In this episode, we welcome back Martin North, Founder of Digital Finance Analytics (DFA). DFA surveys thousands of Australian families to gauge key consumer metrics, which have been crucial in highlighting areas of concern within debt and property prices. This is Martin’s third appearance on the Podcast, previously he has shared bearish views on the property market but maybe in this episode, he has had a change in heart?

The economist’s who cried wolf will be known for their false property market crash predictions. It was meant to be peak Covid cases, the tightening of restrictions, the September cliff and in March of 2021 end of job seeker.

Here we are in May, the property market has only broken records due to a variety of factors resulting in a lack of quality supply and overflowing demand that has brought new faces into neighbouring suburbs. But what’s next? Will consumers continue to go to auction on a Saturday until they settle, or will they give up waiting for a market crash that may never happen? Alternatively, have consumers bitten off more debt than they can chew, and will a potential cash rate increase bring down property prices to all-time lows?

RELEVANT EPISODES:Episode 177 | Australia’s Economic Recovery | Carlos Cacho, Jaden Group AustraliaEpisode 143 | Postcode Analysis: What properties are outperforming the market | Martin NorthEpisode 123 | To buy, or not to buy: that is the question | Martin North

GUEST LINKS:https://www.digitalfinanceanalytics.com/

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 in May 2021.

https://www.theelephantintheroom.com.au/podcasts/178

In this episode, we welcome back Martin North, Founder of Digital Finance Analytics (DFA). DFA surveys thousands of Australian families to gauge key consumer metrics, which have been crucial in highlighting areas of concern within debt and property prices. This is Martin’s third appearance on the Podcast, previously he has shared bearish views on the property market but maybe in this episode, he has had a change in heart? The economist’s who cried wolf will be known for their false property market crash predictions. It was meant to be peak Covid cases, the tightening of restrictions, the September cliff and in March of 2021 end of job seeker. Here we are in May, the property market has only broken records due to a variety of factors resulting in a lack of quality supply and overflowing demand that has brought new faces into neighbouring suburbs. But what’s next? Will consumers continue to go to auction on a Saturday until they settle, or will they give up waiting for a market crash that may never happen? Alternatively, have consumers bitten off more debt than they can chew, and will a potential cash rate increase bring down property prices to all-time lows? RELEVANT EPISODES:<a href="https://www.theelephantintheroom.com.au/podcasts/177" target="_blank" rel="noopener">Episode 177 | Australia’s Economic Recovery | Carlos Cacho, Jaden Group Australia</a> <a href="https://www.theelephantintheroom.com.au/podcasts/143" target="_blank" rel="noopener">Episode 143 | Postcode Analysis: What properties are outperforming the market | Martin North</a> <a href="https://www.theelephantintheroom.com.au/podcasts/123" target="_blank" rel="noopener">Episode 123 | To buy, or not to buy: that is the question | Martin North</a> GUEST LINKS:<a href="https://www.digitalfinanceanalytics.com/" target="_blank" rel="noopener">https://www.digitalfinanceanalytics.com/</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 in May 2021. <a href="https://www.theelephantintheroom.com.au/podcasts/178">https://www.theelephantintheroom.com.au/podcasts/178</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

The impending market crash never came but what could cause the next?

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