.

    Episode Highlights:

    00:00 - Introduction

    01:03 - Who is Michael Ferrier?

    01:57 - Thoughts on the issues surrounding strata companies about potential misconduct

    04:50 - Strata managers’ fees haven’t gone up in 15 years

    07:27 - Do undisclosed commissions have an impact on strata reporting?

    13:15 - Statutory regulations regarding strata management in NSW

    14:35 - Who writes a strata report? Do they need to be qualified?

    17:06 - What do buyers typically do once they get a strata report?

    21:48 - What does a strata report look like?

    25:13 - Red flags you need to spot in a strata report

    30:05 - Will properties with clear strata info soon fetch higher prices?

    32:23 - Determining a good, moderate, average strata report

    36:13 - Key factors to focus on when assessing insurance details in strata reports

    39:07 - What are the consequences of owners' reliance on underpaid strata managers?

    41:46 - How are strata managers handling maintenance issues in aging buildings?

    47:26 - Insights on urban development and zoning regulations

    49:09 - Michael Ferrier’s property dumbo

    About Our Guest:

    Michael Ferrier is the founder and MD of EYEON Property Inspections. Michael founded EYEON because he saw the opportunity to turn a cottage industry into a professional level service, offering high quality reports and outstanding customer support to property buyers and sellers. Michael has over 35 years of experience across government policy, financial services, banking, franchising, building small businesses, and, of course, property. A keen golfer and rugby nut, Michael says that finding solutions to common problems is very rewarding. The challenge is that solutions often require a change in behaviour.

    Connect with Michael Ferrier:

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    Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!

    See omnystudio.com/listener for privacy information.

    31 March 2024, 7:06 pm
  • 57 minutes 33 seconds
    Queensland’s Housing Crunch: What Can Be Done to Ease the Strain?

    With Queensland’s housing market facing an unprecedented crunch, many are left wondering: What can be done to ease the strain? The consequences of this housing crisis are far-reaching, affecting individuals, families, and communities across the state because it's not just about finding a roof over your head anymore. With housing prices soaring and options dwindling, the dream of owning a home is slipping out of reach for many Queenslanders.

    Today, we have Jackson Hills from Q Shelter — Queensland’s leading authority on housing and homelessness services. With years of experience and expertise in the field, you can trust him to give us the lowdown on what's really going on.

    Tune in as we break down the housing crisis in plain and simple terms and figure out what we can do to make things better. Your home is your sanctuary – let's work together to keep it that way.

    Episode Highlights:

    00:00 - Introduction

    01:05 - Who is Jackson Hills?

    02:08 - Making sense of the complex issues on Australia’s housing crisis

    05:18 - How can we promote inclusive housing policies that benefit all sectors of society?

    09:20 - What are some of the more acute housing problems in Queensland vs other states?

    13:36 - Understanding the impact of oversupply concerns on property prices

    15:31 - How feasible is the build-to-rent sector considering current challenges?

    19:19 - What factors are influencing landlords' decisions to increase rents?

    21:49 - Ways governments can aid build-to-rent and community housing?

    24:50 - Can private developers profitably engage in build-to-rent on government-owned land?

    32:03 - How can developers contribute to designing inclusionary planning frameworks?

    37:37 - Understanding the universal housing continuum

    42:29 - Insights on rising rental prices resulting in displacement

    45:45 - Are there any developers focusing on more than just selling or renting units?

    48:20 - Jackson Hills’ property dumbo

    About Our Guest:

    Jackson Hills, Manager of Policy and Strategic Engagement at Q Shelter, brings over 15 years of experience in not-for-profit and community organisations, previously serving with Tennis Australia, the AFL, and the Australian Sports Commission. With a master’s in business administration from SCU and accreditations from the AICD, Jackson leads efforts at Q Shelter, Queensland’s primary body for housing and homelessness services. He also serves on the Board of Common Ground Gold Coast, the executive committee of National Shelter, and advises at Collective Leisure, alongside mentoring at the Gold Coast Youth Service.

    Connect with Jackson Hills:

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    24 March 2024, 7:27 pm
  • 59 minutes 51 seconds
    Why Is Negative Gearing Making Headlines Again?

    Negative gearing and its companion, the capital gains tax discount, have reemerged as hot topics in economic and political circles. But why does it matter? Well, it affects investors, homeowners, and the economy as a whole. There's a lot of confusion about what it all means and what might happen next.

    In this episode, we explain what negative gearing and the capital gains tax discount are all about. We clear up any confusion and explore why they're in the news again. By the end, you'll have a better grasp of these topics and what they mean for you.

    Tune in to learn why negative gearing is making waves and what it could mean for your finances. Whether you're a seasoned investor or just curious, this episode will give you the insights you need to understand the headlines.

    Episode Highlights:

    00:00 - Introduction

    02:06 - Why is negative gearing back in the headlines again?

    04:40 - What are some of the unintended consequences of negative gearing?

    06:28 - What is negative gearing?

    10:22 - Why is negative gearing controversial?

    12:30 - Understanding property investment yields and capital growth

    16:49 - Capital gains concession tax and how it works

    20:30 - How can investors benefit from changing the capital gains tax

    27:30 - How could modifications in negative gearing influence the property market?

