On this week's episode Veronica dives into the past to talk about her own property dumbos.  With 25 years experience in the property sector, from buying, selling and advising on all things property, Veronica relives the early days of her own property journey. Chris discusses the common mistakes first home buyers make and the opportunity costs associated.

Here’s what we covered:

• Next steps to take when you purchase a property
• How market conditions can alter your decision making time frame
• How to visualise your dream property
• Choosing a safe property for your children
• What you need to know about the influence your subconscious has on your decision making
• Why reactionary purchases are likely to lead to bad property decisions 
• How property purchases when single affect your ability to purchase with a future partner
• Make good property decisions now rather than regretting your decision in the future
• Does purchasing where infrastructure is being built improve property growth?
• How home bias impacts new investors
• What is the appropriate loan structure for investment properties 
• The opportunity of cost of waiting and buying later
• Chris and his new home inspection story

MENTIONED EPISODES:Simon Russell | Episode 1

HOST LINKS: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: [email protected] 

Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [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 Dec 2019

See omnystudio.com/listener for privacy information.

On today’s episode we pick the brains of Adam Hirst, General Manager of Build-To-Rent at Mirvac. Adam is currently overseeing Mirvac’s newest development at Sydney Olympic Park, Indigo Pavilion, Australia’s first mass scale build-to-rent project. Adam discusses the overseas success of build-to-rent also known as ‘multifamily’, the viability of this alternative to generic residential development and how this alternative model will benefit renters.

Here’s what we covered:

• What is build-to-rent/Multifamily?
• Is build-to-rent the future for renters?
• Why are build-to-rent leases longer than standard leases?
• What are the building costs associated?
• What are the benefits of build-to-rent?
• Why are superannuation funds investing in build-to-rent?
• Will there be an under supply of housing in 2021 - 2023?
• Why consumers want sustainability but are not willing to pay for it
• How developers are trying to create a community in their developments
• How capitalisation rates impact build-to-rent
• Why to never buy in areas of over supply

GUEST LINKS:Find out more about Adam Hirst his work in Build-To-Rent.Indigo Pavilion - Sydney Olympic Park MENTIONED EPISODES:Episode 80 | Ed Fernon Episode 62 | Cecille Weldon

HOST LINKS: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: [email protected] 

Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [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 the 28 November, 2019

https://www.theelephantintheroom.com.au/podcasts/104

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Amanda Farmer returns to the Elephant in the Room Property Podcast to discuss all things Strata. Amanda is the Director of Lawyers Chambers on Riley and Founder of Your Strata Property. With 16 years under her belt as a specialist Strata Lawyer, Amanda is a respected and well known authority in the property market. In this Episode Amanda opens up on the rights and obligations of strata owners and looks at the case study of Mascot and Opal Tower.

Here's what we covered: 

• How building defects impact strata owners
• What are the strata challenges facing Mascot and Opal Tower
• How to have your say as a strata owner?
• Is Opal Tower legally obliged to repair the building?
• What are your rights as a strata owner
• Why your strata report is important
• How to learn more as a strata owner
• How embedded network contracts can impact strata owners
• The importance of strata meetings
• Why you should always do your due diligence

MENTIONED EPISODES:Episode 25 | Amanda Farmer Episode 1 | Simon Russell

GUEST LINKS:Lawyers Chambers on Riley Your Strata Property - Website - Podcast

HOST LINKS: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: [email protected]

Looking for a Mortgage Broker? www.weatlhful.com.au Work with Chris: [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 14 November, 2019.

https://www.theelephantintheroom.com.au/podcasts/103

See omnystudio.com/listener for privacy information.

Today we pick the brains of Louis Christopher, Australia’s most recognised and respected property analyst and Founder of SQM Research. SQM specialises in providing accurate research and data to financial institutions, professionals and investors. Louis provides his predictions for the 2020 property market and gives essential information regarding factors that shift property prices.

Here’s what we covered:

• What is the primary reason property doesn't sell

• How Sydney's Northwest and Hills district diluted the Sydney property market

• How does a low building commencement rate impact the economy

• Why market forces barely impact the current property market

• Are low interest rates driving asset price inflation

• Why major contractions would devastate the economy

• What are the essential factors to property demand

• What are the property forecasts for 2020

GUEST LINKS:Click HERE, for Louis Christopher’s Boom or Bust report Follow Louis Christopher on Twitter https://sqmresearch.com.au/

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: [email protected]

Looking for a Mortgage Broker? www.weatlhful.com.au Work with Chris: [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…https://www.theelephantintheroom.com.au/podcasts/102

See omnystudio.com/listener for privacy information.

Starting off the beginning of the year with this jam packed episode. Veronica Morgan & Chris Bates talk all about their outlook for the 2020 property market. We feature insights from trusted experts and their views for Sydney, Melbourne and Brisbane market. 

Here’s what we cover:

• What we anticipate for Sydney in 2020

• How supply and demand drive property prices

• A historical look at clearance rates

• Are sales agents putting more listings off market?

• Why Sydney has had the fastest property price growth in 31 years?

• Reporting lag, how far behind is it from actual market numbers?

• Why property buyers from 2012 are making a return into the 2020 market

• Why First home buyer incentives drive prices up

• Will there be a cultural shift from houses to town houses?

• What are the big predictions for 2020?

EPISODE LINKS:Episode 41 - Meighan Hetherington Episode 96 - Andrew Wilson Episode 77 - Cameron Kusher Episode 81 - Eliza Owen Episode 58 - Nerida Conisbee Episode 93 - David Johnston Episode 23 - Cate Bakos Episode 39 - Stuart Wemyss Episode 42 - Jarrod McCabe Episode 24 - Pete Wargent

IN DEPTH CONTRIBUTOR COMMENTS:Click HERE to view

SOCIAL LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: [email protected]

Looking for a Mortgage Broker? www.weatlhful.com.au Work with Chris: [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…

https://www.theelephantintheroom.com.au/podcasts/101

See omnystudio.com/listener for privacy information.

