Are rental pressures set to continue in 2024, or is there hope for easing in certain areas? Securing a rental property is becoming increasingly challenging in 2024, posing difficulties for landlords and tenants alike.

For property investors, it’s about facing the task of strategically investing their funds. Meanwhile, tenants are faced with the uncertainty of rising rental rates and limited housing options.

Today, we are joined by our resident data geek, Kent Lardner to dissect these pressing issues. With Kent's expertise in analysing real estate trends, he brings invaluable insights into the factors shaping the rental market landscape in 2024.

Tune in to get some helpful tips and actionable takeaways in dealing with the rental market in 2024.

Episode Highlights:

00:00 - Introduction

01:00 - Kent's approach to investigating the outlook for the rental market in 2024

04:41 - The difference in gathering and reporting rental data compared to sales data

06:32 - Analysing the current state and potential future developments in the rental market

09:06 - The challenges of housing affordability and the resulting trends

14:07 - Rental trends in the context of affordability and price increases in various capital cities

18:55 - Key factors influencing equity and borrowing capacity for investors

21:12 - Does prefab construction offer a solution to housing affordability?

26:09 - The dynamics of affordability and price increases in Brisbane, Melbourne, Sydney

30:27 - Why is the majority moving OUT of Sydney?

34:45 - Displacement in the rental market and its implications on supply and demand

36:43 - The potential impacts of legislative reforms on rental data transparency

42:23 - What role should policymakers play in addressing rental insecurity?

43:45 - What steps can be taken to ensure equitable access to affordable housing for all?

About Kent Lardner:

Kent Lardner is an expert data science and business leader with 30+ years of experience at leading companies like JLL, CoreLogic, and General Electric. He has led teams of 5 to 200 people across Australia and China, driven by his passion for high-growth digital businesses. Kent is also the founder of Suburbtrends, a leading property research firm trusted by major names in Australian property and featured in mainstream media.

Connect with Kent Lardner:
Kent Lardner’s LinkedIn: https://au.linkedin.com/in/kentlardner
Kent Lardner’s Website: https://suburbtrends.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

Are rental pressures set to continue in 2024, or is there hope for easing in certain areas? Securing a rental property is becoming increasingly challenging in 2024, posing difficulties for landlords and tenants alike.
For property investors, it’s about facing the task of strategically investing their funds. Meanwhile, tenants are faced with the uncertainty of rising rental rates and limited housing options.
Today, we are joined by our resident data geek, Kent Lardner to dissect these pressing issues. With Kent's expertise in analysing real estate trends, he brings invaluable insights into the factors shaping the rental market landscape in 2024.
Tune in to get some helpful tips and actionable takeaways in dealing with the rental market in 2024.
Episode Highlights:
00:00 - Introduction
01:00 - Kent's approach to investigating the outlook for the rental market in 2024
04:41 - The difference in gathering and reporting rental data compared to sales data
06:32 - Analysing the current state and potential future developments in the rental market
09:06 - The challenges of housing affordability and the resulting trends
14:07 - Rental trends in the context of affordability and price increases in various capital cities
18:55 - Key factors influencing equity and borrowing capacity for investors
21:12 - Does prefab construction offer a solution to housing affordability?
26:09 - The dynamics of affordability and price increases in Brisbane, Melbourne, Sydney
30:27 - Why is the majority moving OUT of Sydney?
34:45 - Displacement in the rental market and its implications on supply and demand
36:43 - The potential impacts of legislative reforms on rental data transparency
42:23 - What role should policymakers play in addressing rental insecurity?
43:45 - What steps can be taken to ensure equitable access to affordable housing for all?
About Kent Lardner:
Kent Lardner is an expert data science and business leader with 30+ years of experience at leading companies like JLL, CoreLogic, and General Electric. He has led teams of 5 to 200 people across Australia and China, driven by his passion for high-growth digital businesses. Kent is also the founder of Suburbtrends, a leading property research firm trusted by major names in Australian property and featured in mainstream media.
Connect with Kent Lardner:
<ul>
<li aria-level="1">Kent Lardner’s LinkedIn: <a href="https://au.linkedin.com/in/kentlardner">https://au.linkedin.com/in/kentlardner</a></li>
<li aria-level="1">Kent Lardner’s Website: <a href="https://suburbtrends.com/">https://suburbtrends.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>

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

Advertisement