    33:36 - Is it true that negative gearing contributes to making housing less affordable?

    40:01 - How do these tax changes affect the housing market?

    44:46 - Are there potential repercussions in removing negative gearing?

    47:25 - How can borrowing capacity reductions slow down portfolio investors?

    50:29 - Do current tax rules reward "bad behaviour" in property investment?

    55:24 - Chris discusses the potential negative impact of attacking negative gearing

    Resources:

    Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!

    See omnystudio.com/listener for privacy information.

    17 March 2024, 7:52 pm
  • 58 minutes 35 seconds
    The Data Conundrum: Brisbane’s Boom, Hobart’s Decline, and Perth’s Renaissance Revealed

    The real estate landscape is constantly evolving, and recent data has unveiled surprising trends in Australian cities' property markets.

    Brisbane's boom, Hobart's unexpected decline, and Perth's resurgence raise intriguing questions and we're unsure if the numbers we're seeing are telling us the whole truth. Are these trends indicative of long-term changes, or are there underlying factors that could challenge our understanding of the data?

    In this episode, we are once again joined by Eliza Owen, the Head of Research at CoreLogic Australia whose vast experience in housing market research makes her an authority on key issues such as housing affordability, credit conditions, and the impact of external factors like the COVID-19 pandemic on the housing market.

    If you're thinking about buying or selling a house, this episode could help you make better decisions. So join us and gain a better understanding of the data conundrum shaping Australia’s property market landscape. Let’s get started.

    Episode Highlights:

    00:00 - Introduction

    01:14 - Who is Eliza Owen?

    02:22 - Are experts predicting positive trends for the housing market in 2024?

    05:17 - How can Brisbane's dwelling values be higher than Melbourne's despite lower prices?

    12:01 - What factors are driving the shift in migration patterns away from Sydney?

    14:11 - Differences between Brisbane, Hobart, and Perth's property markets

    17:48 - Understanding the factors influencing property prices beyond internal migration

    19:19 - What factors influence borrowing capacity for property purchases?

    21:36 - How is investor behaviour impacting the stability of the housing markets?

    25:38 = Criteria used to identify rentvestors and owner-occupiers in the housing market

    28:03 - Understanding Eliza’s women and property report

    40:29 - How research methods account for women who co-own properties with male partners

    50:44 - How financial literacy influences consumer response to reduction in interest rates

    53:52 - What changes have occurred in property market drivers since Eliza started?

    About Our Guest:

    Eliza Owen is an experienced property data analyst with a background in economics. She has worked for Residex, Domain Group, and CoreLogic, specialising in descriptive and inferential data analysis, data visualisation, and framing data trends with broader economic concepts. Eliza is also a passionate communicator who explains economic concepts to diverse audiences. She has presented on the TEDX stage, written for prominent publications, and been a regular commentator on commercial radio and television. Eliza is a popular keynote speaker, having presented to audiences in real estate, construction, banking and finance, property development, and consumer markets.

    Connect with Eliza Owen:

    Resources mentioned in this episode:

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    See omnystudio.com/listener for privacy information.

    10 March 2024, 7:00 pm
  • 50 minutes 32 seconds
    Rental Pressures in 2024: Analysing Trends and Forecasts

    Are rental pressures set to continue in 2024, or is there hope for easing in certain areas? Securing a rental property is becoming increasingly challenging in 2024, posing difficulties for landlords and tenants alike.

    For property investors, it’s about facing the task of strategically investing their funds. Meanwhile, tenants are faced with the uncertainty of rising rental rates and limited housing options.

    Today, we are joined by our resident data geek, Kent Lardner to dissect these pressing issues. With Kent's expertise in analysing real estate trends, he brings invaluable insights into the factors shaping the rental market landscape in 2024.

    Tune in to get some helpful tips and actionable takeaways in dealing with the rental market in 2024.

    Episode Highlights:

    00:00 - Introduction

    01:00 - Kent's approach to investigating the outlook for the rental market in 2024

    04:41 - The difference in gathering and reporting rental data compared to sales data

    06:32 - Analysing the current state and potential future developments in the rental market

    09:06 - The challenges of housing affordability and the resulting trends

    14:07 - Rental trends in the context of affordability and price increases in various capital cities

    18:55 - Key factors influencing equity and borrowing capacity for investors

    21:12 - Does prefab construction offer a solution to housing affordability?

    26:09 - The dynamics of affordability and price increases in Brisbane, Melbourne, Sydney

    30:27 - Why is the majority moving OUT of Sydney?

    34:45 - Displacement in the rental market and its implications on supply and demand

    36:43 - The potential impacts of legislative reforms on rental data transparency

    42:23 - What role should policymakers play in addressing rental insecurity?

    43:45 - What steps can be taken to ensure equitable access to affordable housing for all?

    About Kent Lardner:

    Kent Lardner is an expert data science and business leader with 30+ years of experience at leading companies like JLL, CoreLogic, and General Electric. He has led teams of 5 to 200 people across Australia and China, driven by his passion for high-growth digital businesses. Kent is also the founder of Suburbtrends, a leading property research firm trusted by major names in Australian property and featured in mainstream media.

    Connect with Kent Lardner:

    Resources:

    Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!

    See omnystudio.com/listener for privacy information.

    3 March 2024, 7:00 pm
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