2020 has been an insightful year, reshaping where people work, live and spend time. The question is what will 2021 bring? With the restructuring of stamp duty and opt in/opt out programs be a success? Moreover, will the government target this towards new properties like FHB grants or will it open the door, moving citizens away from new builds? In addition to the stamp duty conversation Kent and the team showcase capital cities performance during this year; which has the brightest outlook for the future?

Here’s what we covered:
How will the abolishment of stamp duty work?
Will flippers return to the market if they can opt out of stamp duty?
How can property buyers maximise their return when renovating?
How different states will calculate stamp duty and land tax differently?
What are small ways flippers can increase their profit margin?
How have the capital cities performed from one another?
Has Covid really affected the property market, or has it boomed?
Which small rural city has greatly benefitted from Covid?
Does the fall in listing matter if the price of property rises?

RELEVANT EPISODES:Episode 153 | Brendan CoatesSuburb Trends NovemberEpisode 150 | Meighan Wells

GUEST LINKS:http://www.suburbtrends.comhttps://www.revenue.act.gov.au/tax-reformhttps://www.realestate.com.au/property/78-ragless-cct-kambah-act-2902

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 9 December, 2020.

https://www.theelephantintheroom.com.au/podcasts/153

2020 has been an insightful year, reshaping where people work, live and spend time. The question is what will 2021 bring? With the restructuring of stamp duty and opt in/opt out programs be a success? Moreover, will the government target this towards new properties like FHB grants or will it open the door, moving citizens away from new builds? In addition to the stamp duty conversation Kent and the team showcase capital cities performance during this year; which has the brightest outlook for the future? Here’s what we covered: <ul> <li style="font-weight: 400;">How will the abolishment of stamp duty work?</li> <li style="font-weight: 400;">Will flippers return to the market if they can opt out of stamp duty?</li> <li style="font-weight: 400;">How can property buyers maximise their return when renovating?</li> <li style="font-weight: 400;">How different states will calculate stamp duty and land tax differently?</li> <li style="font-weight: 400;">What are small ways flippers can increase their profit margin?</li> <li style="font-weight: 400;">How have the capital cities performed from one another?</li> <li style="font-weight: 400;">Has Covid really affected the property market, or has it boomed?</li> <li style="font-weight: 400;">Which small rural city has greatly benefitted from Covid?</li> <li style="font-weight: 400;">Does the fall in listing matter if the price of property rises?</li> </ul> RELEVANT EPISODES:<a href="https://www.theelephantintheroom.com.au/podcasts/153" target="_blank" rel="noopener">Episode 153 | Brendan Coates</a> <a href="https://www.theelephantintheroom.com.au/podcasts/st5" target="_blank" rel="noopener">Suburb Trends November</a> <a href="https://www.theelephantintheroom.com.au/podcasts/150" target="_blank" rel="noopener">Episode 150 | Meighan Wells</a> GUEST LINKS:<a href="http://www.suburbtrends.com" target="_blank" rel="noopener">http://www.suburbtrends.com</a><a href="https://www.revenue.act.gov.au/tax-reform" target="_blank" rel="noopener">https://www.revenue.act.gov.au/tax-reform</a> <a href="https://www.realestate.com.au/property/78-ragless-cct-kambah-act-2902" target="_blank" rel="noopener">https://www.realestate.com.au/property/78-ragless-cct-kambah-act-2902</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" target="_blank" rel="noopener">hello@wealthful.com.au</a> 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 9 December, 2020. <a title="https://www.theelephantintheroom.com.au/podcasts/st6" href="https://www.theelephantintheroom.com.au/podcasts/st6" target="_blank" rel="noopener">https://www.theelephantintheroom.com.au/podcasts/153</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

What will happen if stamp duty is abolished and how have Australian cities performed this year.

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