In the 2nd edition of the new monthly report with Kent Lardner of Suburb Trends, our hosts discuss around the current unemployment rate and what areas are most impacted? Which suburbs are the hottest and questioning if they will stay hot post COVID? And weighing in on why certain suburbs, areas and property types will survive the ‘property price falls’ the media keeps banging on about.

Here’s what we covered:
Quarterly report on small area labour markets.
What is the unemployment rate sitting at?
How has COVID devastated statistically ‘younger areas’.
Why does increasing unemployment in certain sectors not impact the whole economy?
Why do hours worked data better represent unemployment?
Which suburbs are hot and which are cold?
Who is getting pushed out of the market and what suburbs are they going to now?
What impact can the percentage of fully owned properties make?
Will beach side properties stay at the top?
How AirBNB properties in coastal suburbs, shifting to short and long term tenure have boomed.

RELEVANT EPISODES:Episode 123 | Martin NorthSuburb Trends July, 2020Episode 135 | Eliza Owen

GUEST LINKS:Suburb Trends - Website

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 12 August, 2020.

https://www.theelephantintheroom.com.au/podcasts/st2

In the 2nd edition of the new monthly report with Kent Lardner of Suburb Trends, our hosts discuss around the current unemployment rate and what areas are most impacted? Which suburbs are the hottest and questioning if they will stay hot post COVID? And weighing in on why certain suburbs, areas and property types will survive the ‘property price falls’ the media keeps banging on about. Here’s what we covered: <ul> <li style="font-weight: 400;">Quarterly report on small area labour markets.</li> <li style="font-weight: 400;">What is the unemployment rate sitting at?</li> <li style="font-weight: 400;">How has COVID devastated statistically ‘younger areas’.</li> <li style="font-weight: 400;">Why does increasing unemployment in certain sectors not impact the whole economy?</li> <li style="font-weight: 400;">Why do hours worked data better represent unemployment?</li> <li style="font-weight: 400;">Which suburbs are hot and which are cold?</li> <li style="font-weight: 400;">Who is getting pushed out of the market and what suburbs are they going to now?</li> <li style="font-weight: 400;">What impact can the percentage of fully owned properties make?</li> <li style="font-weight: 400;">Will beach side properties stay at the top?</li> <li style="font-weight: 400;">How AirBNB properties in coastal suburbs, shifting to short and long term tenure have boomed.</li> </ul> RELEVANT EPISODES:<a href="https://www.theelephantintheroom.com.au/podcasts/123" target="_blank" rel="noopener">Episode 123 | Martin North</a> <a href="https://www.theelephantintheroom.com.au/podcasts/ST1" target="_blank" rel="noopener">Suburb Trends July, 2020</a> <a href="https://www.theelephantintheroom.com.au/podcasts/135" target="_blank" rel="noopener">Episode 135 | Eliza Owen</a> GUEST LINKS:<a href="https://www.suburbtrends.com/" target="_blank" rel="noopener">Suburb Trends - Website</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" target="_blank" rel="noopener">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 12 August, 2020. <a href="https://www.theelephantintheroom.com.au/podcasts/st2" target="_blank" rel="noopener">https://www.theelephantintheroom.com.au/podcasts/st2</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

Which suburbs will thrive post COVID and which will be passed over?

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