What is a “trusted agent”? 

…And do they even exist in this age of readily accessible information? 

Sean Scoffield, the host of The Trusted Agent Podcast and the National Sales Manager of RESO – a digital real estate sales platform – joins us today to talk about the evolving role of real estate agents… Are they getting better or worse? 

We discuss the factors that make a real estate agent “trustworthy”, how AI does some things better than agents, buyers’ perceptions of agents, and whether or not agents are becoming obsolete. 

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 questions@theelephantintheroom.com.au!

See you in the episode!



Episode Highlights:
Identifying a ‘trusted’ real estate agent [04:14]
Agents’ edge against technology [07:19]
Understanding the role of real estate agents [13:20]
Why buyers don’t trust real estate agents [17:53]
The problem with untrusting buyers [19:06]
How AI provides buyers with transparent offers [22:47]
Transparency isn’t always a good thing [28:44]
Are people missing out on a good market? [34:45]
5 signs of an agent you can trust [39:04]
How agents can beat the rise of AI in real estate [44:48]
Sean’s property Dumbo [46:23]
Avoiding settlement risks [50:26]



About our Guest:

Sean Scoffield is the host of The Trusted Agent Podcast. He is also a Business Consultant, currently working with Real Estate Principals, Sales Agents and Property Managers helping them form stronger connections with their Team, their Clients and their overall Mission & Purpose.



Links from the show:
The Trusted Agent Podcast (https://apple.co/3vWPU8T)
Reso Website (https://reso.com.au/) 



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/242



If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!

What is a “trusted agent”? …And do they even exist in this age of readily accessible information? 
Sean Scoffield, the host of The Trusted Agent Podcast and the National Sales Manager of RESO – a digital real estate sales platform – joins us today to talk about the evolving role of real estate agents… Are they getting better or worse? 
We discuss the factors that make a real estate agent “trustworthy”, how AI does some things better than agents, buyers’ perceptions of agents, and whether or not agents are becoming obsolete. 
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 questions@theelephantintheroom.com.au!
See you in the episode!
 
Episode Highlights:
<ol>
<li aria-level="1">Identifying a ‘trusted’ real estate agent [04:14]</li>
<li aria-level="1">Agents’ edge against technology [07:19]</li>
<li aria-level="1">Understanding the role of real estate agents [13:20]</li>
<li aria-level="1">Why buyers don’t trust real estate agents [17:53]</li>
<li aria-level="1">The problem with untrusting buyers [19:06]</li>
<li aria-level="1">How AI provides buyers with transparent offers [22:47]</li>
<li aria-level="1">Transparency isn’t always a good thing [28:44]</li>
<li aria-level="1">Are people missing out on a good market? [34:45]</li>
<li aria-level="1">5 signs of an agent you can trust [39:04]</li>
<li aria-level="1">How agents can beat the rise of AI in real estate [44:48]</li>
<li aria-level="1">Sean’s property Dumbo [46:23]</li>
<li aria-level="1">Avoiding settlement risks [50:26]</li>
</ol>
 
About our Guest:
Sean Scoffield is the host of The Trusted Agent Podcast. He is also a Business Consultant, currently working with Real Estate Principals, Sales Agents and Property Managers helping them form stronger connections with their Team, their Clients and their overall Mission &amp; Purpose.
 
Links from the show:
<ul>
<li aria-level="1">The Trusted Agent Podcast (<a href="https://apple.co/3vWPU8T">https://apple.co/3vWPU8T</a>)</li>
<li aria-level="1">Reso Website (<a href="https://reso.com.au/">https://reso.com.au/</a>) </li>
</ul>
 
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> </li>
<li aria-level="1">Send in your questions to: <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a> </li>
</ul>
 
Find this episode on our website:
<a href="https://www.theelephantintheroom.com.au/podcasts/242">https://www.theelephantintheroom.com.au/podcasts/242</a>
 
If you’ve enjoyed this episode, don’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

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

Could AI Ever Replace Real Estate Agents? | Sean Scoffield, The Trusted Agent Podcast

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:
LinkedIn https://linkedin.com/in/jarrod-mccabe-81333034/
Website https://wakelin.com.au/
Podcast https://wakelin.com.au/education/podcasts/

Resources:
Visit our website https://www.theelephantintheroom.com.au
If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au
Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
Work with Veronica: https://www.veronicamorgan.com.au
Looking for a Mortgage Broker? https://www.blusk.au
Work with Chris: hello@blusk.au

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!
Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast
Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719
Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765