In this 100th episode, Veronica Morgan and Chris Bates offer up their top 10 moments to celebrate the overwhelming success of the Elephant in the Room Property Podcast. This is a cracker of an episode that packages up the most interesting stories, powerful tips and unique insights… You’re welcome!

Veronica Morgan Top 5 picks

• Episode 28 - Lynette Malcolm -  Buyers’ remorse and looking at the big picture.
• Episode 35 - Jane Slack Smith - How to use filters in choosing successful investment properties.
• Episode 54 - Jennie Tonner - Risks of buying within the cooling off period.
• Episode 68 - Karen Stiles - A horror story of purchasing from an off-the-plan project
• Episode 81 - Eliza Owen - What led to the recent market correction?

Chris Bates Top 5 Picks

• Episode 40 - Simon Kuestenmacher - Challenges for developers in the city.
• Episode 58 - Nerida Conisbee - Why micro market numbers matter more
• Episode 87 - Kerry Hunt - How has building inspections and certifications changed over time?
• Episode 89 - Brendan Coates - Why tax policy on property negatively impacts the economy?
• Episode 72 - Tim Sharp ‘Dr Happy’ - How our societal motivations and emotions impact our buying decisions.

Links

Work with Veronica? [email protected]Work with Chris? [email protected]

Episode TranscriptPlease note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…

https://www.theelephantintheroom.com.au/podcasts/100

See omnystudio.com/listener for privacy information.

Today we chat with Bill McCorkell, Founder of ArchiBlox, a revolutionary architecture and building firm specializing in modular prefabricated buildings for both residential and commercial. ArchiBlox has worked with big names such as the Victorian and New South Wales governments, Lendlease, Häagen-Dazs and Tesla. We hear from Bill about the future of sustainable building practices, a critical topic for all Australians.

Here’s what we covered:

• What is the price comparison between a traditional housing vs modular?
• How dollar per square metre doesn't represent the true cost
• Is prefab buildings the future of sustainable housing?
• What kind of council approval do you need for building a prefab houses
• Are there problems getting finance for this kind of home
• What are the limitations do prefab housing have?
• How prefab houses get around land zoning
• How the small house movement is shaping how we live
• What are the common misconceptions about prefab housing
• What to consider when renovating a property

WEBSITE LINKS:Growing population: Episode 89 Cecille Weldon: Episode 62

GUEST WEBSITESIf you’re interested in learning more about ArchiBlox click HERE

Work with Veronica? [email protected]Work with Chris? [email protected]

EPISODE TRANSCRIPT: https://www.theelephantintheroom.com.au/podcasts/099

See omnystudio.com/listener for privacy information.

In this episode special, Chris and Veronica answer hot-topic questions from listeners. Here are some of the highlights:

• Why older style apartments still hold up against off the plan apartments
• How staging and styling distorts home buyers perceptions
• How land titles affect lending and resale
• What questions should you ask your building/pest inspector
• Why being cash flow positive on an investment property can negatively impact you
• How to grow a property tax free for 6 years

We refer back to:

Reena Van Alast: Episode 18

Kerry Hunt: Episode 87

Equities Market: Episode 84 | Episode 83 | Episode 73 | Episode 69

Work with Veronica? [email protected]

Work with Chris? [email protected]

EPISODE TRANSCRIPT: 

https://www.theelephantintheroom.com.au/podcasts/098

See omnystudio.com/listener for privacy information.

Jacqui Pollock, Family Coach and Founder of Human Leadership, a consultancy that focuses on leadership coaching. Jacqui has worked with impressive household names such as SBS Television, Sunrise, Audible and McDonalds. In this episode, Jacqui opens up on skills that improve a property buyer's decision-making process.

Here’s what we covered:

• How to catch yourself as a home buyer from making reactionary decisions

• How to deal with the stress of buying property

• What qualities and values aid property buyers on their journey

• Why it is important, to evaluate the viability of property by financial and lifestyle expectations

• What lifestyle changes come with buying in an unfamiliar area.

• How to avoid buyers’ remorse

• Involving your children in discussing their needs and wants

We hope you enjoy listening.

GUEST WEBSITES:https://www.jacquipollock.com.au/ Get a copy of Jacqui’s book “Knowing Me Knowing Them” click HERE

Work with Veronica? [email protected] Work with Chris? [email protected]

EPISODE TRANSCRIPT: 

https://www.theelephantintheroom.com.au/podcasts/097

See omnystudio.com/listener for privacy information.

We pick the brains of Dr. Andrew Wilson, possibly Australia's best known independent property economists. 

Dr. Wilson publishes his auction clearance rates on a weekly basis on LinkedIn & breaks them down into regions. We discussed:

•  What do auction clearance rates mean?
•  Auctions, statistics, how is the data collected for these rates & is it reliable?
• Will interest rates ever rise again to past highs?
• Are Australia’s boom & bust housing cycles over?
• Misinformation & accountability of accurate reporting, don’t believe everything you read.
• What is the correlation between lower interest rates & house prices?
• RBA & APRA’s fundamental mistaken views.
• Asset selection - why the asset choice remains critical.
• Beware of spruikers - purchasing mistakes to avoid.

It’s a cracker of an episode, we hope you enjoy listening!

GUEST WEBSITE:Dr Andrew Wilson - My Housing Market Australian Urban Research infrastructure network

Work with Veronica? [email protected]Work with Chris? [email protected]

Read the transcript:www.theelephantintheroom.com.au/podcasts/096

See omnystudio.com/listener for privacy information.