The Property Trio (formerly The Property Planner, Buyer and Professor)

In the eighth Podcast since Covid-19 took hold, we turned our thoughts to the property market and the multitude of forces that determine its trajectory. We look at the stabilisers, head winds and yes, even tail winds, despite what the mass media might have you believe! In this episode David Johnston, Cate Bakos and Peter Koulizos take you through: •The seller's market, how supply and low interest rates are underpinning property values. •Why auction clearance rates have improved each week for the last three weeks and one noted property market expert with a proven track record is re-calibrating his previous dire predictions for the market. •Why access to finance is critical to supporting property values, and how lender policies are adjusting given the changing economic situation. •The forecast for unemployment what this means for the property market. •The impact of sustained low interest rates on property values based on RBA modelling. •How property values remained resilient during the early 90's recession despite unemployment above 10% and the RBA cash rate peaked at a punishing 17.5 per cent. •An update on relaxed restrictions as state governments begin the process of easing, with kids returning to school and social gatherings back on the agenda. •And of course, our 'gold nuggets'!

In the seventh Podcast since Covid-19 took hold, we turned our thoughts to the alarmist headlines emerging, warning that the property market will drop by 20-30%. Why in all likelihood that won't be the case by taking a critical eye to data and forecasting, and jumping in the time machine to look at the economic impact of previous pandemics and recessions on the property market. In this episode David Johnston, Cate Bakos and Peter Koulizos take you through: •We share our insights as to what we are seeing at the coal facewith residential property transactions and buyer activity. •We discuss our property market forecasts, why we hold the position that we do, and why we urge you to seek data from credible sources, whose area of expertise and skill set specialises in residential property. •How property values actually increased in April across Australia during lockdown, and why this happened, despite the negative headlines. •Why you should give short thrift to shock headlines that property values will drop significantly, and why you should be careful what you read, and how headlines are often diametrically opposed to the actual content. •A look at the Spanish Flu and the Great Depressionand how the policy and events of the time stack up to our current situation and the economic recoveries. •Analyse the residential property market data from Australia's three most recent recessions and the GFC.The results will surprise you! •Why turning the finance tap off, or rising rates are the most likely key indicatorsto precipitate a significant reduction in residential property values. •And of course, our 'gold nuggets'! Visit the show notes - https://bit.ly/3c4D7p6

In the sixth Podcast since Covid-19 took hold, we turned our thoughts to focusing on planning for your next decision, as the governments start planning for, and in some cases such as WA and QLD, removing restrictions to open up the economy. It takes time to develop your property plan and selection strategy for the next purchase. This all happens before you can even begin the searching process and get your finance approved. In this episode David Johnston, Cate Bakos and Peter Koulizos take you through: •Confidence and market sentiment continue to rise with the data telling us more people are walking, driving and working as two states lift restrictions, with case numbers reducing. •Property market economics and how they can be different to the broader economy. The property market is expected to bounce back faster, there is a different set of factors at play when it comes to property values V the economy and job market. •What stimulus will remain after 6 months, what reform agenda will be rolled out, and what new incentives will be added to drive the economy? Many lender and government initiatives have a timeframe of 6 months, but other incentives and reform will take place, while some of the stimulus will remain for some time. •Who are the likely sellers and buyers in today's market? •Working out your next property decision! Now is a time for introspection and reflection, ultimately you will fall into one of two camps - people who are happy with their current home and those who wished they were in a different property. We will see many motivated home buyers after this experience who have re-evaluated their lifestyle preferences. •How coronavirus has challenged the mindsets of investors, money management, risk management and lifestyle choices - a great education opportunity for many home owners and investors. •The importance of money management and planning for the future - Covid-19 is a great example of precisely why we have focused two decades on managing risk via your mortgage strategy, despite many of the strategies being counter intuitive during the good times. Good money management never goes out of fashion. You never know when you may require a liquidity bridge. •Reverse engineering your price point via your money goals - Setting Money Goals which should determine your property price, strategy and selection. Merely borrowing the maximum available that the lender will provide, without any thought to your monthly surplus cash flow and available funds buffer, is a great way to get you into trouble, as Covid-19 has amplified. •The Property Planner, Buyer and Professor share what advice they would give their kids/staff/students if they were wondering if they should buy now or wait. •And of course, our 'gold nuggets'! Visit the show notes: https://bit.ly/35mJ7ah