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:
<ul>
<li aria-level="1">LinkedIn <a href="https://linkedin.com/in/jarrod-mccabe-81333034/">https://linkedin.com/in/jarrod-mccabe-81333034/</a></li>
<li aria-level="1">Website <a href="https://wakelin.com.au/">https://wakelin.com.au/</a></li>
<li aria-level="1">Podcast <a href="https://wakelin.com.au/education/podcasts/">https://wakelin.com.au/education/podcasts/</a></li>
</ul>
Resources:
<ul>
<li aria-level="1">Visit our website <a href="https://www.theelephantintheroom.com.au">https://www.theelephantintheroom.com.au</a></li>
<li aria-level="1">If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a></li>
<li aria-level="1">Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au/">https://www.gooddeeds.com.au</a></li>
<li aria-level="1">Work with Veronica: <a href="http://www.veronicamorgan.com.au">https://www.veronicamorgan.com.au</a></li>
<li aria-level="1">Looking for a Mortgage Broker? <a href="http://www.blusk.au">https://www.blusk.au</a></li>
<li aria-level="1">Work with Chris: <a href="mailto:hello@blusk.au">hello@blusk.au</a></li>
</ul>
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!
<ul>
<li aria-level="1">Subscribe on YouTube: <a href="https://www.youtube.com/@theelephantintheroom-podcast">https://www.youtube.com/@theelephantintheroom-podcast</a></li>
<li aria-level="1">Subscribe on Apple Podcasts: <a href="https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719">https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719</a></li>
<li aria-level="1">Subscribe on Spotify: <a href="https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765">https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765</a></li>
</ul>

What’s Behind Melbourne’s Unusual Property 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.

Connect with Michael Blythe:
LinkedIn https://www.linkedin.com/in/michael-blythe-272a1688/
Website https://www.downsizer.com/

Resources:
Visit our website https://www.theelephantintheroom.com.au
If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au
Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
Work with Veronica: https://www.veronicamorgan.com.au
Looking for a Mortgage Broker? https://www.blusk.au
Work with Chris: hello@blusk.au

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!
Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast
Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719
Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765

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.
Connect with Michael Blythe:
<ul>
<li aria-level="1">LinkedIn <a href="https://www.linkedin.com/in/michael-blythe-272a1688/">https://www.linkedin.com/in/michael-blythe-272a1688/</a></li>
<li aria-level="1">Website <a href="https://www.downsizer.com/">https://www.downsizer.com/</a></li>
</ul>
Resources:
<ul>
<li aria-level="1">Visit our website <a href="https://www.theelephantintheroom.com.au">https://www.theelephantintheroom.com.au</a></li>
<li aria-level="1">If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a></li>
<li aria-level="1">Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au/">https://www.gooddeeds.com.au</a></li>
<li aria-level="1">Work with Veronica: <a href="http://www.veronicamorgan.com.au">https://www.veronicamorgan.com.au</a></li>
<li aria-level="1">Looking for a Mortgage Broker? <a href="http://www.blusk.au">https://www.blusk.au</a></li>
<li aria-level="1">Work with Chris: <a href="mailto:hello@blusk.au">hello@blusk.au</a></li>
</ul>
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!
<ul>
<li aria-level="1">Subscribe on YouTube: <a href="https://www.youtube.com/@theelephantintheroom-podcast">https://www.youtube.com/@theelephantintheroom-podcast</a></li>
<li aria-level="1">Subscribe on Apple Podcasts: <a href="https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719">https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719</a></li>
<li aria-level="1">Subscribe on Spotify: <a href="https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765">https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765</a></li>
</ul>

The Nexus Between Property Taxes and Housing Market Behaviour

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:
LinkedIn https://www.linkedin.com/in/carlosscacho/
Website https://www.jardengroup.com.au/

Resources:
Visit our website https://www.theelephantintheroom.com.au
If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au
Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
Work with Veronica: https://www.veronicamorgan.com.au
Looking for a Mortgage Broker? https://www.blusk.au
Work with Chris: hello@blusk.au

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!
Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast
Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719
Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765

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:
<ul>
<li aria-level="1">LinkedIn <a href="https://www.linkedin.com/in/carlosscacho/">https://www.linkedin.com/in/carlosscacho/</a></li>
<li aria-level="1">Website <a href="https://www.jardengroup.com.au/">https://www.jardengroup.com.au/</a></li>
</ul>
Resources:
<ul>
<li aria-level="1">Visit our website <a href="https://www.theelephantintheroom.com.au">https://www.theelephantintheroom.com.au</a></li>
<li aria-level="1">If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a></li>
<li aria-level="1">Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au/">https://www.gooddeeds.com.au</a></li>
<li aria-level="1">Work with Veronica: <a href="http://www.veronicamorgan.com.au">https://www.veronicamorgan.com.au</a></li>
<li aria-level="1">Looking for a Mortgage Broker? <a href="http://www.blusk.au">https://www.blusk.au</a></li>
<li aria-level="1">Work with Chris: <a href="mailto:hello@blusk.au">hello@blusk.au</a></li>
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Could AI Ever Replace Real Estate Agents? | Sean Scoffield, The Trusted Agent Podcast

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