Episodes

How do different investments hold up and what you want to know about the lending system

• What would happen to your property if the bank your mortgage is with goes bust.

• Alternative forms of property investment a first time investor has been thinking about.

• Capital gains tax exemptions and my favourite tax to hate - land tax.

• And fixed rates versus variable in the current climate and when to forgo an offset account.

In our third Q&A host special, Veronica and Chris answer your need to know questions on various aspects on property and the process of purchasing:

Banks tightening up lending and unpacking Stuart Wemyss accurate prediction of the property market

• What happens at the bottom of the market?

• Does your property have the fundamentals that could lead to high capital growth?

• When should you sell a quality asset?

• How to become borrower ready?

In this episode Stuart Wemyss Director of Prosolution and host of the Investopoly podcast joins us back from Episode 39.

How have auctions adapted to restrictions and is this paving the way for a new normal?

• Who cancelled their auctions first?

• Why did certain regions not adapt to online auctions?

• Since open houses are back on, will they go back to the norm?

• Why is this the best time to get back in the market?

Damien Cooley is one of Australia's most well known auctioneers and is managing director of Cooley Auctions and the founder of AuctionNow, which has been critical in transitioning the real estate market from in-person to online.

The economy is recovering slowly and restrictions are loosening, so are you doing enough to secure your household finances.

• How many Australians have lost their jobs?

• With restrictions loosening, who will be going back to work and who won't?

• Businesses going down the gurgler is more detrimental to the economy than unemployment?

• What are the long term implications of young professionals being unemployed?

• Should you access your future?

Back in episode 89 we interviewed Brendan Coates, Household Finances Program Director at the Grattan Institute, and he joins us in this episode to explore the various issues currently affecting households.

Sensationalist media, conflicting reports and anecdotal evidence, but what does the data say?

• Why newly built properties are at the greatest risk.

• How is the data segmented to better reflect real profiles?

• Will there be low or high capital growth over the coming years?

• Are we reaching our 'peak debt'?

Martin is the founder of Digital Finance Analytics, a boutique research, analysis and consulting firm, he is one of the most regarded authorities in the research space with several media contributions such as ABC News, AFR and 60 minutes.

During this crisis how has the real estate industry taken up the challenge to adapt.

• Why has the pandemic been a wake up call for the property market?

• Still in the market? What should you do?

• Timing, wait another year or action now?

• Is there a conflict of interest with agents giving advice?

In this special episode we bring back John Cunningham, Principal Director of Cunninghams, a successful and established real estate agency based in the Northern Beaches.

All the valuation questions you wanted to ask are finally answered.

• Will automated valuations be the future for property purchasers?

• What are the different types of valuations?

• How will the Covid-19 Pandemic impact how property is valued?

• How much do banks dictate how valuation should be done?

We sit down to discuss the current state of property valuations: how they work, what factors impact the value of a property, and where the future of valuations will be - automated, cheaper and with a click of a button? Listen in to find out.

The front-line pushing on and the experts weighing in, who can you trust in the current market?

• The difference between a good and bad investor

• Which is a better yield or growth?

• How are banks assessed during the Covid-19 pandemic?

• Which expert’s market predictions can you trust?

Tune in as this will be packed full of relevant information for those currently seeking, purchasing or those wondering if now is the time to dip a toe in.

What is happening to property markets around the globe? And how is Australia placed?

• How the Australian economy is performing against the global economy?

• How labour mobility will decrease.

• What will protect our economy in the future?

• How is the frontline of real estate coping during the crisis?

Opening up on the dialogue surrounding the Covid-19 pandemic we pose the question, how will Australia thrive on the other side of this crisis and what should individuals do now and in the future to protect themselves.

As the Coronavirus delivers more blows economists work around the clock to try to predict and reshape the economy to lessen the damages.

• Is the world economy heading towards a depression?

• How will the stimulus package work?

• Was the USA too late to act in shutting down?

• Has Australia done enough to flatten the curve?

Shane breaks down the current economic climate, locally and globally, showcasing the various economic indicators revealing the direction we are all heading towards.

How will the real estate industry adapt to the severe restrictions and how will the Australian economy overcome the growing burdens of the virus.

Here’s what we cover:

• How the property market performed after stock market crashes?

