Welcoming back managing director of Let’s Rent, Lisa Indge, who we spoke with back in Episode 56 about the oversupply of the property market and tips for investors. In this episode Lisa highlights how the investor market has been adversely affected by COVID, and how the mainstream media has been trying to ring bells announcing the myth that the property market is on the verge of ‘collapse’.

Here’s what we covered:

• What types of investor stock was most affected by COVID?
• Why has the inner city property market had the greatest spike in vacancies?
• How the exodus of tenants on visas has opened up the rental market?
• Has the development of new builds added more stock to the current rental market?
• What is the current vacancy rate?
• The current legislation around rent relief.
• What can landlords do now to make their property more tenable?
• How renter preferences have adapted with the work f?

This weeks Dumbo:

• Buying property without a sink and other appropriate facilities

RELEVANT EPISODES:Episode 56 | Lisa Indge Episode 126 | Stuart Wemyss Episode 133 | Alice Stolz

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: [email protected]

Send in your questions to: [email protected]

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 3 June, 2020.

https://www.theelephantintheroom.com.au/podcasts/134

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