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I AM WARNING THE PRIME MINISTER! Don’t touch negative gearing

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Manage episode 442460887 series 2286295
Content provided by Tom Panos - Real Estate Coach & Trainer and Tom Panos - Real Estate Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Panos - Real Estate Coach & Trainer and Tom Panos - Real Estate Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

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Real Estate Market Wrap.
Let's have a look at the facts:

  • There are 8.5 million properties in Australia are investment properties, housing around one-third of the population
  • Nearly 50% own just one property
  • The profile of a typical investor is someone earning less than $100K a year; it’s the school teachers, firemen, plumbers, nurses
  • If the Government mucks around with negative gearing, those 8.5 million investment properties will be affected.
  • We’ve got to look at Underquoting Laws. Ironically, it's the fair agents that quote the right figures that aren't getting buyers coming to the property. And agents who underquote get 8-10 people to an OFI and end up getting the property sold.
  • We have an oversupply of listings across Australia and it’s the killer to capital growth.

My Clearance Rate: 12/16 Properties SOLD

  continue reading

Chapters

1. Negative Gearing Policy Debate in Australia (00:00:00)

2. Property Market Challenges and Strategies (00:06:06)

3. Real Estate Underquoting and Off-Market Strategies (00:11:37)

748 episodes

Artwork
iconShare
 
Manage episode 442460887 series 2286295
Content provided by Tom Panos - Real Estate Coach & Trainer and Tom Panos - Real Estate Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Panos - Real Estate Coach & Trainer and Tom Panos - Real Estate Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Send us a text

Real Estate Market Wrap.
Let's have a look at the facts:

  • There are 8.5 million properties in Australia are investment properties, housing around one-third of the population
  • Nearly 50% own just one property
  • The profile of a typical investor is someone earning less than $100K a year; it’s the school teachers, firemen, plumbers, nurses
  • If the Government mucks around with negative gearing, those 8.5 million investment properties will be affected.
  • We’ve got to look at Underquoting Laws. Ironically, it's the fair agents that quote the right figures that aren't getting buyers coming to the property. And agents who underquote get 8-10 people to an OFI and end up getting the property sold.
  • We have an oversupply of listings across Australia and it’s the killer to capital growth.

My Clearance Rate: 12/16 Properties SOLD

  continue reading

Chapters

1. Negative Gearing Policy Debate in Australia (00:00:00)

2. Property Market Challenges and Strategies (00:06:06)

3. Real Estate Underquoting and Off-Market Strategies (00:11:37)

748 episodes

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