No one could have expected the economy, let alone the property market, to be flipped on its head this year. New restrictions and cases were a daily occurrence with all industries having to pivot rapidly or succumb to the down turn. Seeing with 2020 vision, we look back in hindsight on the property market, and how it performed, changed and adapted to market conditions. Moreover, we look at how 2020 has laid the foundations for the years to come, with all time low interest rates, changes to stamp duty and most importantly what consumers are looking to buy.

Here’s what we covered:
Will investors come back into the market?
What allowed an uptick in consumers taking out mortgages?
How Labour losing the election had a massive impact on the property market.
What are banks trying to accomplish with high advertising budgets and refinance wars?
Have the grants for new homeowners been beneficial or detrimental?
What will the stamp duty changes look like and how will they impact the overall market?
How has Covid altered what consumers are looking to buy and will this possibly translate to what developers build?
Will the access to super be hugely beneficial or will it compromise individuals futures?
Will there be a third wave of Covid with relaxing restrictions and the introduction of the vaccine?
What will happen at the end of payment holidays and jobkeeper?

RELEVANT EPISODES:Episode 150 | Meighan WellsEpisode 126 | Stuart WemyssEpisode 120 | Michael Yardney

COVID-19 EPISODES:Episode 112 | Pandemic Crisis (March 21st)Episode 115 | New Restrictions (March 31st)Episode 117 | Next Great Depression (April 7th)Episode 122 | Buying during pandemic (May 7th) Episode 132 | Societal impacts of Covid (July 13th)

Articles/Links:Good Deeds:  THE EMBARRASSED BUYER SYNDROME Good Deeds:  SYDNEY HOUSE PRICES HAVE STOPPED FALLING Good Deeds:  IS IT A GOOD TIME TO BUY PROPERTY IN SYDNEY NOW? Home Buyer Academy - Free CourseSuburb Trends

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.auWork 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/157

No one could have expected the economy, let alone the property market, to be flipped on its head this year. New restrictions and cases were a daily occurrence with all industries having to pivot rapidly or succumb to the down turn. Seeing with 2020 vision, we look back in hindsight on the property market, and how it performed, changed and adapted to market conditions. Moreover, we look at how 2020 has laid the foundations for the years to come, with all time low interest rates, changes to stamp duty and most importantly what consumers are looking to buy. Here’s what we covered: <ul> <li style="font-weight: 400;">Will investors come back into the market?</li> <li style="font-weight: 400;">What allowed an uptick in consumers taking out mortgages?</li> <li style="font-weight: 400;">How Labour losing the election had a massive impact on the property market.</li> <li style="font-weight: 400;">What are banks trying to accomplish with high advertising budgets and refinance wars?</li> <li style="font-weight: 400;">Have the grants for new homeowners been beneficial or detrimental?</li> <li style="font-weight: 400;">What will the stamp duty changes look like and how will they impact the overall market?</li> <li style="font-weight: 400;">How has Covid altered what consumers are looking to buy and will this possibly translate to what developers build?</li> <li style="font-weight: 400;">Will the access to super be hugely beneficial or will it compromise individuals futures?</li> <li style="font-weight: 400;">Will there be a third wave of Covid with relaxing restrictions and the introduction of the vaccine?</li> <li style="font-weight: 400;">What will happen at the end of payment holidays and jobkeeper?</li> </ul> RELEVANT EPISODES:<a href="https://www.theelephantintheroom.com.au/podcasts/150">Episode 150 | Meighan Wells</a> <a href="https://www.theelephantintheroom.com.au/podcasts/126">Episode 126 | Stuart Wemyss</a> <a href="https://www.theelephantintheroom.com.au/podcasts/120">Episode 120 | Michael Yardney</a> COVID-19 EPISODES:<a href="https://www.theelephantintheroom.com.au/podcasts/112">Episode 112 | Pandemic Crisis (March 21st)</a> <a href="https://www.theelephantintheroom.com.au/podcasts/115">Episode 115 | New Restrictions (March 31st)</a> <a href="https://www.theelephantintheroom.com.au/podcasts/117">Episode 117 | Next Great Depression (April 7th)</a> <a href="https://www.theelephantintheroom.com.au/podcasts/122">Episode 122 | Buying during pandemic (May 7th)</a> <a href="https://www.theelephantintheroom.com.au/podcasts//132"> Episode 132 | Societal impacts of Covid (July 13th)</a> Articles/Links:Good Deeds: <a href="https://gooddeeds.com.au/sydney-property-market/real-estate-buyers-market/"> THE EMBARRASSED BUYER SYNDROME</a> Good Deeds: <a href="https://gooddeeds.com.au/sydney-property-market/proof-sydney-house-prices-have-stopped-falling/"> SYDNEY HOUSE PRICES HAVE STOPPED FALLING</a> Good Deeds: <a href="https://gooddeeds.com.au/sydney-property-market/buy-property-in-sydney/"> IS IT A GOOD TIME TO BUY PROPERTY IN SYDNEY NOW?</a> <a href="http://www.homebuyeracademy.com.au/freecourse"> Home Buyer Academy - Free Course</a> <a href="https://www.suburbtrends.com/">Suburb Trends</a> HOST LINKS:Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au">www.gooddeeds.com.au</a> Work with Veronica: <a href="https://linktr.ee/veronicamorgan">https://linktr.ee/veronicamorgan</a> Looking for a Mortgage Broker? <a href="https://www.wealthful.com.au/">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 href="https://www.theelephantintheroom.com.au/podcasts/157" target="_blank" rel="noopener">https://www.theelephantintheroom.com.au/podcasts/157</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

As this year comes to an end, what does it bring for 2021?

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