In the fifth of our Covid-19 Podcast specials recorded on Monday, we turned our thoughts to focusing on the green shoots, marking the early signs of recovery with the federal and state governments now turning their focus on how we navigate an effective exit of the shutdown, whilst keeping infections low or entirely eradicated. We have seen talk of lifting restrictions, sporting bodies have been working through their plan to get back on the field and elective surgeries are back on the agenda. This adjustment in focus to how we exit successfully has the ability to spur on the initial turn in market sentiment and provide a glimpse into the possibility of opening back up the economy and workplaces. In this episode David Johnston, Cate Bakos and Peter Koulizos take you through: •What are the tell-tale signs of recovery and a rebound in market sentiment? •Comparing the market forces between last year's post-election recovery and how the post Covid-19 property market rebound could play out in 2020 and 2021. •Who are the early movers that have the confidence to purchase in a shifting market and are you prepared to take the plunge? •Negative Nellie's - why the media is focused on predominantly negative outcomes and you should be very selective in who and what you listen to. •The Bull Market of the last two weeks and how the US federal reserve stared down short sellers - how the share markets are a leading indicator of the overall economy (but has the rebound been overly optimistic?), what the US federal reserve did to stave of short selling hedge funds and some education on how the financial markets work. •And of course, our 'gold nuggets'! Visit the show notes: https://bit.ly/2Vnae1q

In the fourth Podcast in our Covid-19 specials recorded on Monday we turned our thoughts to focusing on the impact to landlords, tenants and those selling property. NSW and QLD have released their packages for assistance to landlords and the residential market was rocked last week by Consumer Affairs Victoria announcing that open for inspections for occupied homes would be banned. Victoria has since backtracked and reversed these restrictive regulations yesterday. In this episode David Johnston, Cate Bakos and Peter Koulizos take you through: •Restrictions on landlords - as the state governments enact 'no evictions' for non-payment of rent, preventions on rental increases and inspections done via video conference. •What to do if your tenant is unable to pay rent - if you have a stable income, now is the time to refinance to reduce repayments, get on a lower rate, consolidate debt, access equity to increase your liquidity bridge to get you through to the other side. Be clear on your landlord insurance and what it does or does not cover. Get on the phone with your lender and swap to interest only - ASIC has updated their responsible lending guidelines to allow for this. Repayment pauses are available and should be an option of last resort as most lenders are capitalising interest. •Tenants who are falling through the cracks - international students, those on temporary visas and people casually employed for less than 12 months do not meet JobKeeper and Jobseeker criteria. •Regulations for commercial rentals - if your business has been impacted by Covid-19, your rent must be decreased by 50% of the revenue lost, if you have lost more than 30% revenue, with 2 years to make up the difference. •The longer-term impact to the commercial rental market as businesses successfully work from home. •Lack of regulation for residential rentals as the rental market takes a dip - landlords encouraged to cut a deal with their tenants and real estate agents left to decide how this process is managed. Anecdotally, rents have decreased by 5-15% due to decreasing demand. On the supply side, Airbnb and other properties which were short-stay rentals are set to come onto the market in droves. •Increasing difficulty to sell - as Consumer Affairs Victoria has quickly revoked their regulation announced last week that occupied homes could not host open for inspections. •And of course, our 'gold nuggets'! We wish you and your families the best of health and say a big thank you to all our health workers during this time. Visit the show notes: https://bit.ly/2wDSQvR

In the third Podcast in our Covid-19 specials recorded on Monday we turned our thoughts to focusing on what the property market is doing during this period, what it could look like as we come out the other side, and how to proactively protect your financial position through an effective mortgage strategy. In this episode David Johnston, Cate Bakos and Peter Koulizos take you through: •Gearing up for the property run as markets open up and what this could look like. •Why we think property values will have a floor put under them during this period, but rental yields may not be so lucky. Airbnb was declared illegal in NSW after going to air. Presciently we covered off on how the demand for Airbnb was being decimated and what this and other supply factors will mean to the rental market. •Calling all upgraders - if you still have a stable income, now would be a great time to upgrade as the higher value properties will see the biggest discounting. •What you can do to protect your financial position during this period. We once again talk through why 'risk management' is one of our 5 core mortgage strategies and how you can proactively protect yourself during the proverbial rainy day or months during this time. •Hot off the press! ASIC allow switching from principal and interest to interest only without completing a full application and financial assessment. •Property prices in all capital cities except Hobart recorded value increases during March but what are some of the nuances with this data. •Flattening the curve and the light at the end of the tunnel - we've gone from a peak of 28% increase in infections to 5% in the last two days. These are the trigger points that economists are looking for to signal economic recovery and the share markets of the USA and Australia have been more stable in recent days. •Property market impacts with agents facilitating inspections individually and how agents will be more particular with who they sell property to. •Be wary of the mortgage repayment pause because your interest could be capitalising which means you will have a greater debt at the of the period. •And of course, our 'gold nuggets'! We wish you and your families the best of health and say a big thank you to all our health workers during this time. Visit the show notes: https://bit.ly/2UNu1qh

