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 questions@theelephantintheroom.com.au!

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: hello@wealthful.com.au 
Send in your questions to: questions@theelephantintheroom.com.au 

 

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!

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&rsquo;re largely left out of consultation, but when they need a tax grab, we&rsquo;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 <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a>!
See you in the episode!
&nbsp;
Episode Highlights:
<ol>
<li aria-level="1">Why PICA was formed [01:58]</li>
<ul>
<li aria-level="2">Does it coincide with the negative gearing &amp; capital gains changes? [04:12]</li>
</ul>
<li aria-level="1">The misuse of data in negative gearing during labour&rsquo;s policy changes [06:31]</li>
<li aria-level="1">Is negative gearing, as a strategy, a good idea? [08:41]</li>
<li aria-level="1">PICA on educating property investors on their journey [12:33]</li>
<li aria-level="1">PICA&rsquo;s checklist of what to lobby the government on [15:13]</li>
<li aria-level="1">Is PICA being sought for consultation during this policy formation stage? [21:23]</li>
<li aria-level="1">Ben&rsquo;s experience dealing with government policies &amp; lobbies [24:39]</li>
<li aria-level="1">Pawns used by the government to stimulate the construction industry [28:28]</li>
<li aria-level="1">What could solve the housing affordability problem? [33:05]&nbsp;</li>
<li aria-level="1">What should investors be aware of as regulators slow down the market? [38:02]</li>
<li aria-level="1">How many brokers recommend not borrowing the maximum? [43:30]</li>
<li aria-level="1">Who does PICA approach regarding new legislations &amp; policies [46:26]</li>
<li aria-level="1">The case of consumers being penalised by their lender [48:52]</li>
<li aria-level="1">Refinancing based on your risk of leaving &amp; ability to do so in the future [50:54]</li>
<li aria-level="1">Helping disadvantaged property investors on the rezoning issue [53:28]</li>
<li aria-level="1">Ben&rsquo;s property dumbo [58:00]</li>
</ol>
&nbsp;
Link/s from the Show:
<ul>
<li aria-level="1">Visit <a href="https://pica.asn.au/">PICA&rsquo;s website</a></li>
</ul>
&nbsp;
About Ben
Ben Kingsley is the Chair of the Property Investors Council of Australia (PICA). He is also the Founder of advisory business <a href="http://empowerwealth.com.au/">Empower Wealth</a> 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.
&nbsp;
Connect with Us:
<ul>
<li aria-level="1">Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au/">www.gooddeeds.com.au</a></li>
<li aria-level="1">Work with Veronica: <a href="https://linktr.ee/veronicamorgan">https://linktr.ee/veronicamorgan</a></li>
<li aria-level="1">Looking for a Mortgage Broker? <a href="https://www.wealthful.com.au/">www.wealthful.com.au</a></li>
<li aria-level="1">Work with Chris: <a href="mailto:hello@wealthful.com.au">hello@wealthful.com.au</a>&nbsp;</li>
<li aria-level="1">Send in your questions to: <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a>&nbsp;</li>
</ul>
&nbsp;
Find this episode on our website: <a href="https://www.theelephantintheroom.com.au/podcasts/200">https://www.theelephantintheroom.com.au/podcasts/200</a>
&nbsp;
If you&rsquo;ve enjoyed this episode, don&rsquo;t forget to like, share, rate and subscribe for more!

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!

We talk about the things no one wants to talk about in the Property Market

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