563 | Property Crash: The Surefire Way to Collapse the Market

The Property Couch

This week on The Property Couch, we’re not sitting down with Ben Kingsley, co-host of The Property Couch…

But Ben Kingsley, Chair of the Property Investors Council of Australia (PICA), and he’s here with a serious warning.

As the peak body representing everyday property investors, advocating for consumer protection, ethical practices, and a sustainable rental market, PICA recently wrote to every major trade association across Australia, from the Real Estate Institutes to leading mortgage broker bodies.

In it, PICA is calling out the rise of:

• Get-rich-quick advertising 🎯
• Unlicensed financial advice in Trusts & SMSFs 📑
• Buyer’s Agents behaving badly 🏚️
• Short-term speculation threatening housing affordability 💥
• Lack of transparency with hidden fees & kickbacks 💸

Why? Because these behaviours don’t just risk burning everyday investors… they risk damaging the reputation of the entire property industry and could trigger over-regulation that hurts us all.

🎧 Tune in for a must-listen conversation about protecting consumers, safeguarding our rental market, and keeping property investment sustainable for the long term.

RESOURCES MENTIONED

• Find Out More About PICA
  Want to dig deeper into the issues we’ve unpacked today? The Property Investors Council of Australia (PICA) is the national peak body representing the interests of property investors. Their mission is to protect consumers, promote ethical investing practices, and ensure a sustainable rental market.
  • 🚨 Read the letter on the official PICA website!
  • 👥 Join the PICA community to stay informed and support advocacy efforts for everyday property investors
  • 🔎 Register for the On-Demand Webinar on NSW & VIC Planning Laws Update
• Connect with Ben on:
  • LinkedIn: Ben Kingsley
  • Twitter: @benkingsleyAU
  • Or reach out to his email at [email protected]

LISTEN TO THE FIRST 20 EPISODES HERE >>
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Chapters

1. 563 | Property Crash: The Surefire Way to Collapse the Market (00:00:00)

2. This Week It’s Different: Ben as Chair of PICA (00:02:15)

3. Why PICA Wrote to Every Major Trade Association (00:04:20)

4. The Media Response Across the Industry (00:06:40)

5. Animal Spirits in Property Explained (00:09:44)

6. What’s at Risk if We Get It Wrong (00:12:39)

7. Why 30% Investors and 70% Owners Keeps Balance (00:15:04)

8. Case Study: Gladstone Mining Boom and Bust (00:19:24)

9. Area #1: The Danger of Get-Rich-Quick Advertising (00:23:14)

10. GameStop and the Voting vs. Weighing Machine (00:28:49)

11. Regulatory Guides 36 & 175 on Advice (00:33:14)

12. The Heavy Penalties for Unlicensed Advice (00:35:34)

13. Area #2: Unlicensed Advice in Trusts & SMSFs (00:37:59)

14. Area #3: Buyer’s Agents Behaving Badly (00:44:24)

15. Area #4: Short-Term Speculation Risks (00:50:04)

16. Area #5: Transparency and Conflicted Remuneration (00:55:54)

17. Why PICA Is Sounding the Alarm Now (01:01:34)

18. Final Takeaways on Protecting Investors and Markets (01:06:49)