We recorded the second Podcast in the space of five days of our Covid-19 specials on Monday to keep you updated with some of the latest news, as we assist you to navigate the rapidly changing property, financial and economic landscape. On this day, the share market had its biggest jump in 40 years with the expectation of the $130b government package which was announced that night. Victorian Premier Daniel Andrews also took his state into Stage 3 lockdown. In this episode David Johnston, Cate Bakos and Peter Koulizos take you through: •The unaddressed impact to landlords - as the Government announces no evictions for tenants who can't pay rent but is yet to decide on how to support landlords beyond the bank's assistance. •We suggest ideas for how to assist self-funded retirees relying on rental income - whose income level have dropped below the standard pension. •Why now is the best time in history to refinance to proactively manage risk and cash flow. Risk management has always been one of our five mortgage strategies, well prior to the Covid-19 contagion. The strategies have always been counter intuitive because they include a larger loan limit, lower minimum repayment and using offset accounts for surplus funds. Each strategy amounts to a bigger buffer when supported by an effective money management system. This all leads to flexibility for emergencies, such as right now for many. •The implications of the pending government stimulus package for businesses and those who have lost their jobs and how business owners can approach the situation of declining revenue. •Why you should spend (appropriately) if you have a safe job and a large buffer to keep the economy moving and Australian's in jobs. Every dollar spent helps pay a wage somewhere. •The problem v the solution - The big philosophical question that has no perfect answer, but everyone has an opinion on. At what point does the economic shutdown leave a longer lasting negative impact from a health and financial perspective than the effects of the virus? •Flattening the curve - how the daily percentage rate of infections has reduced and what we can do to continue this trajectory. •Lockdown, what does Stage 3 and Stage 4 actually mean? •Property market update - how the market is expected to stay relatively consistent for sought after property, as seen at the coal face with a slump in sellers and buyers. But there are sprinklings of opportunities to purchase at a discount as some people are forced to sell. •And of course, our 'gold nuggets' to get you through this period. We wish you and your families the best of health and say a big thank you to all our health workers during this time. Link to show notes - https://bit.ly/3dL3YYC

We recorded a special Covid-19 Podcast yesterday to keep all of our listeners updated with some of the latest news, as we attempt to navigate the rapidly changing financial and property market landscape. In this special episode Cate, Peter and Dave take you through: •A detailed update on the status of the financial markets as they are lead indicators for what is ahead and help us to look beyond the near-term. In the last few days, we have seen a significant share market rebound off the back of the US $2trillion (USD) stimulus package, including the single largest day jump in history in the US. •A historical stock market comparison. We provide perspective as to how well the market is holding up, in comparison to other key periods in history. •How the Shanghai stock exchange has fallen and recovered. •Information about the government stimulus package. •The support being provided to SME's, the temporarily unemployed and vulnerable consumers. •The vital role the banks are playing, with great assistance from the RBA, including reducing interest rates and buying up bonds to keep rates low. •How YOU can build your own bridge of liquidity through to the other side. •Real-life examples of the impact on landlords and renters. •And of course, our 'gold nuggets' to get you through this period. We hasten to say that first and foremost, Covid-19 is a major public health issue, that has severely impacted economic activity, essentially due to the lack of personal mobility. The resounding message is that this is temporary. The reality is that Covid-19 will have an end date. Once mobility resumes, the economy will resume, and in all likelihood, at a faster rate than ever in history. Let's each build our liquidity bridge and support one another, SME businesses and owner's, as the largest employer of Australians, those who are temporarily out of work, and the vulnerable on our way through to the other side. We wish you and your families the best of health and say a big thank you to all our health workers during this time. Show notes - https://bit.ly/3dAr0Rw

Today's episode is all about what the Governor of the Reserve Bank of Australia, Phillip Lowe has called 'superstar cities' - Sydney and Melbourne. What is it about these two cities that give them 'superstar' status, drawing international attention and capital growth acclaim? In episode 39, we discuss "Why Sydney and Melbourne outperform" Listen as David Johnston, Cate Bakos and Peter Koulizos take you through the reasons why Sydney and Melbourne are leaders in median capital growth, why diversification is still a critical factor in your property strategy and how property selection can put you a cut above the rest.

How are you tracking with your new year's property resolutions? Statistics show that less than 1 in 10 people keep their new year's resolutions. Sure, after the celebrations and holidays are over, life can get in the way. Getting back to the grind can get you stuck in the mud. But if your resolutions involved an element of property planning or wealth creation, you are doing yourself a disservice by not following through. In episode 38, we discuss "Are you being true to your new year's resolution?" Listen as David Johnston, Cate Bakos and Peter Koulizos take you through why investors make new year's resolutions, tips for planning and setting your goals, and what you can do to stay on track to achieving them. Show notes - http://bit.ly/3b1vnDe