‘Forecasters’ have been holding their breath for the property market to crash for years, it was only during Covid that it looked inevitable. They said it’d be at the peak of Covid cases, the tightening of restrictions and of course the ‘September cliff’, but here we are and the property market is holding strong and banks are even turning away potential customers due to being stretched thin from an influx of new pre-approvals. The question is: where is our long promised crash?

We can’t get enough of the superb Eliza Owen, welcoming her back for the fourth time! Eliza is Core Logic’s Head of Residential Research and author of various Core Logic reports and articles, most notably their Pain or Gain report. In this episode we look back in hindsight on the performance of last year, and why the property market has not crashed despite mainstream media and revered economists expecting it?Here’s what we covered:
Why hasn’t the property market crashed?
Where has listening been hit the hardest?
How have Brisbane properties performed over the Covid period?
Is the property market slowing down during the holiday period?
How have capital cities performed differently from each other?
What type of properties have been hit the hardest?
What areas have already seen an uptick in new residents?
Are we going to experience an undersupply of apartments in the near future?
How does the loyalty tax work and is it unfair or just competitive?

RELEVANT EPISODES:Episode 157 | 2021 ForecastEpisode 135 | Eliza OwenEpisode 115 | Eliza Owen

GUEST LINKS:https://www.corelogic.com.au/news/why-didnt-australian-housing-market-crashwww.homebuyeracademy.com.au/workshop

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: hello@wealthful.com.au

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

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 15 December, 2020.

https://www.theelephantintheroom.com.au/podcasts/159

‘Forecasters’ have been holding their breath for the property market to crash for years, it was only during Covid that it looked inevitable. They said it’d be at the peak of Covid cases, the tightening of restrictions and of course the ‘September cliff’, but here we are and the property market is holding strong and banks are even turning away potential customers due to being stretched thin from an influx of new pre-approvals. The question is: where is our long promised crash? We can’t get enough of the superb Eliza Owen, welcoming her back for the fourth time! Eliza is Core Logic’s Head of Residential Research and author of various Core Logic reports and articles, most notably their Pain or Gain report. In this episode we look back in hindsight on the performance of last year, and why the property market has not crashed despite mainstream media and revered economists expecting it?Here’s what we covered: <ul> <li style="font-weight: 400;">Why hasn’t the property market crashed?</li> <li style="font-weight: 400;">Where has listening been hit the hardest?</li> <li style="font-weight: 400;">How have Brisbane properties performed over the Covid period?</li> <li style="font-weight: 400;">Is the property market slowing down during the holiday period?</li> <li style="font-weight: 400;">How have capital cities performed differently from each other?</li> <li style="font-weight: 400;">What type of properties have been hit the hardest?</li> <li style="font-weight: 400;">What areas have already seen an uptick in new residents?</li> <li style="font-weight: 400;">Are we going to experience an undersupply of apartments in the near future?</li> <li style="font-weight: 400;">How does the loyalty tax work and is it unfair or just competitive?</li> </ul> RELEVANT EPISODES:<a href="https://www.theelephantintheroom.com.au/podcasts/157" target="_blank" rel="noopener">Episode 157 | 2021 Forecast</a> <a href="https://www.theelephantintheroom.com.au/podcasts/135" target="_blank" rel="noopener">Episode 135 | Eliza Owen</a> <a href="https://www.theelephantintheroom.com.au/podcasts/115" target="_blank" rel="noopener">Episode 115 | Eliza Owen</a> GUEST LINKS:<a href="https://www.corelogic.com.au/news/why-didnt-australian-housing-market-crash" target="_blank" rel="noopener">https://www.corelogic.com.au/news/why-didnt-australian-housing-market-crash</a> <a href="http://www.homebuyeracademy.com.au/workshop" target="_blank" rel="noopener">www.homebuyeracademy.com.au/workshop</a> HOST LINKS:Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au" target="_blank" rel="noopener">www.gooddeeds.com.au</a> Work with Veronica: <a href="https://linktr.ee/veronicamorgan" target="_blank" rel="noopener">https://linktr.ee/veronicamorgan</a> Looking for a Mortgage Broker? <a href="https://www.wealthful.com.au/" target="_blank" rel="noopener">www.wealthful.com.au</a> Work with Chris: <a href="mailto:hello@wealthful.com.au">hello@wealthful.com.au</a> Send in your questions to: <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a> 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 15 December, 2020. <a title="https://www.theelephantintheroom.com.au/podcasts/159" href="https://www.theelephantintheroom.com.au/podcasts/159" target="_blank" rel="noopener">https://www.theelephantintheroom.com.au/podcasts/159</a>

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

Economists anticipated an inevitable property crash, but where is it?

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