Aaron  0:12  
Alright guys, welcome back to the property pod. You're accessible and easy to listen to podcast about the real estate game. I'm your host Aaron Horne, and I'm joined by 4one4 Property Co. Real Estate Agents, John McGregor and Patrick Berry

Patrick  0:24  
love it real estate game.

Aaron  0:26  
Yeah. Now I've gotten through the first bit that I always try so hard to do, because I've got it written down in front of me today. And then I was like, Oh, crap, I don't know what comes next. I'll get slowly but surely,

John  0:37  
I think game could be a good word for it. Because no one can feel that way.

Aaron  0:40  
I think I would normally say property market today, just now that the game is all about the guy

John  0:46  
that had to play the game or something like that.

Aaron  0:49  
It's good to be back again. This is our second one for the year. And I just want to say thank you to everybody out there that has jumped back on board or if you were first time listening last week, it's really good. We had had really good numbers last week, kind of after a break. Sometimes it takes a little water kind of you know, everyone to jump back on. But yeah, yeah, straight out the gate. Whoever subscribing and

Patrick  1:09  
others push notifications you find sensory.

Aaron  1:12  
Yeah, well, yeah. Thank you, for the people that have followed us in the past. And yeah, I think there's a there's actually a little bit of growth in 2021. So let's continue to kind of get jumping forward and we'll try not

Patrick  1:23  
to let you guys down this week then.

Aaron  1:24  
Yeah. I could have been like, yeah, I really enjoyed what I have to say.

John  1:31  
I feel like it's a process. Rob. Was that.

Aaron  1:35  
Was that your favourite guy? He's like, yeah, just the yodelling. Man.

Patrick  1:38  
Why did they play it once in a blue moon?

Aaron  1:40  
Because they want you to watch every week just in case? Yeah,

John  1:43  
yeah.

Aaron  1:45  
There's definitely method to their madness that actually, it'd be a sales technique for sure. Look,

John  1:49  
I went down a rabbit hole of watching Hey, hey, it's Saturday clips at this point. So I'm gonna have to go back and find the prices right at this point now for the

Aaron  1:56  
early May as only listen to something yesterday where I was saying that gogglebox TV shows way better if you watch like it from five years ago then rather than like the current ones, because they're just you basically watching the show. You've already watched, just having someone else watch it. That makes sense. But if you watch it from five years ago, it's kind of shows you forgot even existed. Yeah.

Patrick  2:14  
See, I'm kind of the opposite, because I don't watch freeway TV. So when I watch gogglebox don't happen on that stupid level. And it's funny. To me. The full week captured of TV, so I don't have to watch it during

Aaron  2:28  
the week. It's actually a pretty good point as well. Yeah. All right. I'll give you that. sighs Yes, there's many ways to watch gogglebox there's many ways to play the real estate guy.

John  2:36  
You heard Hey, first.

Aaron  2:41  
Alright guys, let's jump into some real estate stuff today. Well, we've got a bit on today. So we'll just kind of get in and a bit punchy. Let's talk about this moratorium. Yeah. When you've walked in, you said is over baby.

John  2:54  
Oh, well, that was the emergency legislation put on the tenancy act for COVID. And it felt because they had extension after extension. And it now candle full end on the first of February. Just

Aaron  3:06  
before we get any further, just treat me like the guy that does nothing. Yeah. You mentioned it. I'd heard the word I'd seen it come across the thing and I like listening in the offices. There's been this stuff that's come up, but can you explain it to the layman?

Patrick  3:20  
Yeah, sure. So it all started back in March last year.

This is looping codabar.

John  3:32  
virus.

Aaron  3:36  
pets, pets got the info.

Patrick  3:39  
And now you've ruined my train. No, seriously, back in March, the Tasmanian government put out this monitoring to help tenants ensure they felt safe while the unknown of everything that was happening in the world short, sharp. And as a result, we couldn't raise rents, we couldn't evict tenants if they stopped paying their rent. We had it was basically to ensure safe place of housing for people while the pandemic was at a high and with all the unknowns that were happening. Yeah, that sounds great. That sounds really kind of, and then it's sort of extended on and on. And on. And look, here in Tasmania, we're pretty lucky. And obviously a lot of people were able to get back to work. And yeah, it's sort of one of those things that it's good that it's been there to help tenants but as well has been a lot of burden for a lot of landlords that sort of a double edged sword. So depending on which side of the fence you're sitting on, some people are excited it ending some people are a bit worried that it hasn't ended. And look, you're never going to please everyone. It's just sort of one of those things, isn't it? Exactly.

John  4:39  
And I suppose with it gone now, the I mean, the key elements like I said that where there will be no increases in rent at all, and any notices to vacate that were issued, we're not to be taken effect till first of February. So even if, unless they're a cup that relaxed that for a couple of changes during it, but effectively everyone was locked in place. Or if they wanted to make any changes, the tenant could happily stay in the house till the first of February until that was to take effect. Okay, so we, I mean, there was one, it was an interesting couple of things that came out of it too, is that the real number of people that are adversely affected by the monetary side of, you know, needing to be able to apply for relaxation in the rent or cancellation, it ended up being an exceptionally small number that came out from our institute. So, which is a great thing, you know, you don't want anyone either You don't? Don't you don't want the news to be that more people than not adversely affected by it? Yes. I think one of the outward pressure that began where people were applying for extension was to say, look, there's no, there's little proof at this point to justify this continuing restrictive legislation. Sure, because I mean, for example, we had a property in England, okay, in this day are going to be coming on the market. Yeah. And unfortunately, this is a case where the owner was a private landlord, and the tenant did the absolute wrong thing, the place is an absolute nightmare of a property, but during this legislation will, hopefully was hoping to get out by September or something at the time, or I can't remember the date. Exactly. But as they extended it, well, then they got another free, you know, quarter of a year worth of rent, because the no notice to vacate could take effect, even though that you know, weren't paying rent, we're trashing the property. And there was just in order for the applications to apply would have taken too long anyway. So that was a bit, you know, a, you know, an example of a bad instance, where the landlord had to bear this bad responsibility with the restrictive legislation.

Aaron  6:36  
Yeah, so yeah, that's why I'm just havi...