• Why is the current downturn radically different to past downturns?

• Who will be most impacted by falling housing prices?

• Is it inevitable that Australia will go into recession

With new restrictions on real estate in place to curb the growing threat of Covid-19 and with over 150,000 people applying for unemployment benefits Veronica and Chris ask the questions that you’re thinking.

Veronica and Chris review predictions made for the last year and back-test some from 10 years ago.

Here’s what we covered:

• When was the bottom of the market and did anyone pick it?

• How long did it take the Sydney market to go down 15%?

• What suburbs were true hotspots?

• What things can you do to view a property's possible growth?

Find out which experts got it right, who got it wrong and who has got egg on their face after predicting an 85% fall in the market?

Our host chat with Dr. Nicole Johnston and her report on building defects in the residential property sector.

Here’s what we covered:

• Why NSW is the riskiest state to buy a new apartment.

• Why is there very little research on new buildings?

• What happens to tenants with defects and the red tape involved?

• Why does home and contents insurance not protect you from defects?

• Is it possible to build quality and also solve the housing affordability crisis?

• Do owner’s get their money back for rectification costs when they go to sell?

Living through uncertain times, our hosts discuss the impact of the novel Covid-19 on the Australian economy.
By now we are all highly aware of the Corona Virus as it has spread far and wide throughout the world, governments are imposing lockdowns and the world economy holds its breath as it adapts to the crisis. The question is, where will Australia be once the dust settles? In our first out of cycle special episode, Veronica and Chris aim to answer the questions surrounding the impact of the virus on the property market and the greater Australian economy.

Here’s what we covered:

• Should you buy or sell during the pandemic?

• Very little stock will hit the market.

• People should start refinancing mortgages and cut expenses.

• Why you should purchase the most perfect property.

• Will the market boom or bust?

• Who will win and who will lose?

• Is this a good time to buy or sell shares?

• What will happen to the unemployment rate?

• How it will impact labour mobility and housing affordability?

• Why should people start getting ready to buy?

MENTIONED EPISODES:
Episode 58 | Nerida Conisbee

LINKS:
Send us your questions HERE

HOST LINKS: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au
Work with Veronica: info@gooddeeds.com.au

Looking for a Mortgage Broker? www.wealthful.com.au
Work with Chris: hello@wealthful.com.au

Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:
www.getauctionready.com.au
Use the coupon ELEPHANT for your 30% listener discount.

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 on 19 March, 2020.

https://www.theelephantintheroom.com.au/podcasts/covid-19

Today we look into the impact of skyrocketing property prices and the societal issue when individuals' financial future are in jeopardy.
Taking a different turn from the usual episode, our hosts talk to Sharon Bradley, columnist and writer for the Good Weekend. Her recent article in the Sydney Morning Herald “Having to ask for somewhere to live, it’s difficult indeed”, caught Veronica and Chris’s attention. Our hosts want to open the conversations on rising property prices, increasing unemployment, and where it leaves you and financial stability.

In today's episode our hosts discuss how securing your financial future with the appropriate financial advice can safeguard you and your family from the uncertainty of current housing prices, and economic stability.

Here is what we covered;

• Changing our perceptions of homelessness.

• Why is a particular demographic becoming homeless at an alarming rate.

• How to protect yourself and your family from severe unexpected circumstances.

• What factors are forcing this increase in homelessness?

• How long is the public housing list?

• Building more social housing.

• What can the government do to curb the housing crisis?

• Bridging the gap with impact investing?

• Gambling with your own home?

MENTIONED EPISODES:
Episode 66 | Michele Adair
Episode 89 | Ownership Crisis
Episode 95 | Craig Bigelow
Episode 104 | Adam Hirst

GUEST LINKS:
‘Having to ask for somewhere to live, it’s difficult indeed’

CHARITY LINKS:
https://sharethedignity.com.au/
http://steppingstonehouse.com.au/
https://www.ozharvest.org/
https://www.benevolent.org.au/
https://orangesky.org.au/

HOST LINKS:
Looking for a Sydney Buyers Agent? www.gooddeeds.com.au
Work with Veronica: info@gooddeeds.com.au

Looking for a Mortgage Broker? www.wealthful.com.au
Work with Chris: hello@wealthful.com.au